Business Stories from October 24, 2011 (Change date)
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Kimberly-clark third-quarter profit falls 7.9% On lower demandOct 25, 2011 7:28 am - Kimberly-Clark Corp., the maker of Scott toilet paper and Huggies diapers, said third-quarter earnings fell 7.9 percent amid lower demand in North America and Europe. Ne...
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Sprint nextel challenges at&t bid to obtain court documentsOct 25, 2011 7:28 am - Sprint Nextel Corp. challenged AT&T Corp.’s bid to obtain documents in a U.S. government antitrust case against the wireless provider’s proposed $39 billion purchase of ...
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The McRib makes a McComebackOct 25, 2011 3:25 pm - NEW YORK — The McRib, the elusive sandwich that has inspired a cult-like following, is back. McDonald’s Corp. announced Monday that the boneless barbecue pork sandwich, ...
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Stocks reach highest level since AugustOct 25, 2011 10:38 am - NEW YORK — Stock indexes closed at the highest point since the U.S. debt limit showdown in August Monday. The market was driven higher by a round of big corporate takeov...
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Sears Holdings to offer free holiday shipping on online sitesOct 25, 2011 7:28 am - PRNewswire HOFFMAN ESTATES — Sears Holdings said it will offer free shipping and free same-day store pick up on items purchased on its online sites during the holiday se...
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Insurer Cigna to buy HealthSpring for $3.8BOct 25, 2011 7:28 am - BLOOMFIELD, Conn. — Managed-care company Cigna Corp. said Monday it buy fellow health insurer HealthSpring Inc. in a $3.8 billion deal that would boost Cigna’s Medicare ...
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Caterpillar 3Q profit soars, raises year viewOct 24, 2011 2:11 pm - NEW YORK — Caterpillar Inc. is raising its outlook for the full year as it reports a 44 percent jump in third-quarter profit, driven by surging exports of its machinery....
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Brazil economists cut 2011 and 2012 inflation forecastsOct 25, 2011 7:28 am - Economists covering Brazil cut their 2012 inflation forecast for the first time in eight weeks, cementing expectations that the central bank will continue to cut interes...
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Gogo, Ford team up for airline passenger programsOct 25, 2011 7:28 am - ITASCA — Gogo and Ford have teamed up to give passengers free access to Ford’s new interactive Mustang Customizer. This is the first time travelers will be able to acce...
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India’s Bond Yields Hold at Three-Year High on Rate Speculation c.2011 Bloomberg NewsOct 25, 2011 7:28 am - Oct. 24 (Bloomberg) -- India’s 10-year bond yields held at a three-year high on speculation the central bank will raise interest rates tomorrow for the seventh time this...