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China Daily | Updated: 2009-03-05 07:55

Adidas jumps

Adidas AG, the world's second-largest sporting-goods maker, gained as much as 7.1 percent in Frankfurt trading after fourth-quarter profit beat estimates.

Net income rose to 54 million euros, or 27 cents a share, from 21 million euros, or 11 cents, a year earlier, the German company said yesterday, beating the 47 million-euro median estimate of five analysts surveyed by Bloomberg.

IN BRIEF (Page 17)

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