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Earnings Rise as Donna Karan Mulls Strategic Options
Donna Karan (DK Quote), which is mulling a merger proposal from LVMH Moet Hennessy (LVMHY Quote), said Tuesday its fourth-quarter earnings more than doubled from the year-ago period.
The international fashion design house earned $8.9 million, or 40 cents a share, up from $2.8 million, or 13 cents a share, in the year-ago period. One analyst polled by First Call/Thomson Financial forecast earnings of 20 cents in the quarter. ...
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