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Retail shares were up across segments on Wednesday as the Commerce Department reported an increase in durable goods orders for the second straight month.
The S&P Retail Index jumped 1% to 311.35 in afternoon trading -- and amid the good news there were some surprising winners.
Abercrombie & Fitch(ANF Quote): Yes, today and probably only today, Abercrombie & Fitch is considered a winner. The struggling teen-apparel retailer saw a European firm actually boost its stake despite dismal fundamentals in recent months, Barron's reported. ...
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