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US Airways, America West in merger talks
Apr 19 2005 11:44PM (CT)
MONTGOMERY, Ala. (AP) - US Airways Group Inc. and America West are in advanced discussions to merge, creating a national low-cost airline that would better compete with discount rivals and complement each other geographically, US Airways' chairman said Tuesday night.
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Widow of top Enron exec criticizes film
Apr 19 2005 11:12PM (CT)
HOUSTON (AP) - The wife of a former top Enron Corp. executive who killed himself after the company fell apart challenged how her husband was portrayed in a documentary that was screened for former Enron employees Tuesday at half-price.
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Tokyo stock index opens higher
Apr 19 2005 10:31PM (CT)
TOKYO (AP) - Tokyo stocks rose Wednesday morning following gains on Wall Street and strong earnings from Intel and Yahoo. The dollar was down against the yen and the euro.
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Yahoo's first-quarter profit doubles
Apr 19 2005 10:19PM (CT)
SAN FRANCISCO (AP) - Yahoo Inc.'s first-quarter profit doubled as the Internet powerhouse continued to ride a rising tide of online advertising.
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Dow Jones faces scrutiny on stock proposal
Apr 19 2005 9:20PM (CT)
NEW YORK (AP) - Dow Jones & Co., which publishes The Wall Street Journal and other financial publications, is taking heat from shareholder advisory firms who oppose a proposal that would allow the Bancroft family to maintain voting control of the company even if they liquidate part of their holdings.
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Ameritrade loses 200,000 client files
Apr 19 2005 9:01PM (CT)
OMAHA, Neb. (AP) - Leading online discount broker Ameritrade Holding Corp. said Tuesday it has informed about 200,000 current and former customers that a backup computer tape containing their personal information has been lost.
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Intel's first-quarter profit jumps 25 pct.
Apr 19 2005 8:04PM (CT)
SAN JOSE, Calif. (AP) - Intel Corp.'s first-quarter profit jumped 25 percent Tuesday, driven by strong demand for microprocessors used in notebook computers and lower-than-expected costs associated with manufacturing and new technologies.
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Former Just For Feet executive sentenced
Apr 19 2005 7:54PM (CT)
BIRMINGHAM, Ala. (AP) - A former executive with Just For Feet Inc. was sentenced to 20 months in federal prison on fraud charges as the investigation into false earnings reports by the failed retail firm ended.
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Penney to target moderate-income shoppers
Apr 19 2005 7:34PM (CT)
PLANO, Texas (AP) - The chief executive of J.C. Penney Co. Inc. says his company will target moderate-income shoppers who are up for grabs because of turmoil caused by mergers among the company's rivals.
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Wells Fargo misses earnings estimate
Apr 19 2005 6:50PM (CT)
SAN FRANCISCO (AP) - Wells Fargo & Co.'s earnings growth slowed in the first quarter as the nation's fifth largest bank sustained more losses on high-risk consumer loans. Profits missed analysts' projections by a penny.
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Oil prices rally above $52 a barrel level
Apr 19 2005 6:49PM (CT)
NEW YORK (AP) - Crude prices rallied above $52 a barrel Tuesday, as traders bought contracts to cover earlier commitments made when prices were falling.
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Coke reports 11 pct. drop in 1Q profit
Apr 19 2005 6:47PM (CT)
ATLANTA (AP) - The Coca-Cola Co. reported an 11 percent drop in first-quarter profit, but still beat Wall Street expectations and saw its stock rise more than 3 percent. Shareholders, meanwhile, peppered the world's largest beverage maker at its annual meeting Tuesday with questions about human rights abuses and water depletion.
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Merrill Lynch 1Q profit falls 3 percent
Apr 19 2005 6:46PM (CT)
NEW YORK (AP) - Wall Street firm Merrill Lynch & Co. said Tuesday that its first-quarter earnings fell 3 percent from a year earlier. The results topped analysts' estimates and the company's shares rose in morning trading as it also announced a 25 percent increase in its quarterly dividend and a $4 billion stock buyback program.
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GM posts $1.1B 1Q loss on costs, charges
Apr 19 2005 6:44PM (CT)
DETROIT (AP) - General Motors Corp. reported its deepest quarterly loss in more than a decade _ $1.1 billion _ as rising health care costs and lackluster response to some new models hammered its North American business. With health costs not getting any cheaper and Asian automakers grabbing more of the market, the outlook for the world's largest automaker remains bleak.
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Former AOL executive gets 4-year sentence
Apr 19 2005 6:42PM (CT)
ALEXANDRIA, Va. (AP) - A former top executive at America Online was sentenced to nearly four years in prison Tuesday for defrauding the company.
