Business Stories from May 4, 2012 (Change date)
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Drew Peterson due in court for 1st time in 2 yearsMay 04, 2012 7:18 am - JOLIET— Drew Peterson is due to return to court for the first time in nearly two years. A status hearing is scheduled for Friday in Will County in the former Boling...
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Exelon first-quarter profit falls on warmer-than-normal weatherMay 05, 2012 8:04 am - Bloomberg News Exelon Corp., the largest U.S. power company, said first-quarter profit fell as warmer-than-normal weather reduced demand for electricity. Net income drop...
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Oil trades near two-week low on U.S., Europe economic concernMay 04, 2012 8:08 am - Oil traded near a two-week low in New York, heading for a weekly decline, as worse-than-forecast U.S. economic data and concern that Europe’s outlook is faltering booste...
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Kraft profit tops estimates on emerging-markets sales gainMay 05, 2012 8:04 am - Kraft Foods Inc., the foodmaker splitting in two this year, reported first-quarter profit rose 1.8 percent, topping analysts’ estimates, as sales gained in developing ma...
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Wal-Mart directors sued by pension fund over Mexican bribesMay 04, 2012 6:53 am - Wal-Mart Stores Inc.’s board was sued by a California pension fund over its mishandling of allegations that the world’s largest retailer bribed Mexican officials to help...
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Allstate advances after largest profit since 2007May 05, 2012 8:04 am - Allstate Corp., the biggest publicly traded U.S. home and auto insurer, gained the most since October after posting its largest profit since 2007. Allstate jumped 5.8 pe...
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