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US stocks rose on renewed strength in the tech sector, but the market may be jittery Tuesday after Sun Microsystems' earnings warning after-hours. Man Group Hedge fund manager said it would see net fee income in the six months to the end of September 2003 up 50 percent thanks to a big rise in funds under management. They were up over $5.0 billion to above $30 billion, the firm said in a trading statement. However the firm said net performance fee income would be slightly lower than in 2002. Manchester United reported a 22 percent rise in annual profits boosted by its many sponsorship deals and the hosting of the European Champions League final. The club subject of persistant takeover speculation, reported profits for the year of 39.3 million pounds compared to forecasts of around 43 million pounds 3i Group Britain's biggest private equity firm said that it made investments at a lower level than last year. The company's cash inflow from investments sales was 409 million pounds in the five months ended Aug 31 ahead of its first-half results The market for mergers and acquisitions and new issues of shares is subdued, the company Is this a warning ???? Clinton Cards said like-for-like sales rose 3.9 percent in the seven weeks to September 21 as it posted a big rise in first-half profit. Profit rose 24 percent to 2.2 million pounds in the six months to August 3, on turnover up 9.4 percent to 168.1 million pounds. The interim dividend was raised 11.8 percent to 1.8 pence. Laura Ashley reported five percent growth in first half like-for-like sales in its home market and said its group sales had grown 1.3 percent in the eight weeks ended September 20.The group recorded a pre-tax loss of one million pounds for the 26 weeks ended July 26
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