American Eagle August same-store sales rise 11 pct
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Teen clothing retailer American Eagle  Outfitters Inc.  said on Thursday its sales at stores  at least a year rose 11 percent in August, helped by  back-to-school sales, and the company raised its quarterly  earnings forecast.
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McDonald's Corp.  on Wednesday said worldwide sales at its namesake restaurants open at least 13 months rose 3.9 percent in August, helped by strong sales of new menu items like fried chicken strips.
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Teen clothing retailer American Eagle  Outfitters Inc.  said on Wednesday sales rose in  February, helped by the popularity of its early spring  fashions.
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Macy's Inc  reported a 2.4 percent rise in August sales at stores open at least one full fiscal year on Thursday as it boosted promotions.
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General Motors Corp  on Tuesday  said U.S. sales rose more than 5 percent in August, boosted by  strong demand for its pickup trucks and sport utility vehicles.
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WASHINGTON -- Retail sales posted a modest gain in August, helped by the biggest jump in auto sales in more than a year. But there are concerns that spending could falter as the steep slump in housing and financial market turbulence weigh on consumer confidence.
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Costco Wholesale Corp  reported on Wednesday a 2 percent increase in August sales of stores open at least a year, well below analysts expectations.
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Semiconductor companies moved higher in trading Thursday after an industry group said sales rose 1.1 percent to $18.2 billion in August from the previous month, and that inventories are on the decline.
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Teen retailers reported sharply higher  sales in August after kids flocked to stores ahead of the new  school year, but adult retailers fared worse as a slowing  housing market and higher energy prices crimped spending.
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Walgreen Co. WAG.N, the largest U.S.   drugstore chain by revenue, on Tuesday posted a 10.6 percent   rise in sales at stores open at least a year in August, driven   by higher sales of prescription drugs.
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Clothing chains American Eagle Outfitters and Abercrombie & Fitch posted surprisingly strong sales as young people flocked to malls ahead of the new school year.
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Teen clothing retailer American Eagle   Outfitters Inc. AEOS.O said on Wednesday its sales at stores   open at least a year rose 11 percent in August, helped by   back-to-school sales, and the company raised its quarterly   earnings forecast.
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U.S. consumer prices rose a slight  0.1 percent in August while activity at mid-Atlantic factories  slumped this month, according to reports on Thursday seen  boosting chances of a pause later this year in the Federal  Reserve's drive to raise interest rates.
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U.S. Treasury prices ended higher on  Tuesday after soft August retail sales and a record high  current account deficit kept dealers focused on the possibility  of a slower pace of official interest rate hikes.
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American Eagle Outfitters Inc.   on Wednesday said May sales at stores open at least a year rose  5 percent, slightly missing Wall Street targets, but the teen  clothing retailer reiterated its second-quarter earnings  forecast.
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U.S. sales of video games and  hardware jumped 46 percent in August from a year earlier, with  Microsoft Corp  seeing sales of its Xbox 360 console  shoot up after a price cut.
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Sales of new homes rose by 9.4 percent in August, the Commerce Department said Monday, as mortgage interest rates remained at low-enough levels to continue enticing buyers worried about future rate hikes.