Business Stories from May 11, 2012 (Change date)
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Express Scripts sees 1Q growth after split with WalgreenMay 11, 2012 11:24 am - Shares of Express Scripts are climbing after the pharmacy benefits manager reported prescription growth in its first quarter since splitting with drugstore chain Walgree...
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Nissan profit soars on record sales amid disasterMay 11, 2012 11:24 am - TOKYO — Nissan Motor Co.’s January-March profit more than doubled to 75.3 billion yen ($941 million) as the Japanese automaker achieved record sales despite pr...
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Bank stocks hurt after surprise $2B JPMorgan lossMay 11, 2012 10:54 am - JPMorgan Chase stock lost more than 8 percent of its value Friday after the bank, the largest in the United States, revealed a monster $2 billion loss in a trading group...
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Caterpillar plans $37M visitor's centerMay 11, 2012 9:00 am - PEORIA - The $37 million Caterpillar Visitors Center is on schedule to open the same day as its next-door neighbor, the $100 million Peoria Riverfront Museum. Save the ...
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Spain imposes higher provisions for real estate in bank cleanupMay 11, 2012 8:05 am - Spain will hire two auditors to gauge the value of assets of the country’s banks and will force lenders to raise provisions against real estate holdings in the governmen...
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Mild weather offers no boost for energy marketsMay 11, 2012 8:04 am - The U.S. East Coast is expected to be warm and the South seasonal through the next two weeks without creating much demand for energy to cool homes and business, accordin...
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U.S. stock dutures drop as JPMorgan reveals $2 Billion in lossesMay 11, 2012 8:00 am - U.S. stock-index futures fell as JPMorgan Chase & Co., the nation’s biggest bank by assets, said it had a $2 billion trading loss after positions in credit securities pr...
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Germany to cut free EU carbon permits by 56% starting next yearMay 11, 2012 7:58 am - Germany, which plans to sell more European Union carbon allowances starting next year, will give 56 percent fewer away, according to figures from the federal environment...
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UK bank shares fall after JPMorgan loss disclosedMay 11, 2012 7:55 am - LONDON — Shares in major British banks fell Friday in the first day of trading after JPMorgan Chase revealed a surprise loss of $2 billion in six weeks in trading o...
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News Corp. chief discussed hacking cases with CameronMay 11, 2012 7:53 am - Rebekah Brooks, the former head of News Corp.’s U.K. publishing unit, said she discussed phone hacking cases with Prime Minister David Cameron in 2010, months befor...