Business Stories from July 12, 2011 (Change date)
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Murdoch drops bid for Britain's largest TV groupJul 12, 2011 11:00 pm - 13 Jul 2011 08:31 Rupert Murdoch's News Corp. dropped a bid to gain full control of British Sky Broadcasting Group Plc after U.K. lawmakers demanded the offer be scrappe...
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AAR announces cash dividendJul 12, 2011 11:00 pm - Wood Dale-based AAR Corp. announced Tueday that its Board of Directors at its regularly scheduled meeting declared a quarterly cash dividend of $0.075 per share to its s...
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Minnesota's shutdown causing problems for Chicao-based MillerCoorsJul 12, 2011 11:00 pm - MINNEAPOLIS — Minnesota's state government shutdown is causing a big problem for Chicago-based brewing giant MillerCoors. The state told MillerCoors it must pull its bee...
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Stocks jump as Bernanke details possible stimulusJul 12, 2011 11:00 pm - NEW YORK — With a few unexpected words, Ben Bernanke caused stocks to jump. Stock indexes rose sharply Wednesday as the Federal Reserve chairman spelled out ways the cen...
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Capital One 2Q profit up, plans $2B stock offeringJul 12, 2011 11:00 pm - MCLEAN, Va. — Capital One Financial Corp. said Wednesday that its second-quarter profit climbed 50 percent as it made more money from deposits, loans and fees. The finan...
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5 tips for staying under your own debt ceilingJul 12, 2011 11:00 pm - CHICAGO — It seems like common sense: Don't take on more debt to pay off your bills. Yet debt-laden consumers routinely do just that, even as they criticize the federal ...
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Earnings Preview: Mattel 2nd-quarter resultsJul 12, 2011 11:00 pm - NEW YORK — Mattel Inc., maker of Barbie and Hot Wheels toys, reports second-quarter results before the market opens on Friday. WHAT TO WATCH FOR: How sales of "Cars 2" a...
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Bernanke: Fed would supply more stimulus if neededJul 12, 2011 11:00 pm - WASHINGTON — Federal Reserve Chairman Ben Bernanke told lawmakers Wednesday the Fed is ready to act if the economy gets weaker. He warned them that allowing the nation t...
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WH discourages GOP balanced budget amendment ideaJul 12, 2011 11:00 pm - WASHINGTON — The White House sees no need for a balanced budget amendment, an idea many Republicans are pushing as a way to force the government to balance its books. Sp...
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Treasury prices edge down after auctionJul 12, 2011 11:00 pm - NEW YORK — Treasury bond prices are little changed, keeping interest rates near their lowest levels of the year. Traders kept up their purchases of bonds after an auctio...