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The National Assn. of Securities Dealers Inc. named its chief operating officer, Richard Ketchum, to the additional post of president, and appointed chief financial officer Salvatore Sodano to the additional post of deputy chief operating officer, a new position.
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* Lowe’s Cos. said its fiscal fourth-quarter earnings rose 30% to $72.5 million, or 41 cents a diluted share, beating analysts’ estimates. The home improvement products retailer’s revenue rose 17% to $2.39 billion.
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