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RBC, CIBC profits rise, shares fall on growth doubts
ReutersTORONTO (Reuters) - Royal Bank of Canada and Canadian Imperial Bank of Commerce posted second-quarter results that met or beat analyst estimates, but shares of both companies declined on uncertainty about future growth. Shares of RBC, Canada's largest...Tags: Edward Jones, Finance, Royal Bank of Canada, Thomson Corporation, Money and Monetary Policy
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Costco's quarterly profit rises 20 percent
ReutersMay 30 (Reuters) - Costco Wholesale Corp posted a 20 percent rise in third-quarter profit, as its low prices for food and gasoline appealed to shoppers. Costco earned $459 million, or $1.04 per share, compared with a profit of $386 million, or 88 cents...Tags: Costco Wholesale Corporation, Petroleum Industry
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Omnivision results beat estimates; shares rise
Reuters(Reuters) - Image sensor maker OmniVision Technologies Inc reported fourth-quarter results that beat market estimates as demand for its products grew. Net income rose to $8.9 million, or 17 cents per share, from $2.6 million, or 5 cents per share, a year...Tags: OmniVision Technologies Incorporated, Thomson Corporation
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Palo Alto expects revenue growth to slow, shares plunge
Reuters(Reuters) - Security software maker Palo Alto Networks forecast current-quarter results below market estimates as revenue growth slows due to U.S. budget cuts and European debt crisis, sending its shares down about 14 percent in extended trading. The...Tags: Viral Diseases and Infections, European Debt Crisis, Thomson Corporation, Economy, Business and Finance, Check Point Software Technologies Limited
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Guess forecasts strong sales this quarter; shares rise
Reuters(Reuters) - Apparel retailer Guess Inc forecast current-quarter sales above Wall Street's estimates after reporting a higher-than-expected quarterly profit, sending its shares up 10 percent in trading after the bell. The retailer forecast total second-...Tags: NYSE Euronext, Inc., Corporate Officers, Thomson Corporation, Stock Market, Economy, Business and Finance
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UnitedHealth, Aetna and Cigna opt out of California insurance exchange
Some prominent health insurers, including industry giant UnitedHealth Group Inc., are not participating in California's new state-run health insurance market, possibly limiting the number of choices for millions of consumers. UnitedHealth, the nation'...
Tags: Healthcare Provider, Patient Protection and Affordable Care Act, Medical Procedures and Tests, Citigroup Incorporated, Insurance
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Hertz stock could rise 70 pct in two years -Barron's
ReutersMay 26 (Reuters) - U.S. car rental company Hertz Global Holdings Inc is poised for a long run of earnings and revenue growth and the stock could be worth 70 percent more in two years, the Barron's financial news weekly said in its May 27 edition. The car...Tags: Rental Service, Passenger Cars, Japan
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Marvell forecast beats estimates; shares rise
Reuters(Reuters) - Chipmaker Marvell Technology Group Ltd forecast current-quarter revenue above analysts' expectations and reported first-quarter results that beat estimates on high demand for its storage and networking chips. Marvell's shares rose almost 9...Tags: Seagate Technology Holdings, Western Digital Corporation, Thomson Corporation, Toshiba Corporation, Quarterly or Semiannual Financial Statements
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Wet spring, weak construction drag Titan Machinery to loss
Reuters(Reuters) - Farm equipment retailer Titan Machinery Inc said it expects to report a quarterly loss as demand was hit by a wet spring weather in the United States that delayed corn plantations, sending its shares down 12 percent in extended trade. Titan...Tags: Weather, Heavy Engineering, Machine Manufacturing, Thomson Corporation, House Building
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Ralph Lauren profit higher, sees fiscal year revenues rising
ReutersMay 23 (Reuters) - Ralph Lauren Corp on Thursday reported a higher quarterly profit, helped by a jump in sales at its own stores and lower cotton costs. The fashion company said net revenue, including licensing revenue, in the fourth quarter ended...Tags: Ralph Lauren
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Weaker-than-expected 1Q chills Target's forecast
ReutersTarget Corp. shares sagged more than 4 percent Wednesday as the discount retailer cut its full-year profit forecast on weak first-quarter results. Target warned in April that its first-quarter results would be weaker than anticipated, and its performance...Tags: Kohl's, Wal-Mart Stores, Inc., Weather, The Home Depot, Thomson Corporation
May 30, 2013
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May 30, 2013
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May 30, 2013
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May 30, 2013
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May 30, 2013
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May 22, 2013
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May 28, 2013
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May 26, 2013
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May 23, 2013
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May 23, 2013
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May 23, 2013
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May 22, 2013
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