Archive for the 'business' Category

Jan 31 2008

Senate Democrats Short of Votes for Stimulus Bill

Democrats acknowledged that a vote on the $161 billion economic stimulus package might have to be delayed.

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Jan 31 2008

H.P. Case to Go Forward in India

After an H.P. employee was raped and killed by a driver the company employed, India?s highest court may force international firms to do more to guard local workers? safety.

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Jan 31 2008

MasterCard Profit Soars on Global Business

Strong spending abroad and its sale of stock in a Brazilian company lifted MasterCard?s profit in the fourth quarter by about seven-fold, sending shares sharply higher.

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Jan 31 2008

Stocks Rebound on Comments From Bond Insurer

Wall Street climbed back from an early morning slide as investors hoped that reassuring news about the bond insurance industry would stick.

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Jan 31 2008

CVS Profit Nearly Doubles With Caremark

The pharmacy chain said fourth-quarter earnings after preferred dividends jumped to $811.2 million with its acquisition of the pharmacy-benefits manager.

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Jan 31 2008

Bristol Reports Loss on Charges

Charges to retire debt and finance the proposed settlement of a probe into its marketing practices more than offset strong sales growth at Bristol-Myers, which posted a loss of $133 million.

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Jan 31 2008

Bond-Insurer News Lifts Stocks

Reports that MBIA reassured investors about its AAA rating boosted sentiment Thursday

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Jan 31 2008

Setting a Higher Bar At Sony

After the consumer-electronics giant reported record earnings, BW asked analysts what Howard Stringer and Co. should focus on next

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Jan 31 2008

AstraZeneca Profit Down 12.5 Percent

Citing its acquisition of MedImmune and falling demand for its ulcer treatment, the drugmaker said earnings fell to $1.27 billion in the fourth quarter.

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Jan 31 2008

Consumer spending anemic in December

Consumers increased their spending at the weakest pace in six months while applications for unemployment benefits soared last week, two more signs the economy is weakening.

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