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Business|
Nov 13, 2009
Nov. 13 (Bloomberg) -- Abercrombie & Fitch Co., the U.S.teen-apparel retailer, rose to the highest level in 14 months inU.S. trading after third-quarter profit topped analysts’estimates.
Abercrombie rose $3.92, or 11 percent, to $40.68 at 4 p.m.in New York Stock Exchange ...Read More
NEW YORK—Shares of the Walt Disney Co. got a boost Friday after the company posted a surprise 18 percent jump in its fiscal fourth-quarter profit and announced an executive job switch that might point to a successor to CEO Robert ...Read More
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Business|
Nov 13, 2009
NEW YORK (AP) - Shares of the Walt Disney Co. got a boost Friday after the company posted a surprise 18 percent jump in its fiscal fourth-quarter profit and announced an executive job switch that might point to a successor ...Read More
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Business|
Nov 13, 2009
Investors pushed back into the stock market a day after a slide as earnings reports boosted confidence about the pace of a recovery in the economy.
Major stock indicators advanced about 1 percent, including the Dow Jones industrial average, which rose ...Read More
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Business|
Nov 13, 2009
NEW YORK -Investors pushed back into the stock market a day after a slide as earnings reports boosted confidence about the pace of a recovery in the economy.
Reports from The Walt Disney Co. as well as retailers Abercrombie & Fitch ...Read More
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Business|
Nov 13, 2009
* Walt Disney higher in premarket trading after Q4 results
* JC Penney earnings top expectations
* Reuters/U. Mich consumer sentiment expected to rise
* For up-to-the-minute market news, click [STXNEWS/US]
NEW YORK, Nov 13 (Reuters) - U.S. stock index futures roseon Friday after ...Read More
NEW ALBANY, Ohio — Preppy clothing seller Abercrombie & Fitch Co.'s third-quarter profit fell 39 percent as sales continued to be weak and the company worked to close its higher-priced Ruehl line, the company said Friday.
Abercrombie & Fitch has seen ...Read More
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Business|
Nov 13, 2009
Nov. 13 (Bloomberg) -- Sumitomo Mitsui Financial Group Inc.and Mizuho Financial Group Inc. beat analysts’ estimates forsecond-quarter profit on trading gains and lower bad-loan costs.
Sumitomo Mitsui, Japan’s second-largest bank by marketvalue, more than doubled profit to 50.8 billion yen ($563million) ...Read More
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Business|
Nov 13, 2009
Nov. 13 (Bloomberg) -- Sumitomo Mitsui Financial Group Inc.,Japan’s second-biggest bank by market value, more than doubledsecond-quarter profit as bad loan charges declined.
Net income at the Tokyo-based company rose to 50.8billion yen ($563 million) in the three months ended Sept. ...Read More
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Business|
Nov 13, 2009
Department store operator Nordstrom Inc. said Thursday that its profit rose 17 percent in the third quarter even though its costs were higher than expected as shoppers began spending more.
The company raised its 2009 profit outlook to a range of ...Read More