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THE ECONOMY.(TO THE POINT)
Chain-store sales off last week
Same-store sales at big discount and department chains fell 0.5% from the prior week, Bank of Tokyo-Mitsubishi and UBS said. Sales rose 1.1% vs. a year ago. Separately, Instinet Research said month-to-date same-store sales rose 0.9% from May and 1.4% from a year ago.
Fed: California job market sours
Job growth in the West "took a turn for the worse in the past few months, especially in California," the San Francisco Fed said. While U.S. payrolls were flat in May, California employment fell at a 1.8% annual rate. About 25% of California's jobless have been unemployed for at least six months.
** A Gallup poll taken in mid-June found 45% of Americans thought the economy was improving vs. 40% in May and 23% in March.
** Manhattan's office vacancy rate was 12.5% in Q2 vs. 11.3% a year ago, Cushman & Wakefield said. But June vacancies fell to 12.5% from May's 12.6%.
Euro area factories slow in June
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Byline: Jeanne Bonner Mar. 4--Worldwide semiconductor sales rose to $18.3 billion in January, a 17.5 percent increase from the same month last year. While sales rose year-over-year, sales fell 0.5 percent in January from December...
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- Press release article from: PR Newswire January 18, 1988 700+ words
CARRIAGE INDUSTRIES SECOND QUARTER SALES ROSE 14 PERCENT TO ALL TIME HIGH, EARNINGS FAIL TO KEEP PACE, FIRST HALF VOLUME ALSO SETS RECORD; EARNINGS TOP YEAR AGO LEVELS CALHOUN, Ga., Jan. 18 /PRNewswire/ -- Carriage Industries, Inc...
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- Newspaper article from: Knight Ridder/Tribune Business News June 19, 2003 700+ words
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- Press release article from: PR Newswire July 21, 1999 700+ words
...versus $.42 per share in the year-ago second quarter. The per-share...with $111.4 million in the year-ago period. Sales rose 1% in the quarter to $1...foreign currency exchange, sales rose a much stronger 9% in the quarter...
- AVON INCOME PER SHARE FROM CONTINUING OPERATIONS UP 12% IN SECOND QUARTER;...
- Press release article from: PR Newswire July 26, 1994 700+ words
...quarter of 1993. Income per share from continuing operations rose 12% to $1.02, versus $.91 in the year-ago period. Sales rose 9% to $1.01 billion in the quarter, compared with $920.2 million last year. Avon said the increase...