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TJX 1Q profit climbs 8 percent as sales improve

May 19, 2009 5:05 am | by The Associated Press | News | Comments

NEW YORK (AP) — TJX Cos. said Tuesday that its fiscal first-quarter profit rose 8 percent as budget-conscious shoppers taking advantage of bargains at its discount retail outlets helped boost sales.The operator of stores such as T.J. Maxx, Marshalls and HomeGoods also expects to meet or beat Wall...

Direct 'ASK' Survey Shows Active Savers Better Prepared to Weather the Storm Banking Writers/Financial Editors

May 19, 2009 5:05 am | by The Associated Press | News | Comments

METTAWA, Ill.-- (BUSINESS WIRE) — May 19, 2009-- A survey released today by online banking business HSBC Direct sheds light on 'Active Savers' - a segment of the U.S. population whose deep seated desire to save for the long-term is proving an effective approach in the economic downturn and whose...

Taylor to Lead FinReg21.com Webinar on Government's Role in Financial Crisis Business Editors/Financial Editors

May 19, 2009 5:05 am | by The Associated Press | News | Comments

BOSTON-- (BUSINESS WIRE) — May 19, 2009-- FinReg21.com, a newly launched online resource of commentary and news on financial regulatory reform, today said it will host a live webinar on May 20th featuring Professor John B. Taylor. In the online forum, Professor Taylor will discuss the government's...

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1st Iraq census in decades skips religion details, 1st Ld-Writethru, ML

May 19, 2009 4:59 am | by SAMEER N. YACOUB - Associated Press Writer - Associated Press | News | Comments

BAGHDAD (AP) — Iraq will hold its first nationwide census in more than two decades in October, but Iraqis will not have to report which religious sect they belong to, a senior government official said Tuesday.The census form will ask about ethnicity and religion but not about a person's specific...

Captured Calif. mom released from Mich. prison, 6th Ld-Writethru, MI

May 19, 2009 4:59 am | by ED WHITE - Associated Press Writer - Associated Press | News | Comments

PITTSFIELD TOWNSHIP, Mich. (AP) — Susan LeFevre's first prison stretch was so scary that she decided to escape 33 years ago.Now, more than a year after her capture, the woman who changed her life to become a California suburban mom is free again — and her second stint behind bars in Michigan didn't...

'Law & Order' renewed for record-tying 20th season, APFN

May 19, 2009 4:59 am | by LYNN ELBER - AP Television Writer - Associated Press | News | Comments

LOS ANGELES (AP) — NBC is renewing "Law & Order" for a record-tying 20th season.People familiar with NBC's plans say the network is set to announce its fall schedule Tuesday and the durable crime drama will be on it. They spoke on condition of anonymity because they weren't authorized to discuss...

Saks posts smaller 1st-quarter loss than expected, 4th Ld-Writethru, US

May 19, 2009 4:59 am | by ANNE D'INNOCENZIO - AP Retail Writer - Associated Press | News | Comments

NEW YORK (AP) — Luxury retailer Saks Inc. reported a loss for the first quarter Tuesday as it struggles with the pullback in spending by its wealthy customers. Still, the results beat analysts' expectations as the chain benefited from cost cuts — sending shares up nearly 18 percent.The operator of...

Surprise drop in housing data checks market's rise

May 19, 2009 4:59 am | by TIM PARADIS - AP Business Writer - Associated Press | News | Comments

NEW YORK (AP) — A record low in housing construction has led investors to doubt the economy again.Stocks ended narrowly mixed in light trading Tuesday as the surprise drop in construction and a cautious outlook from retailer Home Depot Inc. pared gains in energy and utility stocks.Construction of...

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Dick's Sporting Goods narrows full-year guidance, APFN

May 19, 2009 4:59 am | by The Associated Press | News | Comments

PITTSBURGH (AP) — Dick's Sporting Goods Inc. on Tuesday raised the low end of its full-year earnings guidance, but said it expects the rest of the year to continue to be tough.Excluding merger and integration costs, Dick's said it now expects to post a profit of 88 cents to $1 per share for the...

Dixie Co. brothers accused of abusing mother, 1st Ld, FL

May 19, 2009 4:53 am | by The Associated Press | News | Comments

OLD TOWN, Fla. (AP) — Two Dixie County men have been arrested after reportedly leaving their mother lying in filth for days.According to the Dixie County Sheriff's Office, 49-year-old Jerry P. Holland and 48-year-old Donald K. Holland are facing charges of aggravated abuse and neglect of the...

Housing bottom in sight, but recovery will be slow, 6th Ld-Writethru, US

May 19, 2009 4:53 am | by MARTIN CRUTSINGER - AP Economics Writer - Associated Press | News | Comments

WASHINGTON (AP) — Single-family home construction posted a modest rebound in April, raising hopes that the three-year slide in housing is leveling off. But a bulging supply of unsold homes, record levels of foreclosures and still-falling home prices suggest a sustained recovery isn't likely until...

Dick's Sporting Goods 1Q profit falls, 1st Ld-Writethru, APFN

May 19, 2009 4:53 am | by The Associated Press | News | Comments

PITTSBURGH (AP) — Dick's Sporting Goods Inc. said Tuesday its first-quarter profit fell 48 percent on a drop in same-store sales stemming from tough economic conditions that kept shoppers away.Dick's earned $10.2 million, or 9 cents per share, compared with $19.6 million, or 17 cents per share, for...

Surprise drop in housing data checks market's rise, 18th Ld-Writethru, US

May 19, 2009 4:48 am | by MADLEN READ - AP Business Writers - Associated Press | News | Comments

NEW YORK (AP) — A record low in housing construction has investors doubting the economy again.Stocks closed narrowly mixed in light trading Tuesday as the surprise drop in construction and a cautious outlook from retailer Home Depot Inc. led energy and utility stocks to pare gains.Construction of...

Catfish won't be stocked in Bataan Lake, NM

May 19, 2009 4:48 am | by The Associated Press | News | Comments

CARLSBAD, N.M. (AP) — The state Game and Fish Department says it won't stock Bataan Lake with channel catfish this summer to protect the public from possible consumption of contaminated fish.State environment officials have issued an advisory that catfish longer than 14 inches shouldn't be eaten...

Ohio-based First Financial Bancorp adds branches, OH

May 19, 2009 4:47 am | by The Associated Press | News | Comments

CINCINNATI (AP) — Cincinnati-based First Financial Bancorp says it is kicking off a public offering of $100 million in common stock, a day after announcing the purchase of 17 branches of Peoples Community Bancorp for $12 million.First Financial is the Cincinnati area's fifth largest bank by...

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