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Guess Q4 profit up 19%
Los Angeles -- Guess said Wednesday that its fourth-quarter net income rose 19% on a boost in sales in Europe, Asia and North America.
Guess said it earned $103.3 million, compared with profit of $86.6 million, or 93 cents per share, during the same period a year prior.
Revenue rose 18% to $756.9 million from $642 million. The results beat the expectations of analysts.
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Wal-Mart details plans for six new Chicago stores
Chicago -- Walmart has announced two additional store openings for Chicago, bringing the total number of stores it plans to open in the Windy City by 2013 to six.
The new stores will create close to 1,000 new jobs and nearly 200 construction jobs putting Walmart on the path to meeting the goals outlined in its "Chicago Community Investment Partnership."
Chicago Mayor Richard Daley said the stores will bring fresh food and groceries to some of the city's most underserved neighborhoods.