Business Stories from February 25, 2009 (Change date)
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Weak health care stocks drag market lowerFeb 25, 2009 10:00 pm - NEW YORK -- This time, health care stocks bore the brunt of investors' wrath. Health insurers and drug companies, some of the better performers on Wall Street lately, le...
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IBM reaffirms strong 2009 outlookFeb 25, 2009 10:00 pm - SAN FRANCISCO -- IBM Corp. is standing by its surprisingly strong 2009 guidance, backing a $9.20-per-share profit forecast on momentum in emerging markets and services a...
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Vonage reports lower customer count in 4QFeb 25, 2009 10:00 pm - HOLMDEL, N.J. -- Vonage Holdings Corp. reported a net customer loss for the fourth quarter Thursday, a first for the Internet telephone pioneer. The company said its los...
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Many filing earlier hoping for faster refundsFeb 25, 2009 10:00 pm - Anxious to get hard-earned money back in their pockets, Americans are filing their tax returns earlier than ever. The National Retail Federation reported that of those e...
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Suburban home prices fall in '08Feb 25, 2009 10:00 pm - Any question about a housing bubble bursting in the suburbs was answered in 2008. Home prices dropped in most suburbs last year after they peaked in 2007, and the number...
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4Q profit climbs for Dominick's parent Safeway on cost control effortsFeb 25, 2009 10:00 pm - PORTLAND, Ore. -- Safeway Inc. said Thursday that cost-cutting and an extra week in the quarter helped its profit grow 12 percent in the fourth quarter, but the results ...
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Firm buys plant where workers staged sit-inFeb 25, 2009 10:00 pm - The Chicago factory where laid-off workers staged a highly publicized sit-in that garnered national attention last year has been sold to a California company that hopes ...
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Hartford Courant cuts 100 more jobs amid ad slumpFeb 25, 2009 10:00 pm - HARTFORD, Conn. -- The Hartford Courant, struggling with an industrywide decline in advertising, said Wednesday it will eliminate 100 jobs this week, primarily through l...
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McDonald's ends test run with Pepsi, sticks with CokeFeb 25, 2009 10:00 pm - McDonald's Corp. stopped selling PepsiCo Inc.'s bottled Mountain Dew and Gatorade, ending a test that challenged Coca-Cola Co., the exclusive fountain-drink provider to ...
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Ritz Camera gets financingFeb 25, 2009 10:00 pm - BELTSVILLE, Md. - Ritz Camera Centers Inc., the largest camera-store chain in the U.S., won court approval for $85 million in financing from its existing secured lenders...