Markets
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Southwest posts small profit after weak SeptemberOct 18, 2012 8:37 am - Southwest Airlines eked out a small third-quarter profit in spite of a September slowdown, the company said on Thursday. The airline has been using a mix of fare increas...
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Morgan Stanley shares rise on higher earningsOct 18, 2012 8:37 am - NEW YORK — Morgan Stanley reported higher revenue and net income for its third quarter Thursday thanks to gains in its bonds and asset management businesses. Excluding ...
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Union Pacific 3Q profit up 15 pct on price hikesOct 18, 2012 8:37 am - OMAHA, Neb. — Union Pacific said Thursday that its third-quarter profit climbed 15 percent because price increases and more automotive and chemical shipments helped the ...
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Stock market edges up on stronger housing reportOct 17, 2012 11:58 am - NEW YORK — A surprisingly strong housing report helped push the stock market mostly higher Wednesday, while weak earnings reports from Intel and IBM weighed on the Dow J...
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After Pandit, a smaller Citi could get smaller yetOct 17, 2012 8:30 am - NEW YORK — The incredible shrinking bank may have to shrink more. In the hours after Tuesday’s surprise announcement that Citigroup CEO Vikram Pandit was stepping down, ...
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PepsiCo’s profit dips amid turnaround pushOct 17, 2012 8:30 am - NEW YORK — PepsiCo Inc. says its net income dipped 5 percent in the third quarter, as the food and beverage maker continued to pour more money into marketing to bolster ...
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Spanish hopes buoy markets ahead of EU summitOct 17, 2012 8:30 am - BANGKOK — Rising speculation that Spain will soon ask for help to keep its borrowing costs down continued to shore up markets Wednesday in the run-up to a meeting of Eur...
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Halliburton 3Q profit falls on drilling slowdownOct 17, 2012 8:30 am - NEW YORK — Halliburton Co. said Wednesday its third-quarter net income fell 12 percent as drilling activity declined and costs rose in its core North American business. ...
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American Airlines parent loses $238M in 3QOct 17, 2012 8:30 am - NEW YORK — American Airlines parent company AMR says it lost $238 million in the third-quarter on employee severance costs and other charges related to its bankruptcy. ...
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Narrow profit for Bank of America beats expectationsOct 17, 2012 8:30 am - NEW YORK — Bank of America said Wednesday that it narrowly turned a profit from July through September, good enough to beat Wall Street expectations. The bank earned $34...