Business Stories from November 7, 2013 (Change date)
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Most booster seats do well in new safety rankingsNov 08, 2013 6:14 am - DETROIT — More than half of child booster seats that went on sale this year earned a top rating from the Insurance Institute for Highway Safety. The institute, which is ...
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Fannie Mae posts 7th straight profit in 3QNov 07, 2013 6:45 am - Mortgage giant Fannie Mae earned $8.7 billion in the July through September period, its seventh straight profitable quarter. The government-controlled company will have ...
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Costco Oct. key revenue metric beats Street’s viewNov 07, 2013 6:55 am - ISSAQUAH, Wash. — Costco’s sales at stores open at least a year rose 3 percent in October, beating Wall Street’s expectations. Analysts surveyed by Thomson Reuters predi...
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Chick-fil-A set to open in Vernon HillsNov 08, 2013 3:57 pm - Chick-fil-A restaurant is set to open Nov. 14 in Vernon Hills. The new eatery is expected to bring nearly 80 new jobs and the chance for 100 adults to win free Chick...
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Siemens to buy back $5.4 billion in stockNov 07, 2013 9:50 am - BERLIN — German industrial conglomerate Siemens said Thursday its profit dropped in the fourth quarter, but its shares rose after it announced it would buy back $5.4 bil...
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Wendy’s adjusted 3Q net income beats StreetNov 07, 2013 7:02 am - Wendy’s says its third-quarter loss narrowed as more customers snapped up offerings at its restaurants including its new Pretzel Bacon Cheeseburger. Results beat expecta...
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U.S. economic growth likely slowed in third quarterNov 07, 2013 6:50 am - U.S. economic growth is likely languishing in the second half of 2013, held back by federal policies and a slowdown in hiring that has kept consumers from stepping up sp...
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European Central Bank surprises markets with rate cutNov 07, 2013 6:43 am - FRANKFURT, Germany — The European Central Bank has startled investors with a surprise cut in its benchmark interest rate. The bank lowered the benchmark refinancing rate...
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Dazzling Twitter debut sends stock soaring 73 pctNov 08, 2013 8:42 am - NEW YORK — Shares of Twitter went on sale to the public for the first time Thursday, instantly leaping more than 70 percent above their offering price in a dazzling debu...
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State panel raises Illinois revenue forecast $369 millionNov 07, 2013 11:52 am - SPRINGFIELD — Illinois is on track to bring in an extra $369 million in revenue for the current fiscal year, according to the General Assembly’s budget forecasters. The ...