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Financial SkepticAccentuating the caveat emptor with critical commentary concerning investor relations and financial communications. I look at how information is (mis)managed and manipulated thereby creating possible investors losses. |
Walmarts Union Problems
Posted on 07/27/2006 00:00 AM | Link | Post Comment
Walmart (NYSE:WMT) lost a major court decision in Canada. Walmart was attempting to prevent a provincial labor relations board from even hearing cases related to unionization of store workers. The courts have ruled that labor relations boards will hear labor relations matters. United Food and Commercial Workers Union is looking good. Watch for a strong unionized base to develop in Canada and then sweep down into the US. Cold air from Canada may have a new meaning.
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