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Home Shopping Network Inc.: The company reported...

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From Times Staff and Wire Reports

Home Shopping Network Inc.: The company reported record sales for the third quarter of $246.5 million, up 37.9% from the same period in 1989, and profit of $4 million, contrasted with a loss of $5.9 million the year before. The St. Petersburg, Fla., firm credited strong growth in electronic retailing and the company’s position as the industry leader.

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