Wal-Mart Stores, Inc. (WMT) Entering Auto Insurance Market

Earlier today, April 30th, Wal-Mart Stores, Inc. (NYSE:WMT) announced a new marketing partnership with AutoInsurance.com, that will establish a website designed to help consumers compare coverage and rates for automobile insurance.

The deal does not include Wal-Mart taking a stake in AutoInsurance.com, but Wal-Mart Stores, Inc. (NYSE:WMT) receives a promotional payment per