Market Movers
Shares of the Payless ShoeSource parent slid after second-quarter profit and revenue missed Wall Street expectations. The maker of Stride Rite, Keds, and Saucony brand shoes reported net of 32 cents per share on revenue of $841.3 million, falling short of the 45 cents and $862.8 million predicted. Sales in US Payless stores fell 7 percent to $508 million, reflecting ... (Full article: 68 words)
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