[R]10:00AM New York - DSW Inc sales rose 2.38% and net income rose 67%. Fred’s, Inc sales rose 5% and net income fell 68%.[/R]

DSW Inc, a footwear specialty retailer reported second quarter sales rose 2.38% to $357.2 million from $348.7 million a year ago. Net income in the quarter rose 67% to $11.0 million or 25 cents per diluted share compared to net income of $6.5 million or 15 cents per share, a year ago.

Comparable same-store sales fell 6.9%.

DSW Inc (DSW: chart) in the last one year traded as high as $31.65 in August 2007 and as low as $10.10 in July 2008. Based on the yesterday’s closing price the company has a market cap of $657.33 million.

Fred’s, Inc, discount general merchandise store operator reported second quarter sales rose 5% to $447.1 million from $424.6 million a year ago. Net income in the quarter fell 68% to $1.0 million or 3 cents per diluted share compared to net income of $3.1 million or 8 cents per share, a year ago.

Comparable same-store sales grew 5%.

Fred’s, Inc (FRED: chart) in the last one year traded as high as $15.36 in August 2008 and as low as $7.71 in January 2008. Based on the yesterday’s closing price the company has a market cap of $555.21 million.

LaBarge, Inc, engaged in manufacturing and designing electronic, electro mechanical and inter-connect systems reported fourth quarter sales grew 20% to $77.8 million from $64.8 million a year ago. Net income in the quarter rose 58% to $4,577,000 or 28 cents per diluted share compared to net income of $2,892,000 or 18 cents per share, a year ago.

Net sales for the fiscal year ended June 29, 2008 grew 19% to $279.5 million from $235.2 million in fiscal 2007. Fiscal 2008 net earnings grew 31% to $14.8 million, or $0.92 per diluted share, compared with $11.3 million, or $0.71 per diluted share, in fiscal 2007.

LaBarge, Inc (LB: chart) in the last one year traded as high as $15.30 in August 2008 and as low as $10.16 in March 2008. Based on the yesterday’s closing price the company has a market cap of $233.01 million.

Royal Bank of Canada, diversified financial services company reported third quarter revenues grew 8% to $5,912 million from $5,480 million a year ago. Net income in the quarter fell 10% to $1,262 million or 92 cents per diluted share compared to net income of $1,395 million or $1.06 per share, a year ago.

Royal Bank of Canada (RY: chart) in the last one year traded as high as $59.29 in October 2007 and as low as $39.62 in July 2008. Based on the yesterday’s closing price the company has a market cap of $58.80 billion.

Vimpel-Communications, a leading provider of telecommunications services in Russia and the Commonwealth of Independent States reported second quarter revenues grew 52.1% to $2,611 million from $1,717 million a year ago. Net income in the quarter rose 31% to $470 million or 46 cents per diluted share compared to net income of $359 million or 35 cents per share, a year ago.

Vimpel-Communications (VIP: chart) in the last one year traded as high as $45.48 in December 2007 and as low as $21.48 in August 2007. Based on the yesterday’s closing price the company has a market cap of $24.72 billion.

Williams-Sonoma, Inc, seller of high-end kitchenware reported second quarter revenues fell 5% to $819.6 million from $859.4 million a year ago. Net income in the quarter fell 29% to $18.4 million or 17 cents per diluted share compared to net income of $26 million or 23 cents per share, a year ago.

Comparable same-store sales fell 11.7%.

Williams-Sonoma, Inc (WSM: chart) in the last one year traded as high as $34.81 in September 2007 and as low as $16.26 in August 2008. Based on the yesterday’s closing price the company has a market cap of $1.77 billion.