By  on March 27, 2014

Shares of Signet Jewelers Ltd. rose 5.6 percent in morning trading Thursday as the operator of the Kay and Jared chains exceeded fourth-quarter earnings expectations and raised its quarterly dividend.

The company reiterated its projection that its acquisition of Zale Corp. for $1.4 billion in cash, subject to Zale shareholder approval and other conditions, would be concluded by the end of the calendar year.

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