Business Stories from May 5, 2017 (Change date)
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Apple needs the iPhone 8 to succeed more than everMay 08, 2017 10:37 am - Apple faces more pressure than ever to deliver with its highly anticipated next-generation iPhone, as the company reported Tuesday that it sold fewer iPhones than analys...
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Profit down 27 percent at Buffett's firm on investment gainsMay 05, 2017 6:00 pm - OMAHA, Neb. (AP) - Warren Buffett's company reported a 27 percent drop in its first-quarter profit largely because of a big gain it booked last year in connection with t...
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Buffett cuts stake in IBM and shares slideMay 05, 2017 10:30 am - NEW YORK (AP) - Warren Buffett says he's sold about a third of the 81 million shares he holds in IBM, sending the stock down sharply in early trading. Buffett bought int...
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Grain higher, livestock lowerMay 05, 2017 9:30 am - CHICAGO (AP) - Grain futures were lower Friday in early trading on the Chicago Board of Trade. Wheat for May delivery was 2 cents higher at $4.28 a bushel; May corn was ...
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Buffett's investors facing more resolutions, like many firmsMay 05, 2017 8:30 am - OMAHA, Neb. (AP) - Before billionaire Warren Buffett takes the stage Saturday to spend hours answering at his conglomerate's annual meeting, his investors had to weigh q...
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'Guardians' sequel blasts off to $17M on opening nightMay 05, 2017 1:05 pm - LOS ANGELES (AP) - "Guardians of the Galaxy Vol. 2" has rocketed to a $17 million opening night, beating out early showings of the first film. Disney reported the sales ...
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Bank Intesa SanPaolo's earnings boosted by wealth managementMay 05, 2017 11:00 am - MILAN (AP) - Italian bank Intesa SanPaolo on Friday reported a nearly 12-percent increase in first-quarter profits as commissions hit their highest levels ever on double...
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Anthem asks Supreme Court to review blocked Cigna dealMay 06, 2017 8:43 am - INDIANAPOLIS (AP) - Health insurer Anthem is not ready to give up its $48-billlion bid for rival Cigna and now hopes to find a favorable audience in the U.S. Supreme Cou...
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Crate and Barrel names Montgomery CEOMay 08, 2017 7:49 am - NORTHBROOK - Global home furnishings retailer Crate and Barrel appointed Neela Montgomery as Chief Executive Officer. The former Executive Board Member for Multi-Channel...
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Colbert Packaging hires Lackner, Kenjarski to leadership rolesMay 05, 2017 8:22 am - Colbert Packaging Corp. in Lake Forest welcomed John Lackner and Kevin Kenjarski to the company. Lackner joined Colbert Packaging as vice president of corporate operatio...
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