Earnings Roundup: H&M, Noven Pharma

By Associated Press March 27, 2008 Comments (0)

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Among the earnings stories for Thursday, March 27, from AP Financial News:

STOCKHOLM, Sweden (AP) _ Swedish fashion retailer Hennes & Mauritz AB on Thursday posted a 28 percent rise in first-quarter profits from strong online sales, new stores, and a beneficial exchange rate.

MIAMI (AP) _ Drug delivery and specialty drug company Noven Pharmaceuticals Inc. said Thursday its fourth-quarter profit plunged on higher costs and personnel charges.

DALLAS (AP) _ Cement company Texas Industries Inc. said Thursday its third-quarter profit rose 15 percent, helped by improved shipments.

FOOTHILL RANCH, Calif. (AP) _ Women's apparel retailer Wet Seal Inc. said Thursday it swung to a fiscal fourth-quarter profit as the prior-year period was weighed down by a large interest expense.

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