Business Stories from July 12, 2011 (Change date)
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Kraft Europe executive resignsJul 12, 2011 11:00 pm - Michael A. Clarke, Executive Vice President of Kraft Foods and President, Kraft Foods Europe, is leaving the company in mid-August to take a senior executive position wi...
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Walgreen Co. announces record dividendsJul 12, 2011 11:00 pm - Deerfield-based Walgreen Co. announced its quarterly dividend increased 28.6 percent, the largest quarterly dividend increase in the company's 110-year history. The nat...
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Motorola Solutions CEO makes returning cash to owners a priorityJul 12, 2011 11:00 pm - Motorola Solutions Inc., the maker of bar-code scanners, plans to make returning cash to investors a priority after selling its networks unit and shoring up its balance...
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Stock rally fades as hopes dim for more stimulusJul 12, 2011 11:00 pm - NEW YORK — Comments from Fed Chairman Ben Bernanke set off a stock market rally early Wednesday, but it wasn't long before another Fed official cut it short. In testimon...
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Survey: Most pharmaceutical execs foresee more M&AJul 12, 2011 11:00 pm - A survey of top executives of U.S. drugmakers indicates mergers and acquisitions should pick up in the next couple of years, as companies aim to offset rising generic co...
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GOP scraps hearing on financial inquiry panelJul 12, 2011 11:00 pm - WASHINGTON — A Republican-led House committee has postponed a hearing into GOP allegations of mismanagement on a commission that investigated causes of the financial cri...
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Oil up as supplies drop, Bernanke talks stimulusJul 12, 2011 11:00 pm - Oil climbed above $98 per barrel Wednesday after the government said U.S. supplies fell more than expected last week. Benchmark West Texas Intermediate crude for August ...
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Honda Civic still a strong contenderJul 12, 2011 11:00 pm - The new, ninth-generation Honda Civic sedan isn't the sexiest small car. But it's surprisingly roomy for a compact, has a quieter interior and a more compliant ride than...
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Chrysler recalls 242,000 Ram pickup trucksJul 12, 2011 11:00 pm - Chrysler is recalling nearly 250,000 Ram pickups because a bad part in the steering system can cause drivers to lose control of the truck. The Ram is Chrysler's top-sell...
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Gov't agency vote to lower lead in toysJul 12, 2011 11:00 pm - WASHINGTON — The amount of lead allowed in toys and other children's products will soon be reduced to one of the lowest limits in the world. In a 3-2 vote, the Consumer ...
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