Business Stories from September 18, 2012 (Change date)
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Walgreen finishes $438M deal for drugstore chainSep 19, 2012 1:10 pm - Deerfield-based Walgreen Co. has completed its $438 million purchase of a regional drugstore chain that operates in several states under the USA Drug, Super D Drug and M...
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FedEx says economy is worsening, cuts outlookSep 18, 2012 7:23 pm - NEW YORK — FedEx says the global economy is worsening and it’s again cutting its forecast for the fiscal year ending in May. The package delivery company also expects ne...
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Spain pays lower interest rates in debt auctionSep 18, 2012 1:59 pm - MADRID — Spain raised (euro) 4.5 billion ($5.9 billion) in short-term debt auctions Tuesday that saw it paying sharply lower interest rates amid speculation that the cou...
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WHY IT MATTERS: China’s auto parts industrySep 19, 2012 1:10 pm - The U.S. government has challenged Chinese policies it says improperly subsidize exports of auto parts in violation of World Trade Organization free trade rules. The iss...
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Apple: iPhone 5 orders topped 2M in 24 hoursSep 18, 2012 6:39 pm - CUPERTINO, Calif. — Orders for the iPhone 5 topped 2 million in their first 24 hours, more than double the amount of its predecessor over the same period. Since Apple st...
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Itochu to buy Dole businesses for $1.7 billionSep 18, 2012 6:09 pm - TOKYO — Japanese trading company Itochu Corp. said Tuesday it has agreed to buy Dole Food Co.’s worldwide packaged foods and Asia fresh produce businesses for $1.7 billi...
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Spain hesitation over aid unnerves marketsSep 18, 2012 1:59 pm - LONDON — Global markets mostly fell Tuesday as investors worried about the global growth outlook and Spain’s apparent delay in accepting a financial aid package. Spain’s...
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