Business Stories from June 14, 2011 (Change date)
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French banks in firing line over Greek debt crisisJun 14, 2011 11:00 pm - PARIS — Tremors from Greece's debt crisis were felt in France when Moody's ratings agency said it may downgrade the three largest French banks over their potential losse...
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Putin says Russia's economy two-thirds recoveredJun 14, 2011 11:00 pm - GENEVA — Russia's economy is recovering, but remains well below the level it was at before the global financial crisis, says Prime Minister Vladimir Putin, addressing a...
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Compressco Partners raises $54M in IPOJun 14, 2011 11:00 pm - THE WOODLANDS, Texas — Compressco Partners LP has raised approximately $54 million before expenses from its initial public offering of about 2.7 million common units. T...
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Siemens to invest €150 million in DenmarkJun 14, 2011 11:00 pm - BERLIN — German industrial giant Siemens AG says it plans to invest more than €150 million ($217 million) over the next two years to expand its wind-power operations in...
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Virgin picks GE affiliate for engine orderJun 14, 2011 11:00 pm - NEW YORK — Virgin America said Wednesday an affiliate of General Electric Co. will build engines for its latest Airbus aircraft order. The low-fare carrier based in Cali...
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U.S. factory output rose in May after April declineJun 14, 2011 11:00 pm - WASHINGTON — U.S. factories rebounded in May to produce more business equipment and construction materials. The gains offset supply disruptions stemming from the Japan c...
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Corn prices rise as multiple floods cut into cropJun 14, 2011 11:00 pm - DES MOINES, Iowa — Brian Peterson admitted it's hard to watch as floodwaters envelope the bright green cornstalks now about knee-height, but he said he'll survive the l...
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Strike stalling work on N. Ind. road projectsJun 14, 2011 11:00 pm - GARY, Ind. — A strike by construction workers has halted progress on numerous road projects across northern Indiana. Three contractors groups and the union have yet to ...
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UK jobless rate steady at 7.7 percentJun 14, 2011 11:00 pm - LONDON — Official data show Britain's unemployment rate held steady at 7.7 percent in the three months ending April, matching the rate reported a month ago. The Office ...
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Owens-Illinois cuts 2Q adjusted earnings outlookJun 14, 2011 11:00 pm - PERRYSBURG, Ohio — Owens-Illinois Inc. is cutting its second-quarter earnings outlook as it faces additional manufacturing and delivery costs. Its shares tumbled $2.74,...