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KPMG to pay $22.5M over Xerox audits
Apr 19 2005 6:34PM (CT)
WASHINGTON (AP) - KPMG LLP, the U.S. unit of Big Four accounting firm KPMG International, has agreed to pay $22.5 million to settle federal regulators' charges that it allowed Xerox Corp. to manipulate its accounting.
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Washington Mutual 1Q profits beat views
Apr 19 2005 6:20PM (CT)
SEATTLE (AP) - Washington Mutual Inc. said Tuesday that its first-quarter earnings fell nearly 14 percent, in large part because of a big gain in the same period a year earlier, but the financial services company still managed to beat Wall Street estimates.
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Farm subsidies negotiations suffer setback
Apr 19 2005 6:11PM (CT)
GENEVA (AP) - Talks to cut farm trade subsidies suffered a setback late Tuesday as negotiators failed to agree on how most rich countries should calculate their import duties.
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Crude oil futures stage strong rally
Apr 19 2005 6:08PM (CT)
NEW YORK (AP) - Gasoline and heating oil futures jumped Tuesday as a rash of refinery glitches around the country kindled fears of a supply shortage.
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3M CEO not a candidate for top Boeing job
Apr 19 2005 6:05PM (CT)
MAPLEWOOD, Minn. (AP) - 3M Co.'s chief executive and chairman, James McNerney Jr., said on Tuesday that he's not a candidate for the top job at Boeing Co.
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Prosecutor: broadband trial about 'lying'
Apr 19 2005 6:03PM (CT)
HOUSTON (AP) - The trial of five former executives from Enron Corp.'s failed broadband venture is about "lying for profit," a federal prosecutor told jurors Tuesday.
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Crude oil futures stage strong rally
Apr 19 2005 6:00PM (CT)
NEW YORK (AP) - Gasoline and heating oil futures jumped Tuesday as a rash of refinery glitches around the country kindled fears of a supply shortage.
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Bond prices end higher
Apr 19 2005 5:13PM (CT)
NEW YORK (AP) - Bond prices rose Tuesday, fueled by a government report that allayed inflation fears. Stocks also got a boost.
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Borders lowers 1Q earnings forecast
Apr 19 2005 5:05PM (CT)
ANN ARBOR, Mich. (AP) - Weak sales of music and best-selling books so far this year prompted Borders Group Inc. Tuesday to lower its first-quarter earnings estimate.
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Fitch lowers long-term outlook for Berkshire
Apr 19 2005 4:51PM (CT)
OMAHA, Neb. (AP) - Concern about an insurance investigation and the ability to find a successor who could match billionaire Warren Buffett's investment expertise prompted Fitch Ratings to lower its outlook Tuesday on Berkshire Hathaway Inc.'s triple-A bond rating from stable to negative.
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Gov't rests case vs. ex-HealthSouth CEO
Apr 19 2005 4:43PM (CT)
BIRMINGHAM, Ala. (AP) - Prosecutors rested their case against fired HealthSouth Corp. CEO Richard Scrushy on Tuesday after 12 weeks of trial that included testimony by five former finance chiefs linking Scrushy to a $2.7 billion earnings overstatement.
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KVH to offer satellite receivers in GM SUVs
Apr 19 2005 4:30PM (CT)
NEW YORK (AP) - KVH Industries Inc., a maker of satellite TV receivers for cars, boats and trucks, Tuesday said its system will be offered as an option in Cadillac Escalade SUVs, the first deal of its kind.
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Journal Register profits dip on ad revenues
Apr 19 2005 4:23PM (CT)
TRENTON, N.J. (AP) - Profits at the Journal Register Co. fell 27 percent in the first quarter as costs of complying with new securities regulations soared and advertising revenues were dampened by snowy winter in the newspaper company's Northeast markets.
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Mellon 1Q profit edges up on fee growth
Apr 19 2005 4:20PM (CT)
PITTSBURGH (AP) - Mellon Financial Corp. said Tuesday that its profit grew 4 percent in the first quarter, driven by solid growth in fees from its investment management and institutional trust and custody services.
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Kraft 1Q profits rise 27 percent
Apr 19 2005 4:19PM (CT)
NORTHFIELD, Ill. (AP) - Kraft Foods Inc., the nation's largest food manufacturer, posted a 27 percent increase in first-quarter profit on Tuesday, helped by gains from business sales and fewer restructuring charges. However, Kraft said that higher commodity costs substantially cut into operating earnings.
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Alcatel promotes U.S. boss to COO
Apr 19 2005 4:18PM (CT)
PARIS (AP) - French telecommunications equipment maker Alcatel SA promoted the head of its U.S. arm, Mike Quigley, to the parent company's No. 2 job Tuesday, replacing former chief operating officer Philippe Germond, who resigned last week.
