Finance
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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 ...
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Smart Spending: Lifting the veil on store brandsMar 17, 2013 6:56 am - NEW YORK — Supermarkets including Kroger, Safeway and Whole Foods are improving the image of their store brands with better packaging and more distinctive offerings. But...
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Small businesses find ways to beat skills shortageMar 17, 2013 6:36 am - NEW YORK — There are three jobs open at Rodon Group, a plastic parts manufacturer near Philadelphia. But despite the reports of a shortage of skilled workers nationwide,...
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Investors move into stock mutual funds cautiouslyMar 17, 2013 6:05 am - BOSTON — The Dow Jones industrial average continues to set new records but average investors are still proceeding with caution. While they added to U.S. stock funds in t...