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Saks gains

Saks reported an unexpected third-quarter profit, its first in more than a year. Net income was $1.93 million, or 1 cent a share, in the quarter ended Oct. 31, compared with a loss $43.7 million, or 32 cents, a year earlier.

Citi stock

Citigroup gave $11.7 million in stock awards to trading chief James Forese and two top executives a month after the bailed-out bank got approval for the payouts from the Treasury Department’s special master for executive compensation. CEO Vikram Pandit didn’treceive stock awards and his salary was kept at $1, according to the filing.

Comcast move

Comcast is working with Ticketmaster and Live Nation to help the two companies salvage their music industry merger now under US antitrust scrutiny, sources said. Comcast may receive spinoffs of ticketing software and client contracts as part of the proposal, they said.

Home Depot

Home Depot posted third-quarter profit that fell 8.9 percent to $689 million, or 41 cents a share, from $756 million, or 45 cents, a year earlier.

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