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A.G. Edwards announces second-quarter earnings

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A.G. Edwards Inc. on Sept. 22 announced increased net earnings for the second quarter and first half of fiscal year 2006.

Net earnings for the quarter were $50 million, or 64 cents per diluted share, on net revenues of $673 million. Earnings for the same quarter last year were $41 million, or 52 cents per diluted share.

Net earnings for the first six months of fiscal year 2006 were $104 million, or $1.35 per diluted share, on net revenues of $1.33 billion, compared to the same period last year when net earnings were $87 million, or $1.09 per diluted share.

The St. Louis-based financial services holding company is a subsidiary of national investment firm A.G. Edwards & Sons Inc., which provides investment advice and long-term financial strategies.

The company has locations in Springfield, Branson and Lebanon among its 721 offices nationwide.

Shares of A.G. Edwards (NYSE: AGE) closed Sept. 23 at $43.77.

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