Business Stories from May 11, 2012 (Change date)
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Grainger reports April 2012 sales resultsMay 11, 2012 7:50 am - Grainger reported that daily sales increased 12 percent in April versus last April. Results for the month included a 5 percentage point contribution from acquisitions. E...
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Emerging stocks set for biggest weekly loss since NovemberMay 11, 2012 7:47 am - Emerging-market stocks headed for the biggest weekly loss since November as disappointing Chinese and Indian production data and a $2 billion trading loss at JPMorgan Ch...
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Poland’s lawmakers approve retirement age hikeMay 11, 2012 7:47 am - WARSAW, Poland — Poland’s lawmakers on Friday approved a controversial government plan to raise the retirement age to 67 for most Poles, a key part in efforts ...
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JPMorgan loss another headache for marketsMay 11, 2012 7:34 am - Associated Press LONDON — Global markets fell on Friday after a big surprise trading loss at JPMorgan Chase shook investor confidence, while political chaos in Gree...
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Panasonic loss balloons for record red inkMay 11, 2012 7:34 am - TOKYO — Panasonic’s January-March losses ballooned 10-fold to 438 billion yen ($5 billion), completing a year of record red ink at the Japanese electronics mak...
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