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MCI to buy Internet-protocol software line
Apr 19 2005 4:15PM (CT)
ASHBURN, Va. (AP) - MCI Inc. agreed to buy the Interactive Content Factory, or ICF, software product line from TWI, a unit of British independent production company IMG Worldwide Inc.
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MGM Mirage 1Q profit up on hotel results
Apr 19 2005 4:14PM (CT)
LAS VEGAS (AP) - MGM Mirage Inc., the world's second-largest gambling company, said Tuesday that first-quarter earnings rose 5 percent, led by strong volumes and continued strength in hotel results _ a reflection of a strong convention calendar, increased room rates and new amenities.
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Report: Saks plans to sell midprice chains
Apr 19 2005 4:13PM (CT)
NEW YORK (AP) - Saks Inc. is making plans to sell its midprice chains in two geographic clusters, according to a published report _ a move that could pave the way for a sale of its remaining Saks Fifth Avenue luxury division.
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Krispy Kreme shares plunge on deadlines
Apr 19 2005 4:12PM (CT)
CHARLOTTE, N.C. (AP) - Shares of Krispy Kreme Doughnuts Inc. fell sharply Tuesday, one day after the struggling doughnut chain said it will miss key deadlines for regulatory filings and show mounting losses when it does file the reports.
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Hershey changes its name, doubles shares
Apr 19 2005 4:11PM (CT)
HERSHEY, Pa. (AP) - Hershey Foods Corp., the nation's largest candymaker, became The Hershey Co. on Tuesday, and the company immediately unveiled a new logo that mimics the wrapping on its well-known Hershey's chocolate bar.
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Stent sales fuel Boston Scientific profit
Apr 19 2005 4:11PM (CT)
BOSTON (AP) - Boston Scientific Corp. said its first-quarter profit rose 85 percent as the medical device maker extended a more than yearlong profit surge on sales of its market-leading drug-coated heart stent.
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Viacom net income down, revenues climb
Apr 19 2005 4:08PM (CT)
NEW YORK (AP) - Viacom Inc., the media conglomerate that owns CBS and MTV, reported Tuesday that its net income fell from a year ago when it recorded a tax benefit, but revenues rose 5 percent on growth in its cable networks division.
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Royal Dutch Shell to sell InterGen unit
Apr 19 2005 4:06PM (CT)
NEW YORK (AP) - In a big boost to its asset-shedding drive, Royal Dutch/Shell Group of Cos. Tuesday said it agreed to sell its InterGen N.V. power-plant business to a duo comprised of the private-equity arms of American International Group Inc. and the Ontario Teachers' Pension Plan for $1.75 billion.
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ABB: U.S. knew of payment irregularities
Apr 19 2005 4:05PM (CT)
ZURICH, Switzerland (AP) - ABB Ltd., the Swiss-Swedish electrical engineering giant, said Tuesday that it had notified U.S. authorities of $560,000 in suspect payments by employees of an American subsidiary.
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Lucent profit quadruples on wireless demand
Apr 19 2005 4:03PM (CT)
NEWARK, N.J. (AP) - Telecom equipment maker Lucent Technologies Inc. reported Tuesday that second-quarter earnings quadrupled from a year ago due to strong demand for wireless network products, and said it will combine its mobility and wireline businesses into a single unit. Its shares rose more than 10 percent.
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RadioShack profit dips on wireless business
Apr 19 2005 4:00PM (CT)
FORT WORTH, Texas (AP) - Electronics retailer RadioShack Corp. said first-quarter earnings fell 19 percent from last year, pulled down by weakness in its wireless business, and the company gave a surprisingly cautious forecast for the rest of the year.
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Taser's 1Q profit dips on dwindling sales
Apr 19 2005 3:52PM (CT)
NEW YORK (AP) - Taser International Inc. on Tuesday posted a sharp drop in first-quarter earnings as the controversy over the safety of its stun guns cut into sales and led to an increase in legal and insurance fees for the period.
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Drugmaker 1Q results differ wildly
Apr 19 2005 3:46PM (CT)
NEW YORK (AP) - Pfizer Inc., the world's biggest drug company, reported Tuesday an 87 percent plunge in first-quarter profits, due partly to its now withdrawn pain reliever Bextra, which it said will drive full-year earnings below its previously announced forecast.
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EMC earnings nearly double on business
Apr 19 2005 3:45PM (CT)
BOSTON (AP) - EMC Corp. shares climbed more than 13 percent after the data storage company reported its first-quarter profit nearly doubled on double-digit sales growth across its data systems, software and professional services segments.
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Bausch & Lomb's 1Q earnings soar on sales
Apr 19 2005 3:44PM (CT)
ROCHESTER, N.Y. (AP) - Bausch & Lomb Inc., benefiting from double-digit growth in sales of eye-care drugs and contact-lens cleansing solutions, posted a 47 percent jump in first-quarter profit and handily beat Wall Street forecasts. Its shares rose more than 7 percent.
