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VF Corp’s Earnings Fit Well; Shares Rise

Clothing maker VF Corporation (VFC) jumped 7.5% on Thursday after reporting a better-than-expected second quarter and raising its full-year forecast. For the quarter ended June 30, VF Corporation reported earnings-per-share of $1.11, beating analysts’ expectations of 94 cents a share, and raised guidance to $9.50 from $9.45 per share for fiscal 2012. The company, which [...]
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