Business Stories from May 3, 2012 (Change date)
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US stocks dip after conflicting economic reportsMay 03, 2012 2:00 pm - Wall Street gnawed on a muddle of economic data and corporate earnings news Thursday, then sent stock indexes lower for a second day. Disappointing April sales results ...
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Sara Lee posts small 3Q loss ahead of spinoffMay 03, 2012 1:40 pm - Downers Grove-based Sara Lee Corp. reported a small loss for its fiscal third quarter on Thursday, as the packaged food company wrote down one-time costs related to the ...
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Bon-Ton April revenue metric declines 5 percentMay 03, 2012 1:16 pm - YORK, Pa. — Department store operator Bon-Ton-Stores Inc.’s revenue at stores open at least a year fell 5 percent in April, hurt by some promotional shifts. This metric...
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Dollar rises after US, Europe jobs dataMay 03, 2012 1:16 pm - NEW YORK — The dollar rose against most major currencies Wednesday on disappointing jobs data from Europe and the U.S. Traders tend to buy what they consider safer curr...
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Best Buy chief marketing officer leavesMay 03, 2012 1:16 pm - Associated Press NEW YORK — Another executive at Best Buy has left the company. Best Buy says former chief marketing officer Barry Judge is no longer with the Minneapoli...
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Rebekah Brooks called to UK press ethics inquiryMay 03, 2012 1:16 pm - LONDON — Former News of the World editor and Rupert Murdoch lieutenant Rebekah Brooks will testify next week at Britain’s media ethics inquiry, organizers announced Frid...
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Target April sales rise, but miss analysts’ viewMay 03, 2012 1:16 pm - MINNEAPOLIS — Target Corp. says a key sales figure rose 1.1 percent in April, but it fell short of analysts’ expectations. Analysts expected a 2.8 percent increase in st...
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KONE acquires Eagle ElevatorMay 03, 2012 12:42 pm - PRNEwswire Lisle-based KONE has acquired the business of Eagle Elevator Corporation, an independent elevator service company with a very strong reputation in the Minneso...
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Hospira’s 1Q results lower, but meet expectationsMay 03, 2012 12:41 pm - Lake Forest Drug maker Hospira, Inc. said first quarter net sales decreased four percent as the company struggled to overcome quality issues at some of its facilities an...
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ACCO completes merger with MeadWestvaco divisionMay 03, 2012 12:41 pm - Lincolnshire-based ACCO Brands Corp. said it has completed the merger with MeadWestvaco’s Consumer & Office Products business. “The combination of our businesses creates...