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Eaton Corp. buying Cooper
CLEVELAND (AP) -- Eaton Corp.has agreed to purchase Cooper Industries PLC in a cash-and-stock deal valued at about $11.46 billion that is designed to expand its reach in the global electrical power and distribution industry. The deal announced Monday...Tags: Debt Market, Investment Service, Republic of Ireland, Moody's Corporation, NYSE
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Wal-Mart posts 10.1% profit increase, possibly ending its struggles
Despite multiple corruption probes into its Mexican subsidiary, retail giantWal-Mart Stores Inc.reported first-quarter profits that exceeded Wall Street expectations as more shoppers returned to its U.S. stores. Analysts say that the 10.1% jump in...Tags: U.S. Department of Justice, The New York Times, JC Penney Company Inc., Economy, Business and Finance, Quarterly or Semiannual Financial Statements
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Advance Auto's profits up, but below expectations
Advance Auto Parts says its first-quarter profit rose 22 percent, but that's short of expectations and shares are tumbling in premarket trading. The company, based in Roanoke, Va., said Thursday that it earned $133.5 million, or $1.79 per share, for...
Tags: Car Parts, Car Repair, Advance Auto Parts Incorporated, Economy, Business and Finance, Companies and Corporations
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Sears swings to profit, shares soar
Tribune staff reporterShares of Sears Holdings Corp. rose nearly 10 percent Thursday as the company posted a first quarter profit and said it plans to spinoff part of its struggling Canadian business. Sears shares climbed nearly $5, or 9.75 percent, Thursday morning after the...Tags: Kmart, Science and Technology, Economy, Business and Finance, Electronics, Electronic Devices
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Target raises forecast on better-than-expected Q1
Target Corp. raised its annual forecast after posting a bigger-than-expected increase in quarterly profit on Wednesday even as it spends more on plans to open stores in Canada, and has concerns about U.S. shoppers' ability to spend. The discount chain...
Tags: Walmart, Gregg Steinhafel, Weather, Dollar General Corporation, Thomson Corporation
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Groupon reports narrower loss
Groupon Inc. narrowed its loss in the first quarter as revenue grew nearly 90%. The Chicago daily-deals company said Monday that it had a net loss of $11.7 million, or 2 cents a share, compared with a net loss of $146.5 million, or 48 cents, a year...Tags: Thomson Corporation, Quarterly or Semiannual Financial Statements, Economy, Business and Finance, Earnings, Groupon, Inc.
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1st-quarter earnings exceed expectations, but skeptics say the bar was low
Not bad. Despite worries about a sluggish global economy, companies have turned out to be more resilient than expected and corporate profits have been sound, especially compared with expectations. With 90 percent of Standard & Poor's 500 companies...
Tags: Dining and Drinking, Economy, Business and Finance, Restaurant and Catering Industry, McDonald's, Companies and Corporations
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Green Mountain stock plunges 48%
Green Mountain Coffee Roasters Inc. lost almost half its stock-market value Thursday after disappointing second-quarter results heightened concerns about the company’s growth prospects. Shares of the onetime market darling slumped 48%, sinking to...
Tags: Health Insurance Cost, Green Mountain Coffee Roasters, Inc., K-Cups, Wells Fargo & Co., Economy, Business and Finance
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Report: German automakers defy analyst predictions by earning huge profits
Autoblog.comFiled under: Europe, Audi, BMW, Mercedes-Benz, Volkswagen, Earnings/FinancialsEurope's financial situation is, well, bad. So no one was surprised to see analysts' low expectations for German carmakers. But the numbers are out, and whaddya know? Three... -
Disney quarterly profit jumps 21% thanks to parks, TV advertising
In a positive sign for the state of the economy, the Walt Disney Co. said Tuesday that improvements in two of its most consumer-sensitive businesses — theme parks and television advertising — lifted the company to 21 percent profit growth...
Tags: Tour Operations Industry, Amusement and Theme Parks, Media Industry, Goldman Sachs, Economy, Business and Finance
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AOL Earnings Skyrocket Even as Revenue Drops 4%
ReutersAdvertising May 09 (TheWrap.com) - gains helped AOL's profits skyrocket, even as the internet pioneer continues to shed subscribers and see its overall revenue shrink, according to first quarter earnings announced Wednesday. The company's stock price...Tags: Computing and Information Technology Industry, AOL LLC, Economy, Business and Finance, Quarterly or Semiannual Financial Statements, Earnings
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Accretive Health reports higher profit, may outsource consumer collections
Tribune staff reporterAccretive Health Inc. is in little danger of losing any of its customers and is considering doing away with its hospital debt collection, the company's chief executive said Wednesday. Accretive CEO Mary Tolan said farming out its consumer collection...Tags: Health, Hospitals and Clinics, Economy, Business and Finance, Companies and Corporations
May 22, 2012
|Story| South Bend Tribune
May 18, 2012
|Story| Los Angeles Times
May 17, 2012
|Story| AP Broadcast
May 17, 2012
|Story| Chicago Tribune
May 16, 2012
|Story| Chicago Tribune
May 14, 2012
|Story| Los Angeles Times
May 12, 2012
|Column| Chicago Tribune
May 3, 2012
|Story| Los Angeles Times
May 4, 2012
|Blog| Autoblog.com
May 8, 2012
|Story| Orlando Sentinel
May 9, 2012
|Story| Wrap
May 9, 2012
|Story| Chicago Tribune
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