Business Stories from December 12, 2011 (Change date)
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SEC sues insurance group over Stanford investorsDec 12, 2011 11:00 pm - WASHINGTON — The federal government has sued the organization that insures brokerage accounts to compel it to compensate many investors who lost money in the $7.2 billio...
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Confidence at U.S. small companies increases for third monthDec 12, 2011 11:00 pm - Confidence among U.S. small companies rose in November for a third month as hiring intentions climbed and companies projected sales will improve, a survey found. The Nat...
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Egypt central bank accepts record 20 billion pounds in repoDec 12, 2011 11:00 pm - The Egyptian central bank accepted 20 billion pounds in bids for seven-day repurchase agreements, or repos, a record amount since it introduced the facility this year. T...
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FDA maintains curb on accessing generic emergency contraceptiveDec 12, 2011 11:00 pm - U.S. regulators blocked unrestricted access to generic copies of an emergency contraceptive, affirming a move last week requiring girls under age 17 to have a prescripti...
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German investor sentiment risesDec 12, 2011 11:00 pm - BERLIN) — A closely-watched survey shows German investor sentiment grew in December, ending a nine-month downward trend. However, the rise was not as big as expected as ...
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Employers slightly reduce job postings in OctoberDec 12, 2011 11:00 pm - WASHINGTON — U.S. employers advertised slightly fewer jobs in October, a modest decline from a three-year high hit in the previous month. The Labor Department says comp...
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U.S. Business inventories rose 0.8% In october, sales up 0.7%Dec 12, 2011 11:00 pm - Inventories in the U.S. rose in October by the most in five months as companies moved to bring stockpiles in line with demand. The 0.8 percent gain followed little chang...
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Corpak MedSystems relocates HQ to Buffalo GroveDec 12, 2011 11:00 pm - Marketwire BUFFALO GROVE — Corpak MedSystems has relocated its corporate headquarters, product development and ISO certified manufacturing to a new 74,000 square foot fa...
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Fiat signs one-year labor deal for workers at Italian plantsDec 12, 2011 11:00 pm - Fiat SpA signed a collective labor deal with most unions representing its Italian employees, as workers agreed to increased shifts and shorter breaks in exchange for a 2...
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Best buy profit trails analysts’ estimates on promotional costsDec 12, 2011 11:00 pm - Best Buy Co., the world’s largest consumer-electronics retailer, reported third-quarter profit that trailed analysts’ estimates, hurt by Black Friday promotional costs. ...