Business Stories from March 1, 2012 (Change date)
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Fortune ranks United as world’s most admired airlineMar 01, 2012 11:00 pm - PRnewswire CHICAGO -- Fortune magazine rated United Airlines the most admired airline on its annual airline-industry list of the World’s Most Admired Companies. In addit...
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Buffett’s insurance engine of growth to stall after 45 yearsMar 01, 2012 11:00 pm - Warren Buffett, the former hedge fund manager who built Berkshire Hathaway Inc. into a $195 billion company by gaining leverage through insurance premiums, said this tra...
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Billionaire considers bid for Pa. Sunoco refineryMar 01, 2012 11:00 pm - PHILADELPHIA — The billionaire owner of an oil refinery in western Pennsylvania said he is mulling whether to bid on Sunoco’s refinery in South Philadelphia. United Refi...
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Abbott's STARLIMS business acquires partnersMar 01, 2012 11:00 pm - STARLIMS Technologies, an Abbott Laboratories company, announced the acquisition of several longtime distribution partners as part of a series of moves to build its labo...
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European states sign new fiscal treatyMar 01, 2012 11:00 pm - BRUSSELS — The leaders of 25 European states have signed a new treaty designed to prevent the 17 euro countries from running up huge debts in order to prevent a repeat o...
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Acura says drug deters formation of stuimulantMar 01, 2012 11:00 pm - Palatine-based Acura Pharmaceuticals said its experimental pill to treat nasal congestion disrupted the formation of an illegal stimulant, sending the specialty pharmace...
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Sara Lee spinoff to distribute $4.6 billion in stockMar 01, 2012 11:00 pm - DOWNERS GROVE — Food company Sara Lee Corp. said Friday that its shareholders will get stock valued at up to $4.55 billion when it spins off its international coffee and...
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Shutterfly soars on initial offer for Kodak’s online-photo unitMar 01, 2012 11:00 pm - Shutterfly Inc. rose as much as 15 percent in early trading after announcing an initial bid to buy Eastman Kodak Co.’s online-picture business for $23.8 million. Shutter...
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U.S. Working on services deal with 15 WTO nationsMar 01, 2012 11:00 pm - The U.S. is working with 15 nations in the World Trade Organization on a deal for services industries after the Doha round of trade talks stalled, said Michael Punke, U....
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Momentum is building on Greek debt swapMar 01, 2012 11:00 pm - Momentum is building toward the Greek debt swap after initial investor feedback and European policymaker actions, said Charles Dallara, managing director of the Institut...
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