business
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SINGAPORE (AP) -- Oil prices hovered below $99 a barrel Thursday in Asia as U.S. crude demand lags the overall improvement in the world's biggest economy....
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Despite recent sales gains, the New York fashion retailer has hired advisers to help manage an unwieldy debt load that is to mature this fall.
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Diamond Foods Inc., one of the world's largest snack companies, placed its CEO and chief financial officer on administrative leave after the board of directors concluded that the San Francisco company improperly... Presented By: Chicago Booth Business Forecast http://dlvr.it/18Nx0g"> Ads by Pheedo
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submitted by Robby for team staff news 1 hour 54 minutes ago
Cisco Systems, the biggest maker of networking equipment, reported profit and sales that exceeded analysts' estimates, signaling that corporate-network revenue helped make up for slower spending by phone and cable...
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Diamond said it would replace its chief executive and chief financial officer after its board found the company booked payments to walnut growers in the wrong periods.
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submitted by Robby for team staff news 2 hours 54 minutes ago
ATHENS (Reuters) - Greek political leaders failed early on Thursday to sign off on a tough reform and austerity program, the price of a new international bailout for the nation, but Prime Minister Lucas Papademos said they would try to strike a deal within hours.
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submitted by Robby for team staff news 3 hours 54 minutes ago
NEW YORK/CHICAGO (Reuters) - Some American Airlines unsecured creditors increasingly feel the bankrupt airline should explore a deal with US Airways Group or another carrier, after hearing parent company AMR Corp's plan to remain independent, people familiar with the situation said.
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(Reuters) - California and New York, two key holdout states for a multi-state mortgage settlement, are expected to join the deal, smoothing the way for an announcement expected on Thursday, according to a person familiar with the matter.
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submitted by Robby for team staff news 4 hours 54 minutes ago
(Reuters) - Network equipment maker Cisco Systems Inc promised further revenue growth after its second quarter results beat estimates, thanks to a restructuring, leading to a dividend increase.
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submitted by Robby for team staff news 4 hours 54 minutes ago
LOS ANGELES (AP) -- The chief economist for the National Association of Home Builders says he expects U.S. sales of new homes and single-family home construction to improve this year over 2011, when they hit record lows....
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submitted by Robby for team staff news 5 hours 54 minutes ago
(Reuters) - Visa Inc reported a higher quarterly profit as the world's largest credit and debit card processing network benefited from consumers swiping their cards more, and authorized a new $500 million share repurchase program.
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submitted by Robby for team staff news 5 hours 54 minutes ago
SAN FRANCISCO (AP) -- Diamond Foods Inc. is replacing its CEO and chief financial officer after an internal investigation found that the company improperly accounted for payments to walnut growers and needs to restate two years of financial results....
