Business Stories from June 21, 2012 (Change date)
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Federal Signal sells technology unit to 3M for $110 millionJun 21, 2012 9:50 am - Oak Brook-based Federal Signal Corp. said it is selling its Federal Signal Technologies usiness to 3M Co. for $110 million in cash, subject to post-closing adjustments. ...
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Oracle CEO Ellison to buy, invest in Hawaii’s LanaiJun 21, 2012 9:41 am - HONOLULU — Oracle Corp. CEO Larry Ellison is closing in on a purchase even lottery winners can only dream about — 98 percent of Hawaii’s pineapple island, Lanai. Ellison...
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Camping World set to mark 100th store openingJun 21, 2012 9:24 am - Lincolnshire-based Camping World, the nation’s largest RV and outdoor retailer, said it’s set to reach a new milestone with the opening of its 100th RV superstore in the...
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Wellness Center USA Inc. to acquire Psoria-Shield Inc.Jun 21, 2012 9:22 am - PRNewswire Schaumburg-based health care and nutraceutical company Wellness Center USA Inc. said it signed a share exchange agreement to acquire Psoria-Shield Inc., a Tam...
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New Greek PM Samaras names cabinet membersJun 21, 2012 9:10 am - ATHENS, Greece — Greece has named its coalition government’s new Cabinet, appointing a prominent banker to take over the key position of finance minister. New government...
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Rate on 30-year mortgage falls to record 3.66 pct.Jun 21, 2012 9:00 am - WASHINGTON — The average U.S. rate on a 30-year fixed mortgage fell this week to a record low for the seventh time in eight weeks. Cheap mortgages have helped drive a mo...
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Tesla delivers first $100,000 Model S on uncertain demandJun 21, 2012 9:00 am - Tesla Motors Inc. survived a cash crisis in 2008 and tomorrow delivers its first electric car designed and built solely in-house. Co-founder Elon Musk will soon learn if...
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Samsung Galaxy S III goes on sale in U.S., taking on IPhoneJun 21, 2012 9:00 am - Samsung Electronics Co., challenging Apple Inc.'s iPhone, began rolling out its Galaxy S III flagship smartphone in the U.S. through T-Mobile USA Inc. The touch-screen d...
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Treasuries advance as U.S. unemployment-benefit claims increaseJun 21, 2012 8:35 am - Treasuries rose for the first time in three days as more Americans than forecast filed claims for jobless benefits and before data that economists forecast will show man...
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U.S. futures mixed ahead of jobs, housing dataJun 21, 2012 8:25 am - NEW YORK — U.S. stock futures were mixed Thursday after the latest jobs report showed that the number of people seeking unemployment benefits dipped last week. The decl...