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Foschini forecasts higher earnings

Apr 25 2012 11:29 Reuters

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Johannesburg - Shares of South Africa’s second-biggest clothing retailer Foschini [JSE:FOS] rose over 2% after the group said it expects full-year earnings to rise between 20 and 23%.
 
In morning trade, its shares were 1.92% higher at R127.31 after earlier adding over 2% on the news.
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