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Garda World Security Corp.

09:59 AM EST - Garda World Security Corp. : has reported a 75 percent year-over-year increase in third-quarter sales to $315.3 million, powered by acquisitions, but net income declined 35 percent to $4.1 million. The 50,000-employee international security-guard provider and armoured-truck operator said it booked an 86 percent rise in earnings before interest, taxes, depreciation and amortization to $29.9 million, as gross margin increased to 22.1 percent of sales from 19.8 percent. Garda World Security Corp. shares T.GW are trading up 70 cents at $14.60.