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Abercrombie and Fitch trades higher after new stores open in

Financial News Network
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April 05, 2011 AT 7:00 PM
Abercrombie & Fitch Co. (ANF) is up just over 10% to $65.11 in mid-day trade, after easing from a 52-week high of $65.24 on plans to open stores in China. According to Bloomberg, the company also said it expects to earn $4.75 a share in 2012.