Business Stories from August 8, 2011 (Change date)
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Apollo Global shares slip on 2Q net lossAug 08, 2011 11:00 pm - NEW YORK — Investment company Apollo Global Management LLC said Tuesday its net loss improved from a year ago as revenue soared from interest income and a 14 percent inc...
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US credit downgrade causes uncertainty in Ill.Aug 08, 2011 11:00 pm - SPRINGFIELD — The downgrade in the nation's credit rating has some Illinois financial officials bracing for a negative impact on the state. They say it could mean lower ...
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Waterway operators meet on Asian carpAug 08, 2011 11:00 pm - More than a dozen waterway operators met with the new U.S. Army Corps of Engineers commander in Chicago to express concern the migration of Asian carp could force a clo...
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Oil tumbles below $80 amid U.S. recession fearsAug 08, 2011 11:00 pm - PARIS — Oil prices tumbled to their lowest in almost a year Tuesday in Europe amid a global sell-off of equities and commodities triggered by investor fears the U.S. wil...
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Disney 3Q beats Street on ESPN, theme parks growthAug 08, 2011 11:00 pm - LOS ANGELES — The Walt Disney Co. said Tuesday that its net income in the latest quarter rose 11 percent as growth at ESPN, its theme parks and consumer products busines...
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Sara Lee selling unit to Ralcorp for $545MAug 08, 2011 11:00 pm - Downers Grove-based Sara Lee is selling its North American refrigerated dough business to a Ralcorp for $545 million. The Sara Lee Corp. is in the process of splitting i...
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State to begin seizing abandoned cash after 1 yearAug 08, 2011 11:00 pm - Forgotten bank accounts could be put to work for taxpayers much more quickly under a new Illinois law. The measure says the state can take control of abandoned funds aft...
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Dow rallies after Fed statement, up 429 pointsAug 08, 2011 11:00 pm - Stocks are rising at the closing of trading after the Federal Reserve said it has discussed policy moves it can make to spur the economy. The Fed also said growth has be...
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Treasury rates sink after Fed statementAug 08, 2011 11:00 pm - Long-term interest rates sank near record lows Tuesday after the Federal Reserve said economic growth is "considerably slower." The Fed also pledged to keep a lid on sho...
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Nielsen buys Marketing AnalyticsAug 08, 2011 11:00 pm - SCHAUMBURG — Nielsen Holdings N.V. said Tuesday it acquired Marketing Analytics Inc. for an undisclosed sum. Evanston, Ill.-based Marketing Analytics helps other compani...
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