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October 29, 2008

Jones Net Falls 93 Percent; Revenues Drop 6 Percent

financial/news
The dramatic pullback in spending by consumers reduced Jones Apparel Group Inc.’s third-quarter earnings to a fraction of what they were a year ago, but still a hair above Wall Street’s expectations.

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Jones Net Falls 93 Percent; Revenues Drop 6 Percent -
The dramatic pullback in spending by consumers reduced Jones Apparel Group Inc.’s third-quarter earnings to a fraction of what they were a year ago, but still a hair above Wall Street’s expectations.

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