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MARKET MOVERS

Athletic retailer scores a 6-month high

November 16, 2011

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Dick’s Sporting Goods Inc. (DKS US) jumped 4.6 percent to $41.41, the highest price since May 13. The largest publicly traded U.S. athletic store reported third-quarter earnings excluding some items of 32 cents a share, beating the average analyst estimate by 21 percent, and boosted its full year out earnings forecast to at least $2.01 a share from at most $1.96. The Coraopolis, Pennsylvania-based company declared its first annual dividend at 50 cents a share..

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