Stocks Edge Higher to Eke Out Weekly Gains

Stocks closed slightly higher Friday after fluctuating most of the session as some better-than-expected quarterly earnings helped offset anxiety over China’s move to curb inflation.
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Ann Taylor Earnings Surge as Sales Rise

Women’s clothing retailer Ann Taylor Stores (ANN) said Friday that its third-quarter profit surged, handily beating analyst estimates, as sales grew by 9%, margins remained high.

“We are extremely pleased with the Company’s excellent performance for …

Heinz Reports Earnings of 78 Cents Per Share

Heinz Co. (HNZ) reported earnings per share from continuing operations of 78 cents for the quarter ended Oct. 27, compared with 76 cents per share a year earlier.

Sales for the second quarter of fiscal 2011 fell 1.2% to $2.61 billion, the company sai…