Micron Flips to Profit on Higher Sales
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| Micron Technology Inc., one of the leading memory chip makers in the world, said Tuesday that it swung to a quarterly profit from a year-ago loss, as rising sales helped offset lower selling prices for its chips. |
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Finish Line Posts Record Results
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| Athletic specialty retailer Finish Line Inc. reported after market close Wednesday a 34% jump in its quarterly earnings, aided by higher sales. The results topped Wall Street's estimates. |
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Family Dollar Net Slips
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| Family Dollar Stores Inc. posted before the bell Tuesday a slight drop in its second-quarter earnings, as profit margins weakened due to higher sales of lower-priced goods. Results were in line with expectations. |
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Morgan Stanley Net Rises
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| Morgan Stanley, one of the world's top investment banks, posted before the bell Thursday quarterly earnings that jumped 20% from a year earlier, boosted by strength in its fixed income and investment management businesses. |
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Albertsons Profits Up, But Miss Estimates
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| Albertsons Inc., the U.S. second-largest supermarket chain, said before the bell Tuesday that its quarterly earnings rose 49% from a year ago, boosted by acquisitions. However, the results missed analysts' forecast. |
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Focus on Earnings and Data
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| The coming week promises to be a busy one, as four of the biggest Wall Street banks will be announcing their quarterly financial results. Important economic data this week is also likely to draw investors' attention. |
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Urban Outfitters Profit, Sales Up
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| Retailer and wholesaler Urban Outfitters Inc. announced before the bell Thursday record quarterly profits, outpacing Wall Street's expectations, helped by solid sales and improved gross margins. |
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Kmart Earnings Improve, Sales Slip
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| Kmart Holding Corporation, the U.S. third-largest discount retailer, said Wednesday that its quarterly earnings advanced 14% from last year, as lower costs helped offset declining sales. |
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