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By Angela Moon NEW YORK (Reuters) - U.S. stocks ended little changed on Thursday in a choppy session ahead of Friday's payrolls report, which may provide insights into whether the Federal Reserve will announce another cut in quantitative easing at its meeting this month. The S&P retail sector index slipped 0.2 percent after a number of retailers, including Bed Bath & Beyond and Family Dollar , slashed their earnings forecasts. The... Read more... Read more... Read more... Read more...
By Phil Wahba NEW YORK (Reuters) - Many large U.S. retailers slashed their earnings forecasts on Thursday because of steep discounts they offered during the holidays to persuade reluctant consumers. The discounts boosted overall industry sales but hurt profits at many chains, including L Brands Inc , Family Dollar Stores Inc and teen retailer Zumiez Inc . Even retailers that reported big sales gains, like Kay Jewelers parent Signet Jewelers Ltd... Read more...
PARIS (AP) — French President Francois Hollande threatened legal action Friday over a magazine report saying he is having a secret affair with an actress, the latest breach in the French media's practice of turning a blind eye to presidential love affairs.... Read more...