Business Stories from February 20, 2012 (Change date)
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Finland’s parliament to vote on Greek rescue Feb. 28Feb 20, 2012 11:00 pm - Finland’s parliament will vote on the second Greek rescue program on Feb. 28 at 2 p.m. local time, Seppo Tiitinen, the Helsinki-based legislature’s Secretary General, sa...
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U.S. Asks court to dismiss foreign bribe sting caseFeb 20, 2012 11:00 pm - The U.S. asked a court to dismiss a foreign bribery case that involved 22 defendants. Two trials in the case ended with acquittals or hung juries. To contact the reporte...
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Wal-Mart profit trails estimates as low prices hurt marginsFeb 20, 2012 11:00 pm - Wal-Mart Stores Inc., the world’s largest retailer, reported fourth-quarter profit that trailed analysts’ estimates as an emphasis on low prices hurt margins. Net income...
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Home Depot 4Q net income climbs on sales spikeFeb 20, 2012 11:00 pm - ATLANTA — Home Depot Inc.'s fiscal fourth-quarter net income rose 32 percent on tight cost controls and favorable weather as sales grew. Home-goods sellers like Home Dep...
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Chinese carmaker opens plant in BulgariaFeb 20, 2012 11:00 pm - BAHOVITSA, Bulgaria — Great Wall Motors has launched operations in Bulgaria, becoming the first Chinese automaker to assemble cars in the European Union. At a posh cerem...
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Zell lifts bid for banks' stake in Archstone to $1.5 billionFeb 20, 2012 11:00 pm - Sam Zell's Equity Residential raised its bid for a stake in Archstone held by Bank of America Corp. and Barclays Plc to almost $1.5 billion after Lehman Brothers Holding...
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Kraft 4Q net income rises on higher pricesFeb 20, 2012 11:00 pm - Northfield-based Kraft Foods Inc. said Tuesday that its fourth-quarter net income rose 54 percent as its price increases helped offset higher costs. The company, whose b...
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IBK said to meet investors in Tailand for Baht bond saleFeb 20, 2012 11:00 pm - Industrial Bank of Korea plans to meet bond investors in Thailand as soon as this week, according to a person familiar with the matter. The state-owned lender hired Stan...
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Environmentalists threaten suit over ballast ruleFeb 20, 2012 11:00 pm - TRAVERSE CITY, Mich. — Environmental groups said Tuesday they might file another lawsuit in their long-running battle with the federal government over ballast water disc...
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For boomers, it's a new era of 'work til you drop'Feb 20, 2012 11:00 pm - LOS ANGELES — When Paula Symons joined the U.S. workforce in 1972, typewriters in her office clacked nonstop, people answered the telephones and the hot new technology r...
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