Business Stories from August 3, 2011 (Change date)
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T-Mobile U.S.A loses subscribers in second quarterAug 03, 2011 11:00 pm - NEW YORK — T-Mobile U.S.A continued to lose wireless customers in the second quarter, but did a better job of keeping them than in the first three months of the year, wh...
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GM says 2Q profit nearly doubles on sales, pricesAug 03, 2011 11:00 pm - DETROIT — General Motors Co. says its second-quarter profit nearly doubled to $2.5 billion as it got higher prices for its cars and trucks worldwide. The company earned ...
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Kraft Foods plans to split into 2 companiesAug 03, 2011 11:00 pm - Northfield-based Kraft Foods Inc. said Thursday that it plans to split into two publicly traded companies, with one concentrating on its snack business like Oreo cookies...
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Stocks plunge as economic, Europe worries continueAug 03, 2011 11:00 pm - NEW YORK — Stocks are plunging in another broad sell-off as investors grow concerned about an economic slowdown in the U.S. and Europe. The Dow Jones industrial average ...
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CBOE earning exceed estimates as free climb, expenses fallAug 03, 2011 11:00 pm - CBOE Holdings Inc., the U.S. options market that went public a year ago, reported second-quarter earnings that beat the average analyst projection as higher access fees ...
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Turkey salmonella links spurs second biggest recallAug 03, 2011 11:00 pm - Cargill Inc. initiated the second- biggest U.S. meat recall, pulling almost 36 million pounds (16,300 metric tons) of ground turkey after a salmonella outbreak linked to...
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Career Education slides on disclosure of 'improper' practicesAug 03, 2011 11:00 pm - Schaumburg-based Career Education Corp., a for-profit college chain, slid as much as 18 percent following the close of regular trading after the company identified “impr...
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Southwest posts 2Q profit of $161 millionAug 03, 2011 11:00 pm - DALLAS — Southwest Airlines is making more money than it did a year ago because of higher fares and the acquisition of AirTran Airways. But fuel costs are up 64 percent ...
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Legacy Companies acquires Addison's Blakeslee Co.Aug 03, 2011 11:00 pm - The Legacy Companies, Fort Lauderdale, Florida, a leading manufacturer and exporter of commercial foodservice equipment, retail appliances and kitchen utensils, has acqu...
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CVS Caremark 2Q profit slips 1 percentAug 03, 2011 11:00 pm - NEW YORK — CVS Caremark said Thursday its profit slipped 1 percent in the second quarter as its pharmacy benefits management business weathered lower prices on contract ...
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