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The health claims of Pom Wonderful were unsubstantiated, a judge ruled.
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MADRID (Reuters) - Spain's Prime Minister Mariano Rajoy said on Monday that urgent solutions were needed to guarantee financial stability in Europe rather than drawn-out debates on instruments that would take time to be implemented, such as euro bonds. "I believe that right now, it's much...(more)
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submitted by Robby for team staff news 2 days 13 hours 44 minutes ago
CAMDEN, N.J. (AP) -- Campbell Soup Co. is still struggling to heat up its lukewarm soup sales, with net income slipping by 5 percent in its fiscal third quarter even as the company spent more on marketing....
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THE NUMBERS: Campbell Soup Co. said its fiscal third-quarter profit fell 5 percent from last year's quarter to $177 million, or 55 cents per share....
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The prepackaged filing comes after Houghton Mifflin Harcourt reached a deal earlier this month with most of its creditors to restructure its $3.1 billion in debt.
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(Reuters) - Lowe's Cos Inc , the world's No. 2 home improvement chain, cut its fiscal-year earnings outlook and said demand slowed toward the end of the traditionally strong first quarter, sending its shares down nearly 10 percent.
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submitted by Robby for team staff news 2 days 15 hours 44 minutes ago
NEW YORK (Reuters) - JPMorgan Chase & Co Chief Executive Officer Jamie Dimon said on Monday the bank has suspended its repurchases of its stock but is maintaining its dividend, while working down losing trades in credit derivatives.
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NEW YORK (AP) -- Facebook's stock is tumbling well below its $38 IPO price in the social network's second day of trading as a public company on Monday....
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NEW YORK (Reuters) - Facebook Inc shares fell below their $38 issue price in premarket trading on Monday as support from underwriters of the initial public offering dissipated after its debut on Friday.
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submitted by Robby for team staff news 2 days 17 hours 44 minutes ago
BRUSSELS (Reuters) - France's Francois Hollande will push a proposal for mutualizing European debt at an informal summit of EU leaders in Brussels this week, increasing pressure on German Chancellor Angela Merkel to drop her opposition to the idea.
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MADRID (Reuters) - Spain said on Monday it would meet its deficit targets this year despite a new slippage in its regions' accounts and a further contraction of the economy in the second quarter.
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submitted by Robby for team staff news 2 days 18 hours 44 minutes ago
BEIJING (AP) -- A former Chinese tycoon who was convicted of illegally raising money for her business was sentenced Monday to prison after China's supreme court overturned a death sentence following a public outcry....
