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TJX (TJX)

The TJX Companies, Inc. today said that sales for the four-week period ended October 31, 2009, were $1.7 billion, up 15% over the $1.5 billion achieved during the four-week period ended November 1, 2008. Consolidated comparable store sales increased 10% compared to last year for the four-week period ended October 31, 2009
Analysts had expected same-store sales to rise 10.1%.

Nov 5 · 10:59:00 AM · Source: Company News
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by Larry Etter

MGM Mirage (MGM)

MGM Mirage said it has a third-quarter net loss of 750.4 million, or $1.70 a share, compared with a profit of $61.3 million, or 22 cents, a year earlier. The loss included a write-down of its CityCenter development, which is set to open in December. Revenue fell 13% to $1.71 billion from $1.95 billion last year.
The revenue number did beat analysts' forecasts.

Nov 5 · 10:53:00 AM · Source: Company News
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by Larry Etter

Scripps Networks Interactive (SNI)

Scripps Networks Interactive Inc. has agreed to buy a controlling stake in the Travel Channel from Cox Communications Inc. Scripps Networks will pay $181 million to get 65 percent of the channel through a joint venture with Cox, which will keep the remaining stake, the companies said today in a statement. Cox will contribute the channel, valued at $975 million, and their venture will take on $878 million in debt.
Scripps bid trumps a bid by News Corp. for the cable- television network.

Nov 5 · 10:47:00 AM · Source: Company News
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by Larry Etter

Sirius XM Radio Inc. (SIRI)

Sirius XM Radio said its third-quarter showed a loss of $149.1 million, or 4 cents a share, compared with a year-earlier loss of $4.88 billion, or $1.93 a share. On a pro-forma basis revenue rose 2.7% to $629.6 million.
The satellite radio provider has improved its financial position since February, when it had said it was exploring possibility of filing for bankruptcy.

Nov 5 · 10:38:00 AM · Source: Company News Release
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by Larry Etter

Disney (DIS)

Disney said it will invest $7 million in forest conservation projects in the Amazon, Congo and United States as part of its effort to reduce emissions, waste and energy use as a corporation.
Disney pledged earlier this year to cut its carbon emissions from fuels by half by 2012, and ultimately to achieve net zero direct greenhouse gas emissions at its office and retail complexes, theme parks and cruise lines.

Nov 4 · 2:01:00 PM · Source: Reuters
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by Michael Oliveto

Garmin (GRMN)

Garmin Wednesday reported a third quarter a profit of $215 million, or $1.07 a share, up from $171.2 million, or 82 cents a share, a year earlier. Excluding currency fluctuations, earnings rose to $1.02 a share from 87 cents. Revenue, however, sank 10% to $781.3 million.

Nov 4 · 1:11:00 PM · Source: Company News Release
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by Larry Etter

Pulte Homes (PHM)

Pulte Homes said Wednesday it had a third quarter loss of $361.4 million, or $1.15 a share vs. a loss of $280.4 million, or $1.11 a share, in the year-ago quarter.

Nov 4 · 12:55:00 PM · Source: Company News Release
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by Larry Etter

Time Warner (TWX)

Time Warner said its net income fell to $662 million, or 56 cents per share, down 38% from a year earlier. Results included a charge of 5 cents per share. Revenue fell 6 percent to $7.1 billion

Nov 4 · 12:37:00 PM · Source: Company News Release
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by Larry Etter

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