Business Stories from April 16, 2013 (Change date)
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J&J Q1 profit falls 10 pct despite higher salesApr 16, 2013 4:19 pm - Johnson & Johnson’s first-quarter profit fell by just over 10 percent as increased sales were offset by higher costs for production, marketing and administration, plus c...
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Coca-Cola profit tops estimates as Latin America sales increaseApr 16, 2013 2:58 pm - Coca-Cola Co. reported first- quarter profit that topped analysts’ estimates as Latin American sales volume rose. The company also announced a deal to sell some bottling...
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Citigroup execs sound a cautious noteApr 16, 2013 2:58 pm - NEW YORK — Citigroup isn’t convinced the economy is back. The bank’s executives were more cautious than celebratory Monday, even after announcing strong first-quarter r...
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Northern Trust profit increases 1.7% As stock gains boost assetsApr 16, 2013 2:58 pm - Northern Trust Corp., the third- biggest independent U.S. custody bank, said first-quarter profit rose 1.7 percent as stock-market gains boosted the value of assets the ...
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U.S. consumer prices drop 0.2 pct on cheaper gasApr 16, 2013 5:34 pm - WASHINGTON — U.S. consumer prices declined last month as the cost of gas fell sharply and food prices were unchanged. The tame reading is the latest evidence that the sl...
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Factory production in U.S. unexpectedly decreased in MarchApr 16, 2013 5:28 pm - Factory production in the U.S. unexpectedly dropped in March, adding to recent signs that manufacturing is cooling. Output at factories fell 0.1 percent, figures from th...
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Advocate named among nation’s top health systemsApr 17, 2013 6:47 am - Marketwired For a 5th time, Oak Brook-based Advocate Health Care is being recognized as one of the nation’s premier health systems by Truven Health Analytics. Advocate i...
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Stock market rebounds from worst day of the yearApr 17, 2013 12:30 pm - NEW YORK — Strong housing and earnings reports helped stocks rebound from their worst day of the year. The Dow Jones industrial average rose 157.58 points, or 1.1 percen...
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Hospira names operations executiveApr 16, 2013 10:23 am - PRNewswire Lake Forest-based Hospira Inc. has named Matthew R. (Matt) Stober senior vice president, Operations. In addition to expanding his current U.S. responsibilitie...
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UOP technology to be used on liquid natural gas projectApr 16, 2013 10:23 am - Des Plaines-baed UOP LLC, a Honeywell company, has been selected by Malaysia’s Petroliam Nasional Berhad to provide technology for acid gas removal on the world’s first ...