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Posted: February 6th, 2008, 12:10pm EST
The company said it plans to separate AOL’s access business, which is its dial-up Internet service, from its audience unit, its portal and advertising business.
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Posted: February 6th, 2008, 11:57am EST
BHP increased its takeover offer to about $147 billion after a Chinese rival bought a stake in Rio Tinto last week.
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Posted: February 6th, 2008, 11:30am EST
The health insurer said its fourth-quarter profit rose 13 percent on higher premiums and fees from specialty insurance and Medicare Part D.
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Posted: February 6th, 2008, 10:40am EST
The newspaper publisher recorded $4.2 million profit in the third quarter, but it saw advertising revenue erode more quickly in September.
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Posted: February 6th, 2008, 10:23am EST
The food and household products manufacturer said that its third-quarter profit doubled, but the results fell short of Wall Street expectations.
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Posted: February 6th, 2008, 10:10am EST
The biotechnology company reported fourth-quarter net income of $201.2 million on strong sales of its two leading drugs, Rituxan and Avonex.
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Posted: February 6th, 2008, 10:09am EST
Polo’s lower tax rate helped it offset the negative effects of accounting for recent acquisitions, investments in expansion and higher costs.
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Posted: February 6th, 2008, 10:00am EST
Retail sales fell by 0.6 percent last month as consumers, battered by plunging home prices and a credit crunch, stayed away from the malls in February.
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Posted: February 6th, 2008, 10:00am EST
The comapny reported a quarterly loss of $369.9 million, citing taxes, difficulty in its mortgage referral unit and costs for proposed spinoffs that would make five companies out of one.
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Posted: February 6th, 2008, 9:59am EST
The company, which makes night-vision systems, military radios and sewage treatment equipment among other products, reported quarterly net income of $158.3 million.
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Posted: February 6th, 2008, 9:36am EST
The company posted first-quarter net income of $949 million, fueled by strong demand from telecommunications customers and a tax benefit.
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Posted: February 6th, 2008, 9:14am EST
The company beat Wall Street expectations as lower income tax expenses and increased digital revenue drove fourth-quarter profit up.
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Posted: February 6th, 2008, 8:29am EST
Stocks plummeted after a business survey provided another strong signal that the United States might be in the early stages of a recession.
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Posted: February 6th, 2008, 3:56am EST
Asian markets plunged after a new signal of U.S. recession prompted steep declines on Wall Street.
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Posted: February 6th, 2008, 3:54am EST
In brief remarks to photographers, Jérôme Kerviel said that while he took responsibility for booking billions of euros in fictitious trades, he was “singled out” by Société Générale.
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Posted: February 6th, 2008, 3:06am EST
Toyota said its profit rose 7.5 percent in the October-to-December quarter as its strategy of shifting its focus to emerging markets appears to be paying off.
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Posted: February 6th, 2008, 3:06am EST
The company that produced a commercial featuring two animated pandas speaking with what were intended as Chinese accents is withdrawing the ads after complaints.
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Posted: February 6th, 2008, 3:01am EST
Whatever the outcome of Microsoft’s bid for Yahoo, the move and Google’s countermoves mark an escalation in the confrontation between the two companies.
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Posted: February 6th, 2008, 2:42am EST
Frank Gehry’s problematic Santa Monica, Calif., shopping mall won’t be razed, but it’s losing its roof.
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Posted: February 6th, 2008, 2:42am EST
Mr. Illy, who as chairman of Illycaffè, maker of an expensive brand of coffee, was renowned as a scientific perfectionist of coffee and as an evangelist of espresso.
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Posted: February 6th, 2008, 1:56am EST
A French court ordered Ryanair to pay damages to President Nicolas Sarkozy and his new wife for using a photograph of them in an advertisement.
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Posted: February 6th, 2008, 1:49am EST
The “Red” campaign launched a year ago by rock star Bono has generated more than $22 million to fight H.I.V. and AIDS in Rwanda, but critics say not enough money is getting to clinics.
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Posted: February 6th, 2008, 1:33am EST
Ukraine joined the World Trade Organization on Tuesday after 14 years of negotiations, a milestone for the former Soviet republic.
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Posted: February 6th, 2008, 1:20am EST
A former Dow Jones & Company director and three associates will pay more than $24 million to settle charges that they traded illegally on inside knowledge of the News Corporation’s takeover of Dow Jones.
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Posted: February 6th, 2008, 1:16am EST
Disney posted a quarterly profit far ahead of Wall Street targets on strong results at its theme park, media and consumer products groups, sending shares up 5 percent.
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Posted: February 6th, 2008, 12:55am EST
Excluding cancellations, 2007 was the worst on record for flight delays, with 24.2 percent of flights arriving late, compared with 23.9 percent in 2000.
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Posted: February 6th, 2008, 12:51am EST
The bank solicited business from companies it knew had been accused of telemarketing crimes, documents show.
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Posted: February 6th, 2008, 12:45am EST
The battle over Rio Tinto intensified after BHP Billiton increased its takeover offer to about $147 billion after a Chinese rival bought a stake last week.
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Posted: February 6th, 2008, 12:45am EST
The company said its net income rose to $156 million, or 59 cents a share, from $45 million, or 29 cents a share in the period a year earlier.
