Business Stories from May 7, 2012 (Change date)
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Talbots evaluating higher sycamore bid after December rejectionMay 07, 2012 9:02 am - Talbots Inc. said it’s considering an approximately $215 million offer from Sycamore Partners, less than five months after the women’s apparel maker rejected a lower bid...
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Intel raises dividend by 7 percent to 22.5 centsMay 07, 2012 9:02 am - Associated Press SANTA CLARA, Calif. — Intel Corp. is raising its quarterly dividend by 7 percent to 22.5 cents. The Santa Clara, Calif., company says the higher divide...
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ABC, Univision teaming for news network in EnglishMay 07, 2012 9:02 am - NEW YORK — ABC News and Univision are teaming up to start an English-language news network aimed at Latinos. The networks said Monday that a website and mobile content w...
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Sears will start an outdoor-clothing line with Bonnier Corp.May 07, 2012 9:00 am - Sears Holdings Corp., the retailer controlled by Edward Lampert, is starting a clothing line with Bonnier Corp., publisher of Outdoor Life magazine. The men's sportswea...
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Hollande election may be good news for Poland, Rostowski saysMay 07, 2012 8:56 am - $PHOTOCREDIT_ON$Bloomberg News$PHOTOCREDIT_OFF$ The election of Francois Hollande may be “good news” for Poland and other new members of the European Union if it results...
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Groupon CEO sees 'enormous opportunity' after rapid growthMay 07, 2012 8:00 am - Groupon Inc. Chief Executive Officer Andrew Mason sees "enormous opportunity" ahead after three and a half years of rapid growth, he said in a letter to shareholders. "...
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Mich. Ill., Ind. give $600,000 for fast rail studyMay 07, 2012 6:28 am - KALAMAZOO, Mich. — U.S. Transportation Secretary Ray LaHood says Michigan, Illinois and Indiana are contributing $200,000 each to a $4 million study to creating a h...
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Clinton presses India to cut oil imports from IranMay 07, 2012 6:27 am - NEW DELHI — U.S. Secretary of State Hillary Rodham Clinton urged energy-starved India on Monday to reduce its Iranian oil imports to keep up pressure on the Islamic...
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Buffett says Europe’s fiscal problems will lingerMay 07, 2012 6:26 am - OMAHA, Neb. — Billionaire Warren Buffett says Europe will have a hard time resolving its fiscal problems because of the structure of the European Union and this wee...
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Twitter plays outsize role in 2012 campaignMay 07, 2012 6:25 am - NEW YORK — (at)BarackObama is on Twitter. So is (at)MittRomney. And so are all the voters following the 2012 presidential contest, whether they know it or not. Can...