Business Stories from January 22, 2008 (Change date)
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Apple 2Q outlook spooks investors on fears about consumer spendingJan 22, 2008 10:00 pm - SAN JOSE, Calif. -- As investors pummeled Apple Inc.'s stock over a disappointing financial outlook, a key question remained about the results: just how badly will the c...
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Ambac posts large 4th-quarter lossJan 22, 2008 10:00 pm - NEW YORK -- Ambac Financial Group Inc. booked a massive loss Tuesday as mortgage-related troubles spread, but the bond insurer assured investors it remains a viable comp...
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Career Ed hit by tighter creditJan 22, 2008 10:00 pm - HOFFMAN ESTATES -- The shares of for-profit education companies, including Career Education Corp., plunged after SLM Corp., the largest U.S. loan provider, said it would...
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Aero-Tech's energy efficient light bulb looks 'normal'Jan 22, 2008 10:00 pm - As Congress considers legislation that would phase out the incandescent light bulb, a Schaumburg company is grooming what it hopes could be the traditional bulb's succes...
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Wall Street pulls off comeback from another sharp declineJan 22, 2008 10:00 pm - NEW YORK -- Wall Street pulled off a stunning comeback Wednesday, surging higher in late trading and wiping out what looked to be yet another precipitous decline. The Do...
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UAL says it's ready if merger is bestJan 22, 2008 10:00 pm - United Airlines parent UAL Corp. is in "very good position" to pair up with another carrier despite a money-losing fourth quarter, CEO Glenn Tilton said Tuesday. Tilton ...
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Motorola investors may not be sold on Razr 2Jan 22, 2008 10:00 pm - Motorola Inc.'s Greg Brown, in his first earnings report today as chief executive officer, may post disappointing sales of the Razr 2 phone after holiday shoppers flocke...
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Pessimism will pass by mid-year, economist tells local businessmenJan 22, 2008 10:00 pm - Likening the last financial year to an "unbelievable roller coaster ride," economist Robert Genetski addressed several hundred people this morning at an annual economic ...
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Sears plan pleases investorsJan 22, 2008 10:00 pm - Shares of Sears Holdings Corp., the retailer run by investor Edward Lampert, rose the most in more than a year in trading Tuesday after the company provided details abou...
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Boeing steel provider Allegheny net falls on lower stainless-steel demandJan 22, 2008 10:00 pm - Allegheny Technologies Inc., the specialty-metals company that supplies titanium to Boeing Co., said fourth-quarter profit fell 8.7 percent as demand for stainless steel...
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