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Author Archives: Market Watch

Guess jumps 14% after earnings beat

Guess Inc. produced nearly twice the profit that it expected in the second quarter, and shares zoomed higher in late trading Wednesday after the results were announced. The clothing retailer reported net income of $15.2 million, or 18 cents a ...

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FTC approves Amazon’s acquisition of Whole Foods

The Federal Trade Commission said it’s decided not to pursue an investigation of Amazon’s purchase of Whole Foods . In a brief statement, Acting FTC Bureau of Competition Director Bruce Hoffman said the agency examined whether the deal “substantially lessened ...

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