H&amp;M profits rise on US popularity
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Profits at Swedish fashion retailer Hennes &amp; Mauritz rose more than expected in the third quarter as its clothes sold well in the US.
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Europe&#39;s largest fashion retailer, Hennes &amp; Mauritz AB, on Thursday posted better than expected third-quarter profits and said sales were up despite lowered prices
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US stock-index futures gained after a government report showed sales at retailers in October, excluding autos, rose more than expected.
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Luxury goods maker LVMH Moet Hennessy Louis Vuitton SA posted a sharp increase in its first-half earnings Wednesday, helped by more stable international currency markets and strong sales from its wines and spirits, fashion and leather goods and perfumes and cosmetic divisions.
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Rising textbook sales and strong growth in international bond ratings at its Standard & Poorâs unit helped lift earnings to $452 million, the company said.
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By Vicki Lee Parker, The Sun News, Myrtle Beach, S.C.  Feb. 21--UNITED STATES   RETAIL   Wal-Mart's profit-increase beats expectations   Washington -- Wal-Mart Stores Inc.
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Kimberly-Clark, which makes Huggies diapers and Scott towels, said profit rose more than expected and raised its outlook in light of higher international sales and a weaker dollar.
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The media firm founded by US lifestyle guru Martha Stewart has reported strong quarterly profits, boosted by magazine ad sales.
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US stocks rose yesterday after a measure of consumer confidence climbed to the highest since July, boosting retailers such as Wal-Mart Stores and reviving a rally that has lifted benchmark indexes to three-year highs.
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British American Tobacco announced Thursday that net profits climbed 7.3 percent last year as the company was bolstered by rising sales in emerging markets.
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European stocks moved into positive territory on Wednesday afternoon after better-than-expected retail sales figures in the US lifted sentiment across the Atlantic.
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U.S. stocks rose on Wednesday lifted  by a merger between retailers Kmart and Sears,  better-than-expected earnings from Hewlett-Packard and data  showing a slight rise in core inflation.
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HMS Holdings has seen an increase in revenues and net income.
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Third-quarter profit rose 5 percent, helped by sales growth in its U.S. retail market and Canada, the company said.
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Wm Wrigley Jr Co  on Monday posted a higher quarterly profit, helped by sales overseas, and announced an increased dividend.
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Europe's largest fashion retailer, Hennes &amp; Mauritz AB, on Thursday posted better than expected third-quarter profits and said sales were up despite lowered prices and competition from rival companies, thanks in part to sales in the United States.
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Diversified health-care company Johnson & Johnson  on Tuesday said its quarterly profit rose on higher sales of prescription drugs and medical devices.