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Earnings Analysis: 
Federated Posts Third-Quarter Loss
Author: 123jump.com Staff
123jump.com
Last Update: 11:00 AM EST November 09 2006



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Avatar Holdings increased its quarterly profit on higher revenue. Federated Department Stores lost $3 million in the third quarter due to costs related to company’s acquisition of May Department Stores. DirecTV Group third-quarter profit nearly quadrupled on higher revenue and a lower rate of customer defection.

 

 

 

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