LOS ANGELES (Reuters) - Upscale department store chain Nordstrom Inc. (JWN.N) reported higher quarterly net earnings on Monday, helped by a gain from the sale of its Faconnable business and an extra week compared with the same period last year.
The Seattle retailer said earnings came to $165.7 million, or 68 cents a share, for the quarter ended November 3, compared with $135.7 million, or 52 cents a share, a year earlier.
(Reporting by Nichola Groom)
BANGALORE (Reuters) - Investors' optimism surrounding the shares of airport security systems makers could be premature as interest in the companies' products after the Christmas Day plane scare is not expected to translate into immediate orders.
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