UPDATE: Ann Posts Rise In Q3 Profit

Ann (NYSE: ANN ) reported a rise in its fiscal third-quarter profit. Ann's quarterly profit surged to $41.2 million, or $0.89 per share, versus a year-ago profit of $40.7 million, or $0.84 per share, in the year-ago period. Its sales climbed 7% to $657.5 million. However, analysts were expecting