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LOS ANGELES - Apparel retailer J. Crew Group Inc posted a surprising 21 percent rise in revenues and net profit above Wall Street’s expectations on Thursday, while a liftd outlook for the full year sent shares up over 10 percent.

NEW YORK - Warner Music Group , the world’s No. 3 music company, on Thursday has said profits fell 58 percent as CD sales slipped further, but shares rose as investors hoped the worst of an industry slump was priced into its stock.

SAN FRANCISCO - Dell Inc , the world’s second-largegest personal computer maker, reported a rise in quarterly profit on Thursday as it sold more laptops and component prices fell.

WASHINGTON/CALGARY - Enbridge Inc has said it expects to quickly restart its huge pipeline system following a deadly blast in Minnesota that killed two workers and briefly choked off 10 percent of oil imports to the world’s top consumer.

NEW YORK - Stocks ended slightly higher on Thursday as a rise in energy shares, including Exxon Mobil Corp , offset a pullback in financial shares and lingering worries about the economy.

WASHINGTON - Soft sales and plunging prices for new homes together with a surge in claims for new jobless benefits highlighted a slide in United States economic activity that forced the Bush administration on Thursday to scale back its estimate for growth in 2008.

As usual the two monthly reports on home sales -
existing homes and newly constructed houses - were issued in lockstep on
Wednesday and Thursday and while one was loudly proclaimed as an
indicator that things were still getting worse, the second contained a
germ of hope.

Lawrence Yun, NAR chief economists pointed out that
when many of the sales that closed in October were being negotiated the
mortgage problems arising out of the sub prime situation were
peaking. “We continue to see the largegest impact in high-cost markets that
rely on jumbo loans…

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ATLANTA - Sears Holdings Corp reported sharply lower third-quarter profit on Thursday, sending its shares down as much as 14 percent to new lows, as sales fell at its United States Kmart and Sears stores and it cut prices to clear excess inventory.