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The Canadian dollar weakened slightly to around 1.42 per US dollar in September, its lowest level in about 12 weeks, as stalled domestic growth and US dollar strength kept the loonie under pressure. Advance estimates showed real GDP increased 0.2% in August, with gains in mining and quarrying and retail trade partly of
Culp said first-quarter bedding sales rose 13% despite one fewer selling week and difficult industry conditions. The company also said gross profit improved nearly 17% and it recognized about $7 million in tariff recoveries.