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Neiman Marcus Narrows Losses

Neiman Marcus Inc. posted a net loss of $15.9 million for the fourth quarter, compared to a net loss of $42 million last year.

Neiman Marcus Inc. posted a net loss of $15.9 million for the fourth quarter, compared to a net loss of $42 million last year.

The direct marketer and retailer reported revenue of $981.7 million for the quarter ended July 28, an increase over revenue of $897.1 million last year.

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