Business Stories from November 1, 2011 (Change date)
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Comcast 3Q earnings up 5 percentNov 01, 2011 11:00 pm - NEW YORK — Comcast Corp., the nation's biggest cable television company, said Wednesday that its profit rose 5 percent in the third quarter as revenue climbed 51 percent...
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Fed foresees far weaker growthNov 01, 2011 11:00 pm - WASHINGTON — The Federal Reserve sketched a bleaker outlook Wednesday for the economy, which it thinks will grow much more slowly and face higher unemployment than it ha...
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Stock market opens higher after a two-day slumpNov 01, 2011 11:00 pm - NEW YORK — Stocks rose sharply in early trading, a day after renewed worries over Europe's debt crisis roiled markets around the world. Strong corporate earnings and a b...
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Stocks recover after a two-day slumpNov 01, 2011 11:00 pm - NEW YORK — Stock indexes closed with broad gains Wednesday as international leaders scramble to save a week-old plan to prevent a financial crisis in Europe. Strong corp...
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Yahoo to buy Interclick for $270 millionNov 01, 2011 12:00 am - NEW YORK — Internet company Yahoo Inc. has agreed to buy online advertising network Interclick Inc. for $270 million in cash. The deal announced Tuesday is expected to h...
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Ex-Crystal Lake man charged in $34 million Ponzi schemeNov 01, 2011 12:00 am - A former Crystal Lake man has been charged as a new defendant in a pending Ponzi scheme case that caused losses of about $34 million, authorities said. Alfred Gerebizza,...
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Top lawmakers, Quinn meet to talk jobsNov 01, 2011 12:00 am - Top lawmakers and Gov. Pat Quinn are talking about a jobs package to revive the economy. Quinn met Tuesday in Chicago with the state’s four top legislative officials. Th...
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News Corp. Hackers said to target adviser to Tony Blair’s wifeNov 01, 2011 12:00 am - A “lifestyle adviser” to the wife of former U.K. Prime Minister Tony Blair said she was told by London police that her mobile phone was hacked by News Corp.’s News of th...
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Kuwait projects tumbles most since 2009 before earnings releaseNov 01, 2011 12:00 am - Kuwait Projects Co., the country’s biggest privately owned investment firm, slumped the most in more than two years before the bourse said the company posted a 73 percen...
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Treasury bets on rate cuts to trim floating debt: Brazil creditNov 01, 2011 12:00 am - Brazil is planning to redeem bonds tied to the country’s benchmark interest rate at the fastest pace in seven years as the central bank’s decision to lower borrowing cos...