Business Stories from August 3, 2011 (Change date)
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Legacy Companies acquires Addison's Blakeslee Co.Aug 04, 2011 3:38 pm - The Legacy Companies, Fort Lauderdale, Florida, a leading manufacturer and exporter of commercial foodservice equipment, retail appliances and kitchen utensils, has acqu...
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Southwest posts 2Q profit of $161 millionAug 05, 2011 1:15 am - DALLAS — Southwest Airlines is making more money than it did a year ago because of higher fares and the acquisition of AirTran Airways. But fuel costs are up 64 percent ...
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Oil down near $91 amid grim U.S., EU economy outlookAug 04, 2011 7:17 am - Oil prices fell to near $91 a barrel Thursday as investors continued to fret over the global economic recovery. By early afternoon in Europe, benchmark oil for September...
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T-Mobile U.S.A loses subscribers in second quarterAug 05, 2011 1:15 am - NEW YORK — T-Mobile U.S.A continued to lose wireless customers in the second quarter, but did a better job of keeping them than in the first three months of the year, wh...
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Kraft Foods plans to split into 2 companiesAug 05, 2011 8:04 am - Northfield-based Kraft Foods Inc. said Thursday that it plans to split into two publicly traded companies, with one concentrating on its snack business like Oreo cookies...
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Giordano's settles royalty dispute with franchisesAug 05, 2011 7:51 am - The trustee for Giordano's Enterprises Inc., the owner of Chicago's World Famous Stuffed Pizza, announced that he quickly settled most disputes with franchisees who were...
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Stocks plunge as economic, Europe worries continueAug 05, 2011 11:52 am - NEW YORK — Stocks are plunging in another broad sell-off as investors grow concerned about an economic slowdown in the U.S. and Europe. The Dow Jones industrial average ...
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CBOE earning exceed estimates as free climb, expenses fallAug 05, 2011 8:06 am - CBOE Holdings Inc., the U.S. options market that went public a year ago, reported second-quarter earnings that beat the average analyst projection as higher access fees ...
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Turkey salmonella links spurs second biggest recallAug 05, 2011 3:43 pm - Cargill Inc. initiated the second- biggest U.S. meat recall, pulling almost 36 million pounds (16,300 metric tons) of ground turkey after a salmonella outbreak linked to...
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CVS Caremark 2Q profit slips 1 percentAug 05, 2011 8:04 am - NEW YORK — CVS Caremark said Thursday its profit slipped 1 percent in the second quarter as its pharmacy benefits management business weathered lower prices on contract ...
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