Business Stories from December 4, 2012 (Change date)
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Darden Restaurants cites failed promotions for lower outlookDec 04, 2012 9:32 am - ORLANDO, Fla. — Darden Restaurants Inc. is cutting its profit forecast for the year, with the owner of Olive Garden and Red Lobster blaming failed promotions and negativ...
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Icahn gives up bid for truck maker OshkoshDec 04, 2012 9:32 am - NEW YORK — Billionaire investor Carl Icahn is giving up his bid to buy truck maker Oshkosh after less than 25 percent of the company’s shares were tendered before his of...
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Toll Brothers 4Q net income soars on tax benefitDec 04, 2012 9:32 am - NEW YORK — Toll Brothers says its fiscal fourth-quarter net income soared, helped by a large income tax benefit and a 48 percent rise in revenue. The luxury homebuilder ...
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Stocks little changed as budget talks continueDec 04, 2012 9:32 am - NEW YORK — Stocks closed little changed Tuesday on Wall Street as budget talks continued in Washington. The Dow Jones industrial average closed down 13.82 points at 12,9...
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GOP 'fiscal cliff' plan echoes failed budget talksDec 04, 2012 9:00 am - WASHINGTON — Republicans are proposing a “fiscal cliff” plan that revives ideas from failed budget talks with President Barack Obama last year, calling for raising the e...
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Fast-growing fish may never wind up on your plateDec 04, 2012 9:00 am - WASHINGTON — Salmon that's genetically modified to grow twice as fast as normal could soon show up on your dinner plate. That is, if the company that makes the fish can ...
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New section of I-69 getting positive reviewsDec 04, 2012 8:18 am - SCOTLAND, Ind. — With the opening of I-69 in Greene County comes a new daily stop for truck driver Ed Miller. Five days a week, he pulls his 2011 Volvo semi into the par...
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U.S. home prices rise by most in 6 years, still down in ILDec 04, 2012 6:51 am - WASHINGTON — A measure of U.S. home prices rose 6.3 percent in October compared with a year ago, the largest yearly gain since July 2006. The jump adds to signs of a com...
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Oil falls below $89 on US manufacturing worriesDec 04, 2012 6:37 am - BANGKOK — Worries about the U.S. economy following the release of a disappointing manufacturing report sent oil prices lower Tuesday. Benchmark crude for January deliver...
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Officials keeping residents in New Jersey town indoorsDec 04, 2012 6:37 am - PAULSBORO, N.J. — Officials say residents of a southern New Jersey town should remain inside until further notice because levels of vinyl chloride remain high after a tr...