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Retailers report strong January sales
NEW YORK (AP) — Sometimes, the devil is in the deals. Americans shopped the winter clearance racks in January, resulting in strong sales during the month for retailers. But spending is expected to slow as the deals dry up heading into the spring,...
Tags: Old Navy, Cato Corporation, Consumers, Macy's, Gregg Steinhafel
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Retail sales rise 5.8%, but cold weather and payroll taxes sting
Shoppers trod carefully in January, lured into stores by retailers dangling post-holiday clearance deals but spending sparingly to balance out higher payroll taxes and lingering economic uncertainty. Same-store sales at major retailers such as...
Tags: Hasbro Inc., Nordstrom, Gregg Steinhafel, Thomson Corporation, Target Brands, Inc.
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Health insurer WellPoint offers cautious outlook for 2013
Health insurance giant WellPoint Inc. issued a lower-than-expected profit outlook for 2013 as it prepares for the federal healthcare overhaul and continues to search for a new chief executive. WellPoint, which runs Anthem Blue Cross in California and...Tags: Corporate Officers, Government Health Care, Earnings, Flu, Finance
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Sinclair Broadcast says profits soared in fourth quarter
Sinclair Broadcast Group Inc. said profits soared in the fourth quarter, capping a presidential election year in which the Hunt Valley TV station owner saw record levels of political advertising, a rebound in auto advertising sales and rapid growth...
Tags: ABC (tv network), CBS Corp., Politics, Automotive Equipment, Media Industry
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Toyota posts big profit helped by North American sales rebound
Toyota Motor Corp. profits soared in the latest quarter, helped by strong sales in North America and a slide in the value of the Japanese yen. Toyota, which surpassed GM in 2012 to become the world’s largest auto company, said profit for its third...
Tags: Ford, Lexus, North America, Vehicles, Toyota
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Caterpillar 4Q earnings fall by half
MINNEAPOLIS (AP) - Caterpillar's fourth-quarter net income fell by half after it took a big charge for a deal in China that went bad, and because of slower growth in China and economic uncertainty in the U.S. and Europe. Still, its adjusted profit and...Tags: China, Caterpillar Inc.
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Occidental Petroleum's fourth-quarter profit beats estimates
Occidental Petroleum Corp. reported better-than-expected fourth-quarter earnings on Thursday, sending its stock up on Wall Street. The Westwood-based company, already the biggest producer of oil inside the U.S., said its domestic production of oil...
Tags: Economy, Business and Finance, Companies and Corporations, Earnings, Energy Resources, Occidental Petroleum Corp.
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UPS earnings fall shy of analysts' expectations; weak '13 forecast
Fourth-quarter earnings for shipping giant UPS fell short of analysts' expectations as holiday consumer spending was weaker than anticipated, the company reported Thursday. United Parcel Service Inc. reported a net loss of $1.75 million for the fourth...
Tags: Economic Indicator, TNT (tv network), Companies and Corporations, Economy, Business and Finance, Globalization
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Wii U's weak sales hurt Nintendo earnings
In an admission that the launch of its new Wii U console has been slower than hoped, Nintendo Co. slashed its earnings forecast on Wednesday. The Japanese gaming giant said its revenue for the fiscal year ending March 31 would be about $7.35 billion,...
Tags: Nintendo DS, Microsoft Corporation, Sony Corp., Gaming Industry, Gaming
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Boeing says it will find cause of 787 problems, defends batteries
Aerospace giant Boeing Co. said it is confident it will get to the root cause of the battery problems with its problem-plagued 787 Dreamliner passenger jet. The company's newest plane has been grounded since Jan. 16 by the Federal Aviation...
Tags: Economy, Business and Finance, Companies and Corporations, Air Transportation Industry, National Transportation Safety Board, Transportation Accidents
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Amazon revenue up 22% to $21.3 billion during holiday quarter
Amazon.com Inc. saw big sales during the holiday season, reporting Tuesday that fourth-quarter revenue rose 22% to $21.27 billion from the same quarter a year earlier. But the Internet retail giant's sales and earnings missed Wall Street's estimates....
Tags: Amazon Kindle, Companies and Corporations, Economy, Business and Finance, Earnings, E-Commerce Industry
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MarksJarvis: Investors seek encouraging words in quarterly reports
Investors have been ducking for two days — laying low while they hope that corporate executives assure them during the next few weeks that companies have come through a soft patch and can produce strong profits in 2013. The market has entered...Tags: Stock Market, Pharmaceuticals, Science and Technology, Consumers, Technology
Feb 7, 2013
|Story| Petoskey News
Feb 7, 2013
|Story| Los Angeles Times
Jan 23, 2013
|Story| Los Angeles Times
Feb 6, 2013
|Story| Baltimore Sun
Feb 5, 2013
|Story| Los Angeles Times
Feb 1, 2013
|Story| Aberdeen News
Jan 31, 2013
|Story| Los Angeles Times
Jan 31, 2013
|Story| Los Angeles Times
Jan 30, 2013
|Story| Los Angeles Times
Jan 30, 2013
|Story| Los Angeles Times
Jan 29, 2013
|Story| Los Angeles Times
Jan 9, 2013
|Column| Chicago Tribune
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