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BUSINESS BRIEFS.(TO THE POINT)
RETAIL
Family Dollar profit marked down
The deep discount store matched Q4 views of 26 cents a share, down 7% from a year ago. Sales rose 9% to $1.32 bil. Other discounters have complained that rising gasoline prices are crimping consumer spending. Family Dollar plans to continue an aggressive store expansion, opening 500 to 560 stores this year. Shares fell 2% to 27.10.
** Outback Steakhouse's Sept. same-store sales rose 1.2% while their Carraba's Italian Grills sales rose 1.8% and its Fleming's Prime Steakhouse sales shot up 11.6%. Shares rose 3% to 41.53.
** Guess Sept. same-store sales rose 13.6%, helped by increased monthly promotional activity intended to maintain low inventory levels of its designer jeans and clothing. Shares rose 4.5% to 17.81.
** Staples got a 5-year, $275 mil contract from Bank of America. Shares rose 2.5% to 29.82.
TELECOM
- Target 3rd quarter profit rises 16 percent, sales rose 11 percent.
- News wire article from: The America's Intelligence Wire November 14, 2006 700+ words
...Corp. said Tuesday its third-quarter profit rose 16 percent, beating analyst expectations as its sales rose 11 percent. Its shares rose 2.5 percent in premarket trading. The nation's second largest discount chain after Wal-Mart Stores...
- OC sales rose to record in '06: Firm says sale of siding unit is under study.
- Newspaper article from: Blade (Toledo, OH) February 22, 2007 700+ words
...the firm's bankruptcy case. Sales rose 2 percent from $6.3 billion...Wall Street reacted favorably. OC shares rose $1.50, or 5 percent, to...and other products. For 2006, sales rose 4 percent to $1.6 billion and...
- Consumer electronics retailer Best Buy says December sales rose 12 percent.
- News wire article from: The America's Intelligence Wire January 6, 2006 700+ words
...of its earlier guidance. Best Buy shares rose more than 6 percent in morning trading. Best Buy said December sales rose to $5.7 billion (A4.7 billion...digit declines. Video game hardware sales rose during the first full month of Xbox...
- Q1 Online Sales Rose As Retailers Refined Web Marketing Skills; Sales Up 28%...
- Magazine article from: Investor's Business Daily May 24, 2004 700+ words
...site. In the fourth quarter, Internet sales rose 74% to $121 million vs. 12% growth...year, Williams-Sonoma's Internet sales rose 66% to $333 million. Another trend...successful initial public offering. Shares rose 38% in the first day of trading, to...
- ARM Holdings says 4th-quarter sales rose 8 percent.
- News wire article from: The America's Intelligence Wire February 6, 2007 700+ words
...said Tuesday that fourth-quarter sales rose 8 percent as the company boosted...royalties and licensing agreements. Sales rose to 68 million pounds (A103.1...company said in a statement. ARM shares rose 4.3 percent to 126.75 pence...
- Ahold says adjusted sales rose 0.5 percent in fourth quarter.
- News wire article from: The America's Intelligence Wire January 12, 2006 700+ words
...retailer Royal Ahold NV said Thursday that its fourth-quarter sales rose 0.5 percent to A10.85 billion, (US$13.1 billion...strong given a fierce price war in the Netherlands. Ahold shares rose 3.5 percent to A6.81 (US$8.23) in Amsterdam trading...
- Safran says 2006 sales rose 6.4 percent on demand for aircraft engines.
- News wire article from: The America's Intelligence Wire January 16, 2007 700+ words
...aerospace and communications company, said Tuesday that 2006 sales rose 6.4 percent after the company boosted revenue at its aerospace...A549 million) from A470 million at the end of 2005. Safran shares rose 6.2 percent to A18.26 (US$23.62) on Euronext.
- Thomson says third-quarter sales rose 8.3 percent.
- News wire article from: The America's Intelligence Wire October 12, 2006 700+ words
...supplier of television set-top boxes, said third-quarter sales rose 8.3 percent as demand for digital decoders rose. Revenue...expanded," Chief Executive Frank Dangeard said. Thomson shares rose 3.8 percent to A13.16 (US$16.50) on Euronext in...
- Chrysler says non-U.S. sales rose 17 percent in November.
- News wire article from: The America's Intelligence Wire December 5, 2006 700+ words
...unit of DaimlerChrysler AG, said Tuesday that non-U.S. sales rose 17 percent in November compared with the same month last year...compared to the same time period last year. DaimlerChrysler shares rose 0.1 percent to A43.99 (US$58.61) in Frankfurt.
- Britain's Experian says third-quarter sales rose 20 percent.
- News wire article from: The America's Intelligence Wire January 10, 2007 700+ words
...in the third quarter. On a constant exchange rate basis, sales rose 16 percent, the company said. "There was particularly strong...the quarter," said Chief Executive Don Robert. Experian shares rose 0.42 percent to 596.50 pence (A8.89 US$11.58...