Business Stories from September 5, 2012 (Change date)
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Radio Flyer picks LeSaint as distribution partnerSep 05, 2012 9:55 am - ROMEOVILLE — Radio Flyer, the manufacturer of the iconic toy wagons, tricycles and three-wheeled scooters in the United States with a supply chain that extends around th...
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Stern Pinball welcomes veteran designer FreresSep 05, 2012 9:55 am - MELROSE PARK — Stern Pinball Inc., the world’s only maker of real pinball games, said game designer Greg Freres has joined the company. With 34 years in the industry, Fr...
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FedEx falls as slow economy spurs first earnings drop since 2009Sep 05, 2012 9:44 am - FedEx Corp. fell in U.S. trading after projecting its first quarterly earnings decline since 2009 as slowing economic growth hurt demand for the express packages that pr...
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Revlon will cut 250 jobs, restructure operationsSep 05, 2012 9:44 am - NEW YORK — Makeup company Revlon Inc. says it is cutting 250 jobs, or about 5 percent of its workforce, and is closing two plants in a broad restructuring as it seeks to...
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Gazprom shares down as EU opens antitrust probeSep 05, 2012 9:44 am - MOSCOW — Shares in Russian oil and gas giant Gazprom suffered their biggest drop in five weeks Wednesday, on news that it is the subject of a European antitrust investig...
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Oil prices dragged down by economic headwindsSep 05, 2012 9:44 am - The price of oil drifted below $95 on Wednesday, giving up early gains that came on the heels of a report showing U.S. vehicle sales rising sharply last month. By early ...
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Investors cautious ahead of ECB meetingSep 05, 2012 9:44 am - LONDON — Global markets fluctuated Wednesday as investors weighed poor economic data against expectations that the European Central Bank will announce a plan to support ...
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Japan panel favors relaxing U.S. beef import limitsSep 05, 2012 9:44 am - TOKYO — Japan is moving toward relaxing restrictions on American beef imports, which had been limited because of fears about mad cow disease. A panel of experts recommen...
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All eyes on Draghi’s bond rescue plan for EuropeSep 05, 2012 9:44 am - FRANKFURT, Germany — European Central Bank President Mario Draghi gets another chance Thursday to spell out how the bank intends to rescue the 17 countries that use the ...
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Stocks barely move; FedEx sinks on profit warningSep 05, 2012 9:44 am - NEW YORK — U.S. stock prices are closing mixed, held in check by a warning from the huge package delivery company FedEx that its profits would be hurt because of a slowd...