JC Penney Second-Quarter Revenue Rises
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Department-store operator JC Penney Co. eked out a small profit in the second quarter, compared to breaking even in the year-ago period. But it cut its profit forecast in the current program because of a program to retire debt early.
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The packaged foods giant posts a 19% increase in Q2 earnings.
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Apparel retailer J. Crew Group Inc.   on Wednesday posted a second-quarter net profit  compared with a year-ago loss, helped by higher gross margins,  and the company raised its full-year earnings outlook.
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The defense contractor said second-quarter earnings rose on higher sales across most of its businesses, including fighter jets, missile defense and information technology.
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J.C. Penney Co Inc.  said on Thursday its November sales at department stores open at least a year rose a less-than-expected 1.4 percent, but it stood by its earnings forecast for the fourth quarter.
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The economy grew at a faster than expected annual rate during the second quarter of 2007, official data showed on Wednesday.
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Apparel retailer J. Crew Group Inc   on Wednesday posted a second-quarter net profit, helped  by robust sales and higher gross margins.
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JPMorgan announces its second-quarter 2007 earnings.
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Diversified manufacturer United  Technologies Corp.  on Tuesday said second-quarter  earnings rose 13.6 percent, helped by strong demand for its jet  engines and other aerospace components.
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Apparel retailer J. Crew Group Inc  on Wednesday posted a second-quarter net profit, helped by robust sales and higher gross margins.
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Bank of America Corp. , the second-largest U.S. bank, said on Thursday that second-quarter profit rose 5 percent as growth in capital markets activity and consumer fees offset an increase in credit losses.
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Discount retailer Dollar General Corp. reported an 18 percent increase in second-quarter earnings, citing a tax benefit and improved sales.
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Double-digit revenue growth is the highlight of a good quarter.
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KeyCorp , a large U.S. Midwest bank, said on Tuesday that second-quarter profit rose 8 percent, helped by growth in fee income.
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The retailer reports another quarter of double-digit sales growth.
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BJ's Wholesale Club Inc. said Tuesday that sales growth boosted second-quarter earnings 25 percent, and the bulk retailer disclosed it faces &#36;16 million in claims over the theft of some of its customers' credit and debit card information.
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The No. 2 grocer reports double-digit gains in sales and earnings after recent acquisitions.