Finance
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Investigators scold Boeing over 787 commentsMar 22, 2013 4:52 pm - Boeing’s comments about the smoldering batteries on its 787 have annoyed the National Transportation Safety Board. Boeing gave its own account of two battery incidents, ...
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Earnings reports buoy stock pricesMar 22, 2013 4:29 pm - Strong company earnings boosted stocks on Wall Street Friday. Investors also saw a chance to add to their holdings after declines earlier in the week. Nike reported a su...
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Cyprus to vote on new plan, Europe skepticalMar 22, 2013 10:35 am - NICOSIA, Cyprus — Cypriot lawmakers are due to vote Friday on a raft of new measures they hope will qualify the country for a bailout package and avoid financial ruin ne...
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Weak Oracle sales, Cyprus fears weigh on US stocksMar 21, 2013 6:53 am - Stocks closed lower on Wall Street Thursday after Oracle’s weak sales results weighed down big U.S. technology companies. Traders also worried about Cyprus running out o...
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Cypriot officials: Plan B drawn up to get bailoutMar 20, 2013 8:45 am - NICOSIA, Cyprus — Searching for a way out of a crippling financial crisis, officials in Cyprus on Wednesday pursued a new bailout strategy that could include a loan from...
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JPMorgan, MF Global trustee reach agreementMar 20, 2013 7:14 am - NEW YORK — JPMorgan Chase has agreed to a deal that will return $546 million to former customers of trading firm MF Global Holdings Ltd., which collapsed in 2011 with $1...
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Deutsche Bank takes $0.8 billion lawsuits chargeMar 20, 2013 7:08 am - FRANKFURT, Germany — Deutsche Bank has cut its 2012 profit figure because of new charges for possible costs from mortgage-related lawsuits in the U.S. The bank said Tue...
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China Telecom profit falls 9.5 percentMar 20, 2013 7:08 am - HONG KONG — State-owned China Telecom Corp. said Wednesday that profit fell 9.5 percent last year because it spent more to market the iPhone as it battled rivals for hig...
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Fed stands by stimulus, sees stronger US economyMar 20, 2013 6:50 am - WASHINGTON — The Federal Reserve said Wednesday that the U.S. economy has strengthened after pausing late last year but still needs the Fed’s extraordinary support to he...
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BMO Harris Bank hire expands SBA loan effortsMar 18, 2013 9:06 am - Chicago’s BMO Harris Bank said it has hired Ejaz Syed to lead the bank’s SBA loan program efforts in the Greater Chicago area. Ejaz will be based in Naperville and will ...