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PetSmart

Careful with the kibble. The FDA has been rounding up pet food samples nationwide to test for salmonella that pet owners could accidentally ingest through casual contact.
Americans spent $48.4 billion on their pets in 2010, and historical returns have shown that growth in pet products has proceeded at a steady pace. More than half of households have a built-in product focus group -- a pet that's probably more than eager to test the latest and greatest pet products.
The earnings spotlight falls on retailers this week, and expectations are high for many of them, including Abercrombie & Fitch and Dollar Tree, which has benefited from the recession and slow recovery.
Faced with pets' health issues during hard economic times, owners are making tough choices and cutting back on vet spending or choosing more cost-effective care.
The following is a round-up of news likely to affect stock prices today: Ciena (CIEN) shares skidded over 8% in premarket trading after reporting a first-quarter loss of 12 cents a share, bigger than the 6 cents a share loss that analysts had estimated. Revenue for the quarter also missed view....
If you have a pet, chances are you know PetSmart well enough. If not, you should at least be aware of its stock, which has outsmarted the market so far this year. Shares of the largest provider in North America of pet goods and services have skyrocketed 45% this year.
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