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Bunge first-quarter results beat Street expectations
ReutersApril 25 (Reuters) - Agribusiness group Bunge Ltd reported higher-than-expected quarterly results on Thursday, helped by a jump in sales of sugar & bioenergy products. Bunge, one of the world's largest agricultural trading houses, earned $170 million in...Tags: Bunge Ltd., Archer Daniels Midland Incorporated, Stock Market, Thomson Corporation
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Merck melanoma drug wins 'breakthrough' designation
ReutersApril 24 (Reuters) - U.S. regulators have granted Merck & Co's experimental treatment for advanced melanoma a "breakthrough therapy" designation, which could speed development and regulatory review of the product. The medicine, whose chemical name is...Tags: Skin Cancer, Drugs and Medicines, Stock Market, Merck & Company Incorporated, Food and Drug Administration
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Citigroup executive say "major work" in shedding assets done
ReutersNEW YORK (Reuters) - The chairman of Citigroup Inc said on Wednesday that the company had already done the "major work" in shrinking the bank down to a profitable core and that directors are confident in the current strategy. Responding to questions at...Tags: Annual and Special Corporate Meetings, Financial Markets, Companies and Corporations, Corporate Officers, Stock Market
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Fusion-io forecasts 4th-qtr revenue above estimates; shares jump
ReutersApril 24 (Reuters) - Memory drive maker Fusion-io Inc reported a larger loss for the third quarter but forecast fourth-quarter revenue ahead of analysts' estimates, pushing up its shares 11 percent in after-hours trading. The company, which makes solid...Tags: Stock Market, Thomson Corporation
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W.R. Grace says income dropped 13% in first quarter
Chemical maker W.R. Grace & Co. said Wednesday that its net income in the first quarter fell about 13 percent from the year-earlier period, in line with its warning to investors and analysts earlier in the month. The Columbia company said sales volumes...
Tags: Credit Ratings, Earnings, Prices, Stock Market
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EU regulators to examine ICE, NYSE Euronext merger
ReutersBRUSSELS, April 24 (Reuters) - EU antitrust regulators will examine IntercontinentalExchange Inc's $8.2 billion takeover of NYSE Euronext in line with a request from the exchange operators themselves, a spokesman for the European Commission said on...Tags: Financial Markets, IntercontinentalExchange, Inc., NASDAQ, Stock Market
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SeaWorld stock jumps in public debut
Virginia GazetteSeaWorld, the parent company of Busch Gardens Williamsburg and Water Country USA, saw its stock rise 19.6 percent in its first day as a publicly traded company. Its stock rose as high as $34.67 per share during the opening day after an initial...Tags: People for the Ethical Treatment of Animals, Amusement and Theme Parks, Busch Gardens Williamsburg, Initial Public Offerings, Blackstone Group, L.P.
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UTC First Quarter Earnings Up 6 Percent, Beating Expectations
The Hartford CourantUnited Technologies Corp. on Tuesday beat analyst expectations by reporting a 6 percent increase in earnings per share for the first quarter ending March 31. The Hartford-based company — which includes Pratt & Whitney, Sikorsky, UTC Aerospace...Tags: Military Equipment, Government Debt, Louis R. Chenevert, Companies and Corporations, Earnings
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Boston bombing suspect charged, questioned
BOSTON — In an extraordinary proceeding in a hospital room Monday, federal authorities charged Dzhokhar Tsarnaev with using a weapon of mass destruction in the bombings that killed three people and injured more than 200 others at last week's...
Tags: Laws, Police Investigations, Criminal Laws, Crime, Law and Justice, Immigration
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Edwards lowers outlook as sales disappoint; shares dive
Reuters(Reuters) - Edwards Lifesciences Corp on Tuesday lowered its 2013 outlook due to sluggish sales at the start of the year for its less-invasive replacement heart valves, and its shares plunged 15 percent after hours. U.S. first-quarter sales of the...Tags: Trials, Heart Surgery, Litigation and Regulation, Edwards Lifesciences Corporation, Medtronic Incorporated
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English champions Man United look to U.S. market
ReutersLONDON (Reuters) - Manchester United are expanding their marketing activities in the United States to cash in on interest generated by a new deal for NBC to screen English Premier League football, the U.S.-listed club's chief executive said on Tuesday....Tags: England, General Motors Corp., Global Expansion, Financial Markets, Soccer
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Customer spending, credit quality boost Discover results
ReutersApril 23 (Reuters) - Credit card company Discover Financial Services' first-quarter profit beat analysts' expectations as customer spending rose and credit quality improved. The company, which has been trying to aggressively expand its various...Tags: Credit and Debt, Federal Reserve, eBay Inc., Loans, American Express Company
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Apr 22, 2013
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