Business Stories from October 18, 2011 (Change date)
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Gunmen kidnap oil contractor from ship off NigeriaOct 18, 2011 12:00 am - LAGOS, Nigeria — The local subsidiary of Exxon Mobil Corp. in Nigeria says gunmen have kidnapped a contract worker from a ship supplying its operations off the coast of ...
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Cincinnati financier Carl Lindner Jr. diesOct 18, 2011 12:00 am - Cincinnati financier Carl Lindner Jr., who used his experience running the family dairy store to build a business empire whose reach included baseball, banks and bananas...
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Wholesale prices in U.S. increase 0.8%; more than forecastOct 18, 2011 12:00 am - Wholesale prices in the U.S. rose more than forecast in September, boosted by gasoline, food and trucks, indicating inflationary pressures continue to bubble up the prod...
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Johnson & Johnson 3Q profit down 6 pct, sales upOct 18, 2011 12:00 am - Johnson & Johnson’s third-quarter profit fell 6 percent becuase larger overhead and production costs and a one-time charge offset higher foreign sales. The health care g...
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UK inflation hits highest rate in 3 yearsOct 18, 2011 12:00 am - LONDON — Official data show that U.K. inflation has risen to 5.2 percent, a bigger than expected increase driven by rising costs for electricity and gas and the highest ...
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Peltz target State Street says third-quarter profit rose 11%Oct 18, 2011 12:00 am - State Street Corp., the custody bank under pressure from activist investor Nelson Peltz to increase profitability, said third-quarter profit rose 11 percent, helped by c...
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India says inflation may be 'under pressure' until DecemberOct 18, 2011 12:00 am - India's inflation may be “under pressure” until December, the finance ministry said, reiterating the central bank's view before next week's monetary policy announcement....
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