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| Woodford to sue Olympus over firing, drops leadership Reuters By Tim Kelly | TOKYO (Reuters) - The ousted British CEO of disgraced Olympus Corp, who blew the whistle on a $1.7 billion accounting fraud, dropped his bid to return to lead the medical device maker, blaming cozy ties between its management and big ... See all stories on this topic » | ||
| WebMD is on Yahoo! New York Post The Weather Channel and WebMD Health. are among companies Yahoo! is interested in owning as part of a tax-efficient asset swap with Alibaba and Softbank, said three people with knowledge of the matter. Yahoo! drafted the wish list of assets before ... See all stories on this topic » | ||
| Japan retailer Seven & I Q3 profit rises, Aeon falls Reuters | TOKYO (Reuters) - Japan's Seven & I Holdings posted a rise in third-quarter profit on Friday as strong post-quake demand for food and consumer goods continued to boost earnings of Japanese general retailers, although Aeon Co's earnings undershot ... See all stories on this topic » | ||
| IMF's Lagarde: euro likely to survive 2012 Reuters By Xola Potelwa | PRETORIA (Reuters) - The euro is likely to survive 2012 despite the debt crisis in the euro currency zone, International Monetary Fund Managing Director Christine Lagarde said on Friday. European leaders will hold another summit this ... See all stories on this topic » | ||
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| Constellation Brands Posts 25% Drop in Profit Wall Street Journal By JOHN KELL Constellation Brands Inc.'s earnings fell 25% for the company's fiscal third quarter, following the sale of a struggling business. Though the Victor, NY, alcoholic-beverage maker affirmed its fiscal-year outlook, the company's shares slid ... See all stories on this topic » | ||
| MF Global trustee tussles with regulators - WSJ Reuters Jan 6 (Reuters) - MF Global's bankruptcy trustee, Louis Freeh, has refused to turn over some documents to the Commodity Futures Trading Commission (CFTC), which is investigating what happened to an estimated $1.2 billion in missing customer funds, ... See all stories on this topic » | ||
| IRS says more millionaire earners face audits, rate stable for those earning ... Washington Post WASHINGTON — If you earn less than $200000 a year, there's a strong chance you don't have to worry about an Internal Revenue Service audit. But if you make more than $1 million annually, the odds have been rising that you'll be hearing from the tax man ... See all stories on this topic » | ||
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| Retail sales surge, but not the profits The Boston Globe By Jenn Abelson Many merchants rang up strong sales in December, but the deep price cuts that lured shoppers took a toll on profits at some retailers during the holiday season. Framingham discounter TJX Cos. - it owns TJ Maxx, Marshalls, and HomeGoods ... See all stories on this topic » | ||
| A Natural Gas Primer San Francisco Chronicle Natural gas is playing a larger role in the energy industry. Once thought of as a byproduct of oil production, natural gas is now used in a variety of ways, from residential uses to industrial, to electricity generation. Natural gas cars are now a ... See all stories on this topic » | ||
| Economy Likely Ended 2011 With Solid Job Growth ABC News By AP The US job market strengthened in the second half of 2011, and December is expected to cap a solid finish. Economists forecast that employers added a net 150000 jobs last month, according to a survey by Factset. They also predict that the ... See all stories on this topic » | ||
| Apollo Group 1Q Profit Falls 37% But New Enrollment Grows Wall Street Journal Apollo Group Inc.'s (APOL) fiscal first-quarter earnings fell 37% on another revenue slide, but the for-profit education company reported new-enrollment growth for the first time in at least a year. Shares were up 1.9% at $54.72 after hours, ... See all stories on this topic » | ||
| Boeing falls behind Airbus with 477 deliveries in 2011 HeraldNet Boeing's 747-8 Intercontinental taxis down the runway at Paine Field in Everett before taking off for its first flight in March. By Michelle Dunlop, Herald Writer EVERETT -- The Boeing Co. came up short on deliveries of 787 and 747-8 jets last year, ... See all stories on this topic » | ||
| Genuardi's selling off New Jersey supermarkets, including Egg Harbor Township ... Press of Atlantic City Safeway Inc., parent company of the Genuardi's supermarket chain, is selling most of its Genuardi's stores to Giant Foods, the company aannounced Thursday. The Egg Harbor Township location, shown here, and the Barnegat location are not part of the ... See all stories on this topic » | ||
