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Earnings Report

Carlsberg profits rise despite stagnant sales

Danish brewer Carlsberg says its profits rose in the first six months of the year, despite a decline in consumption in the key eastern European market, particularly Russia.

Coach's forecast, quarterly sales miss estimates, shares slip

Handbag maker Coach Inc (NYSE:COH) issued a full-year sales forecast that missed analysts' estimates and reported lower-than-expected quarterly sales, as it pulls back products from department store shelves to maintain its premium brand cachet.