Fitch affirms Wal-Mart

Fitch Ratings said it affirmed Wal-Mart Stores, Inc.'s long-term issuer default rating at AA and short-term issuer default rating at F1+.

The outlook is stable.

According to the agency, the ratings reflect Walmart's dominant market position in North America, a strong position in the United Kingdom and a growing presence in other markets such as China, Brazil, Central America and South Africa.

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