| Study: Mitt Romney would raise low-income families' taxes 60%, give tax cuts ... Detroit Free Press By Stephen Ohlemacher AP WASHINGTON -- Republican Mitt Romney's tax plan would increase taxes on low-income families while cutting taxes for the middle class and rich people, according to an independent study released Thursday. ... See all stories on this topic » | ||
| In wake of Zyprexa patent loss, Lilly financial forecast is a downer for market Indianapolis Star Intimate Opera of Indianapolis compares itself modestly with the origins of opera in an Italian... Amy Vaughan, director of the Indiana Office of Tourism Development, launched in partnership with... Fresh, local food will be on the menu when a new ... See all stories on this topic » | ||
| MetroPCS adds 197000 subscribers in Q4 but misses expectations BGR MetroPCS on Thursday announced its fourth quarter 2011 subscriber results. The carrier added 197000 net subscribers, which missed analyst expectations that the carrier would add between 214000 and 250000 net customer additions, Reuters said. ... See all stories on this topic » | ||
| McClatchy Co. invests in NewsRight effort Sacramento Bee The McClatchy Co. of Sacramento said Thursday that it is one of 29 initial investors in a company designed to license and make profit from online news content. McClatchy, which publishes The Bee, joined with other news companies in launching NewsRight, ... See all stories on this topic » | ||
| Target Recalls Flashlights because of Fire Hazards KSPR The US Consumer Product Safety Commission, in cooperation with Target Corporation has voluntarily recalled about 55 thousand LED Flashlight Sets. The product was sold nationwide from October 2010 through December 2011 for around $10 per set. ... See all stories on this topic » | ||
| Hawaii gas prices heading higher Honolulu Star-Advertiser By Star-Advertiser staff Gas prices are rising again after 11 consecutive weeks of declines, according to the AAA Hawaii Weekend Gas Watch. Thursday's statewide average for regular unleaded of $4.02 is a penny more than a week ago. ... See all stories on this topic » | ||
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| Stores Pay Price for Holiday Bargains as Profit Forecasts Slip BusinessWeek By Ashley Lutz and Matt Townsend Jan. 6 (Bloomberg) -- Retailers are starting to pay the price for a discounting binge that was deeper and longer than ever -- especially stores that cater to middle-income shoppers. Look no farther than American Eagle ... See all stories on this topic » | ||
| Business briefs New York Post Irving Picard, the Bernard Madoff bankruptcy trustee, won a legal victory as a federal judge ruled that investors who sent money indirectly to Madoff's firm through so-called feeder funds did not qualify as "customers" entitled to share in what Picard ... See all stories on this topic » | ||
| Jobless claims improve CNNMoney By Chris Isidore @CNNMoney January 5, 2012: 9:48 AM ET NEW YORK (CNNMoney) -- Americans filing for first time jobless claims last week declined in another sign of an improving labor market. The Labor Department reported Thursday that 372000 people ... See all stories on this topic » | ||
| Pepsico Is Said to Plan Job Cuts as North American Beverage Sales Stagnate Bloomberg PepsiCo Inc. (PEP) may cut jobs to boost earnings, a person familiar with the plans said. The company, led by Chief Executive Officer Indra Nooyi, hasn't determined how many of its 300000 global employees will be eliminated, said the person, ... See all stories on this topic » | ||
| Millennial Media Files for $75 Million Initial Public Offering BusinessWeek By Olga Kharif Jan. 6 (Bloomberg) -- Millennial Media Inc., the second- largest mobile-advertising company in the US, filed for a $75 million initial public offering. The Baltimore-based company hired Morgan Stanley, Goldman Sachs Group Inc. and ... See all stories on this topic » | ||
| Wegmans freezing prices through spring Citizens Voice The action affects mostly Wegmans brand items, including soups, produce and medications, and follows a price freeze on 40 items through most of 2011, the company said. Wegmans reported it absorbed $8 million in costs from the 2011 price freeze. ... See all stories on this topic » | ||
| Fed alters policy on interest rate forecasts Washington Post In a major policy shift, the Federal Reserve will start announcing four times a year how long it plans to keep short-term interest rates at current levels, according to minutes from its most recent policy meeting. Currently, the forecasts include ... See all stories on this topic » | ||
| Job Cuts in U.S. Jumped 31% From Prior Year's Decade Low, Challenger Says Bloomberg Job cuts announced by US employers increased in December from the prior year's decade low. Planned firings (CHALTOTL) rose 31 percent to 41785 last month from 32004 in December 2010, which were the fewest since June 2000, according to Chicago-based ... See all stories on this topic » |
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