Markets
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J.C. Penney reports hefty 3Q lossNov 09, 2012 5:07 pm - NEW YORK — J.C. Penney Co. is hoping it has hit rock bottom. The bad news keeps getting worse for the struggling department-store chain that on Friday reported a wider t...
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55,455 Britax car seats recalledNov 09, 2012 5:00 pm - WASHINGTON — The government is alerting consumers to a safety recall announced by Britax Child Safety Inc., involving 55,455 convertible car seats sold in the United Sta...
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Coal company to lay off 156 workers in Utah, IllinoisNov 09, 2012 3:11 pm - ST. LOUIS — A coal producer owned by a longtime critic of President Barack Obama’s energy policies will lay off nearly 160 workers at Illinois and Utah mines, blaming th...
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Economic growth was likely stronger in Q3Nov 09, 2012 2:49 pm - WASHINGTON — The U.S. economy appears to have grown over the summer faster than first thought. U.S. companies sold more goods overseas in September, helping narrow the n...
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Groupon stock plunges to record lowNov 09, 2012 2:42 pm - Groupon Inc., the largest daily-deal website, plunged to a record low after reporting third-quarter revenue that missed estimates as sales of coupons overseas declined f...
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‘Fiscal cliff’ pulls stocks downhillNov 09, 2012 9:41 am - NEW YORK — Wall Street is peering over the “fiscal cliff” and feeling vertigo. The stock market finished one of the worst weeks of the year Friday, pushing Washington to...
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World stocks sink on US fiscal cliff fearsNov 09, 2012 6:05 am - World stock markets struggled Friday despite encouraging Chinese economic figures as fears persisted over the so-called U.S. “fiscal cliff” that’s seen as a big threat t...
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Stocks slide on Wall Street, extending sell-offNov 08, 2012 10:19 am - Stocks slide on Wall Street, extending sell-off NEW YORK — Stocks slid on Wall Street Thursday, a day after the Dow Jones industrial average logged its biggest one-day d...
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Greek vote helps markets calm after turmoilNov 08, 2012 4:44 am - LONDON — Financial markets settled down Thursday after the turmoil of the previous day when concerns over the U.S. fiscal situation combined with renewed worries over th...
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Apple shares drop 20 percent from peakNov 07, 2012 10:26 am - NEW YORK — Apple’s stock is falling along with a sell-off in the broader market. The stock of the world’s most valuable company has now fallen more than 20 percent from ...