Author: Ivaylo Dagnev
123jump.com
Last Update: 9:37 AM EST March 01 2006


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Saks Inc, retailer, reported a Q4 net loss of 2 cents a share, compared to net income of 71 cents a share in the year-earlier period. The company also okayed a special cash dividend of $4 a share, immediately following the expected closing on March 13 of the sale of its Northern Department Store Group.