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HibbettSports-052413-lg.jpg Sporting goods retailer Hibbett Sports, Inc. Friday reported a marginal decline in first-quarter profit, citing a colder weather, which impacted its performance. Earnings per share, as well as revenues increased from last year, while missed analysts' consensus estimates.
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Merck Ends Further Studies On Preladenant For Treatment Of Parkinson's Disease

Merck (MRK) Thursday announced the discontinuation of the extension phases of its studies on investigational adenosine A2A receptor antagonist for the treatment of Parkinson's disease, as initial review of data from three Phase III trials did not provide evidence of efficacy for preladenant compared...
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Natuzzi Q1 Loss Naroows
Natuzzi S.p.A. (NTZ) reported a net loss for the first quarter of $7.9 million or $0.14 per share, compared to a net loss of $11.1 million or $0.20 per share for the year-ago quarter. Total net sales for the first quarter grew 0.3% to $146.2 million from $145.7 million a year ago.
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Mexico April Jobless Rate Rises More Than Expected
Mexico's unemployment rate increased more than economists expected in April, latest data showed Friday. The unemployment rate, on an unadjusted basis, increased to 5.04 percent in April from 4.51 percent in March, statistical office INEGI said. Economists were looking for a figure of 4.67 percent....
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Matrix Asset Management To Sell Two Units To Marquest Asset Management
Matrix Asset Management Inc. (MTA.TO), an asset management holding company, said that the previously announced share exchange terms of its proposed business combination with Marquest Asset Management Inc., has now been revised. According to the revised transaction, Marquest will purchase certain...
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Abercrombie & Fitch Co. (ANF) Pulled Back After Q1 Loss
Abercrombie & Fitch Co. (ANF) reported a first quarter net loss of $0.09 per share Friday morning, compared to the loss of $0.25 per share last year. The consensus estimate was for a loss of $0.05. The company expects to report second quarter EPS of $0.28 to $0.33 and between $3.15 and $3.25 for the...
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WCI Communities Files For IPO Of Up To $150 Mln
Luxury home builder WCI Communities Inc. announced Friday that it has filed with U.S. regulators to raise up to $150 million in an initial public offering of its common stock. Pricing terms of the offering were not disclosed. The Bonita Springs, Florida-based company, intends to list its common stock...
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TDS Host Annual Meetings Of Shareholders At 11:00 AM ET
Telephone & Data Systems Inc. (TDS) will host an Annual meetings of shareholders. The event is scheduled to begin at 11:00 AM ET, May 24, 2013. To access the live webcast, log on at www.teldta.com
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