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May Department Stores Matches Fourth-Quarter Estimates

 

May Department Stores(MAY Quote) reported fourth-quarter earnings today that met analysts' slightly raised estimates.

For the fourth quarter ended Dec. 31, May earned $518 million, or $1.59 a share, up from $513 million, or $1.45 a share, in the same period a year ago. According to First Call/Thomson Financial, 19 analysts expected the company, which is based in St. Louis, to earn $1.59. ...

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