Business Stories from July 18, 2012 (Change date)
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Local nurses: Reform emphasizes business side of health careJul 18, 2012 11:00 am - Nurses always have been among those on the front lines of health care, so what do they have to say about the health care reform recently upheld by the U.S. Supreme Court...
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Clocktower project on again in WheelingJul 18, 2012 10:30 am - After village leaders reversed their decision for the fourth time in as many months, the clock tower plaza planned for the corner of Dundee and Milwaukee roads in Wheeli...
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U.S. Bancorp profit rises 18% on loan quality, higher revenueJul 18, 2012 10:09 am - U.S. Bancorp, the top performer in the KBW Bank Index for the past 12 months, posted its 11th straight year-over-year increase in quarterly profit as fewer bad loans and...
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Profits plunge in Q2 for Sweden’s EricssonJul 18, 2012 10:09 am - STOCKHOLM — Swedish wireless equipment maker LM Ericsson saw its second-quarter profits slashed to almost a third as sales of network infrastructure slowed in China and ...
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WW Grainger 2Q net income up on overseas strengthJul 18, 2012 10:03 am - W.W. Grainger Inc.’s second-quarter net income climbed 12 percent on strengthening sales in the U.S., Canada and overseas, thanks to higher prices and acquisitions. The ...
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Abbott profit tops estimates as sales of Humira increaseJul 18, 2012 10:02 am - Abbott Laboratories, in the process of splitting into two companies, reported second-quarter earnings that beat analysts’ estimates as sales increased for the company’s ...
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Bank of America swings to a profit in Q2Jul 18, 2012 9:44 am - Bank of America swung to a profit from April through June and beat Wall Street expectations. It set aside the least money to cover bad loans since 2007, well before the ...
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American Airlines has 2Q loss of $241M on bankruptcy costsJul 18, 2012 9:44 am - DALLAS — American Airlines is reaping higher fares and record revenue but still losing money. American’s parent, AMR Corp., said Wednesday that it narrowed its second-qu...
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AAR reports record 2012 sales on strong 4Q returnJul 18, 2012 9:40 am - WOOD DALE — Aircraft maintenance and equipment provider AAR Corp. reported a record $2.1 billion in sales for fiscal year 2012 thanks primarily to a strong showing from ...
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Dover Corp. 2Q revenues increase 8 percentJul 18, 2012 9:40 am - DOWNERS GROVE — Global manufacturer Dover Corp. reported a second quarter revenue of $2.2 billion, an 8 percent increase over the prior-year period. The company said th...