Walmart Warning: You are not logged in. Your IP address will be publicly visible if you make any edits. If you log in or create an account, your edits will be attributed to your username, along with other benefits.Anti-spam check. Do not fill this in! ====Acquisitions and employee benefits==== On March 20, 2009, Walmart announced that it was paying a combined {{US$|933.6 million}} in bonuses to every full and part-time hourly worker.<ref>{{cite news|date=March 20, 2009|title=Wal-Mart gives $933 mn bonus to workers|newspaper=The Economic Times|publisher=Bennett, Coleman & Co.|location=New York City|url=http://articles.economictimes.indiatimes.com/2009-03-20/news/28454766_1_wal-mart-chief-executive-mike-duke-wal-mart-stores|url-status=live|access-date=August 14, 2014|archive-url=https://web.archive.org/web/20141218101427/http://articles.economictimes.indiatimes.com/2009-03-20/news/28454766_1_wal-mart-chief-executive-mike-duke-wal-mart-stores|archive-date=December 18, 2014}}</ref> This was in addition to $788.8 million in [[profit sharing]], [[401(k)]] pension contributions, hundreds of millions of dollars in merchandise discounts, and contributions to the employees' stock purchase plan.<ref name="Maestri 09">{{cite news |title = Wal-Mart awards $2 billion to U.S. hourly employees |last1 = Maestri |first1 = Nicole |url = https://www.reuters.com/article/us-walmart-bonus-idUSTRE52I4PS20090319 |work = [[Reuters]] |date = March 19, 2009 |access-date = February 28, 2016 |url-status=live |archive-url = https://web.archive.org/web/20160304023532/http://www.reuters.com/article/us-walmart-bonus-idUSTRE52I4PS20090319 |archive-date = March 4, 2016}}</ref> While the economy at large was in an ongoing [[recession]], Walmart reported solid financial figures for the fiscal year ending January 31, 2009, with $401.2 billion in net sales, a gain of 7.2 percent from the prior year. Income from continuing operations increased 3 percent to $13.3 billion, and earnings per share rose 6 percent to $3.35.<ref>{{cite web |title=Wal-Mart Reports Financial Results for Fiscal Year and Fourth Quarter |url=https://corporate.walmart.com/newsroom/2009/02/17/wal-mart-reports-financial-results-for-fiscal-year-and-fourth-quarter |website=Corporate - US |date=February 17, 2009 |access-date=October 12, 2022 |archive-date=October 12, 2022 |archive-url=https://web.archive.org/web/20221012211931/https://corporate.walmart.com/newsroom/2009/02/17/wal-mart-reports-financial-results-for-fiscal-year-and-fourth-quarter |url-status=live }}</ref> On February 22, 2010, the company confirmed it was acquiring [[streaming media|video streaming]] company [[Vudu, Inc.]] for an estimated $100 million.<ref>{{cite news |url = http://online.wsj.com/article/SB10001424052748704454304575082010734950440.html |title = Walmart Re-Enters Digital Downloading of Movies With Purchase of Vudu |newspaper = [[The Wall Street Journal]] |date = February 22, 2010 |first = Miguel |last = Bustillo |url-status=live |archive-url = https://web.archive.org/web/20130511065803/http://online.wsj.com/article/SB10001424052748704454304575082010734950440.html |archive-date = May 11, 2013}}</ref> Summary: Please note that all contributions to Christianpedia may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here. You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see Christianpedia:Copyrights for details). Do not submit copyrighted work without permission! Cancel Editing help (opens in new window) Discuss this page