Business Stories from November 9, 2012 (Change date)
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China’s factory output rises in sign of recoveryNov 09, 2012 9:41 am - BEIJING — China’s auto sales, consumer spending and factory output improved in October in a new sign of economic recovery as the Communist Party prepared to install a ne...
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Manitex International nets record 3Q revenuesNov 09, 2012 9:21 am - Heavy equipment manufacturer Manitex International, of Bridgeview, reported record third quarter revenues as increased demand offset the slowdown in the manufacturing se...
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Mayor: New look coming for downtown Wood DaleNov 09, 2012 9:09 am - Wood Dale residents will start seeing major changes to the look of their city in the coming year, Mayor Nunzio Pulice said Thursday during his annual State of the City a...
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Federal Signal reports 10 percent 3Q increase in net salesNov 09, 2012 8:15 am - Oak Brook-based Federal Signal Corporation today reported third quarter sales were up 10 percent based on increased sales and an increase in product prices. Net sales fo...
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Superstorm victims becoming frustrated with rationing, no powerNov 09, 2012 7:48 am - NEW YORK — A gasoline shortage caused by Superstorm Sandy forced 1970s-era rationing on New Yorkers Friday, adding a fuel-gauge obsession to their frayed nerves and dwin...
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Chrysler to recall 919,000 SUVs to fix air bagsNov 09, 2012 7:41 am - DETROIT — Chrysler is recalling more than 919,000 older-model Jeep Grand Cherokee and Liberty SUVs worldwide because the air bags can inflate while people are driving th...
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Claims about flood-damaged cars aren’t trueNov 09, 2012 6:44 am - DETROIT — In the days since Superstorm Sandy, an alarming prediction has flashed across the Internet: Hundreds of thousands of flood-damaged vehicles will inundate the n...
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J.C. Penney reports hefty 3Q lossNov 09, 2012 6:43 am - J.C. Penney Co. is reporting a bigger-than-expected loss and plummeting sales for the third quarter as its customers are still not buying its pricing plan that gets rid ...
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Oil lingers near $85 despite China recovery signsNov 09, 2012 6:43 am - BANGKOK — Oil hung near $85 a barrel Friday in Asia as traders weighed ample supplies against signs of recovery in China’s economy that could boost demand for fuel. Benc...
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Disney 4Q profit in line, revenue misses forecastNov 09, 2012 6:34 am - The Walt Disney Co. said Thursday that its net income in the latest quarter rose 14 percent thanks to an uptick in revenue driven by higher consumer spending at its them...