Business Stories from January 30, 2014 (Change date)
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Exxon’s 4Q profit dips 16 percent to $8.35BJan 30, 2014 9:33 am - Exxon Mobil’s fourth-quarter profit fell 16 percent as the company produced slightly less oil and gas and its refining business weakened. Exxon has been criticized for f...
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Coal miner Peabody posts narrower 4Q lossJan 30, 2014 9:33 am - ST. LOUIS — Cost cutting at Peabody Energy helped trim its losses by almost 44 percent in the fourth quarter. The St. Louis coal miner on Thursday reported a loss of $56...
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Harley-Davidson 4Q earnings up 6.8 percentJan 30, 2014 1:43 pm - MILWAUKEE — Harley-Davidson’s fourth-quarter earnings rose 6.8 percent as motorcycle sales continued to rise worldwide. The Milwaukee company says global sales of new mo...
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Marlboro maker Altria 4Q profit fallsJan 30, 2014 9:38 am - RICHMOND, Va. — Altria Group Inc.’s fourth-quarter profit dropped 56 percent as the Marlboro maker sold fewer cigarettes and recorded charges related to paying off debt ...
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UPS 4Q results hurt by holiday shipping woesJan 31, 2014 7:31 am - ATLANTA — UPS earned $1.2 billion in the fourth-quarter but a last-minute surge in holiday shipments drove up costs and hurt results. United Parcel Service Co. on Thursd...
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Fewer signed contracts to buy U.S. homes in DecemberJan 30, 2014 9:16 am - WASHINGTON — Fewer Americans signed contracts to buy previously occupied homes in December, suggesting a slowdown in real estate. Pending home sales fell to the lowest p...
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Applications for jobless benefits rise to 348,000Jan 30, 2014 9:16 am - WASHINGTON — Weekly applications for U.S. unemployment benefits rose 19,000 last week to 348,000, the highest in about a month. But the broader trend in applications rem...
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Average U.S. rate on 30-year loan at 4.32 pct.Jan 31, 2014 2:22 pm - WASHINGTON — Average U.S. rates for fixed mortgages slipped this week as new data showed a decline in home prices in November and a drop in new homes sales last month. ...
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Google’s Motorola misstep could be Lenovo’s boonJan 31, 2014 4:56 am - SAN FRANCISCO — An expensive mistake by Google could turn into a golden opportunity for China’s Lenovo Group as it expands beyond its success in the personal computer in...
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Trucking experts say rules in place to prevent accidentsJan 31, 2014 8:25 am - Numerous federal regulations are in place to prevent tragedies similar to the fiery crash on I-88 in Aurora that killed a tollway worker and severely injured a state tro...