Business Stories from February 15, 2012 (Change date)
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Israel to buy Italian military jetsFeb 15, 2012 11:00 pm - JERUSALEM — Israeli defense officials say they have decided to buy several Italian military training jets in a deal valued at $1 billion. The deal marks the end of a lon...
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Aussie airline goes under; thousands strandedFeb 15, 2012 11:00 pm - SYDNEY — Thousands of travelers from Hawaii to Thailand were stranded Friday after budget airline Air Australia ran out of money and went into voluntary administration, ...
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Mortgage delinquencies decline as U.S. job marketFeb 15, 2012 11:00 pm - The share of U.S. mortgages at least one month late declined in the fourth quarter to the lowest level since 2008 as a better job market helped borrowers pay their bills...
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Twitter unveils self-service advertising systemFeb 15, 2012 11:00 pm - SAN FRANCISCO — Buying ads on Twitter is about to get easier for small businesses as the online messaging service adds a key piece to its moneymaking model. Twitter is u...
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Foreclosure activity edges higher in JanuaryFeb 15, 2012 11:00 pm - Banks took back more U.S. homes in January than in the previous month, the latest sign that foreclosures are accelerating after slowing sharply last year while lenders s...
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Kraft Foods exec to leave for job with Philip MorrisFeb 15, 2012 11:00 pm - Northfield-based Kraft Foods said Marc S. Firestone, executive vice president, corporate and legal affairs, and general counsel, will leave the company in April to rejoi...
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China’s stocks drop on investment slumpFeb 15, 2012 11:00 pm - China’s stocks fell from a two-month high as a slump in foreign direct investment and delays in a European aid package for Greece overshadowed speculation the government...
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Nestle forecasts 2012 earnings gain as sales beat estimatesFeb 15, 2012 11:00 pm - Nestle SA, the world's biggest food company, reported 2011 sales growth that beat analysts' estimates and forecast higher 2012 earnings as it introduces products such as...
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Dow within 100 of 13,000 as stocks barrel higherFeb 15, 2012 11:00 pm - NEW YORK — Investors sent U.S. stocks barreling to their highest levels of the year Thursday, buoyed by slivers of encouraging news about jobs and housing. At least for ...
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Sears calls 100 layoffs 'necessary'Feb 15, 2012 11:00 pm - Struggling Sears Holdings Corp. said Thursday it has laid off about 100 workers at its Hoffman Estates headquarters, noting that the action doesn't affect special legisl...