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Pulitzer posts profit dip on search costs
Apr 19 2005 3:38PM (CT)
ST. LOUIS (AP) - Newspaper publisher Pulitzer Inc. said Tuesday its first-quarter earnings slid 13.6 percent from a year ago, reflecting costs associated with the search for a buyout partner that led to its pending sale to Lee Enterprises Inc.
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Ford, Mazda and Chinese partner sign pact
Apr 19 2005 3:33PM (CT)
NANJING, China (AP) - Ford Motor Co., Japan's Mazda Motor Corp. and Chinese partner Changan Automotive Group announced a joint venture Tuesday to build a new engine plant in the eastern Chinese city of Nanjing.
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Peabody's 1Q profit more than doubles
Apr 19 2005 3:28PM (CT)
ST. LOUIS (AP) - Peabody Energy Corp., the nation's largest coal company, said Tuesday its first-quarter earnings more than doubled on higher demand and prices, beating Wall Street's expectations. The company also raised its outlook for 2005.
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Lawyer: Swartz, not Tyco, to buy apartments
Apr 19 2005 2:31PM (CT)
NEW YORK (AP) - A real estate lawyer testified Tuesday that Mark H. Swartz, Tyco International Ltd.'s former chief financial officer, or a trust Swartz controlled, was planning to buy several apartments in a luxurious Trump building in Manhattan.
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National Cancer Institute halts drug trial
Apr 19 2005 1:41PM (CT)
NEW YORK (AP) - The National Cancer Institute said on Monday it halted a trial it was sponsoring of AstraZeneca PLC cancer drug Iressa because the medicine was not increasing patients' survival.
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Perelman testifies recommendation 'pivotal'
Apr 19 2005 1:36PM (CT)
WEST PALM BEACH, Fla. (AP) - Billionaire financier Ron Perelman testified Tuesday that a recommendation from Morgan Stanley was "pivotal" in his decision to sell his camping equipment company in a 1998 deal that ultimately lost him $680 million.
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Coca-Cola vows to change perception abroad
Apr 19 2005 1:10PM (CT)
ATLANTA (AP) - The Coca-Cola Co. vowed Tuesday to change the perception of people who still believe it permits abusive practices abroad, a tough sell to some shareholders who bombarded the world's biggest beverage company with questions about human rights and water depletion.
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Akzo Nobel profit rises on one-time gain
Apr 19 2005 1:04PM (CT)
AMSTERDAM, Netherlands (AP) - The Dutch chemicals maker Akzo Nobel NV said on Tuesday its first-quarter net profit doubled, helped mostly by a one-time payment from Johnson & Johnson.
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HIT Entertainment backs Apax takeover bid
Apr 19 2005 12:53PM (CT)
LONDON (AP) - HIT Entertainment PLC, the producer of the children's shows "Bob the Builder" and "Barney," on Tuesday reiterated its support for a $917 million takeover bid from equity firm Apax Partners and announced a deadline for two other interested parties to make an offer.
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Johnson & Johnson posts 1Q profit jump
Apr 19 2005 12:27PM (CT)
TRENTON, N.J. (AP) - Health-care company Johnson & Johnson posted a 17.4 percent increase in first-quarter profit Tuesday, trouncing market forecasts as double-digit jumps in medical device and consumer product sales offset soft U.S. pharmaceutical sales.
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London shares are higher
Apr 19 2005 12:25PM (CT)
LONDON (AP) - Share prices were higher on the London Stock Exchange Tuesday.
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Target's shares down on poor April sales
Apr 19 2005 12:18PM (CT)
NEW YORK (AP) - Target Corp.'s shares fell nearly 3 percent Tuesday, a day after the discount retailer warned that April sales were running at the low end of expectations.
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U.S. Bancorp first-quarter earnings grow
Apr 19 2005 12:14PM (CT)
MINNEAPOLIS (AP) - U.S. Bancorp said Tuesday that first-quarter earnings grew 6 percent as growth in fee-based businesses and lower credit costs helped the financial company overcome weaker net interest income.
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Roche 1Q revenue up on Tamiflu sales
Apr 19 2005 12:05PM (CT)
BASEL, Switzerland (AP) - Swiss pharmaceutical company Roche Holding AG on Tuesday reported a 14 percent rise in first-quarter revenue to 8.09 billion Swiss francs ($6.8 billion), thanks in part to strong sales of its influenza drug Tamiflu.
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Sears catering to Hispanic women with line
Apr 19 2005 11:59AM (CT)
HOFFMAN ESTATES, Ill. (AP) - Sears Holdings Corp. and Latina Media Ventures, the publisher of Latina magazine, Tuesday said they would create a new line of apparel, footwear and handbags designed for Hispanic women.
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Icahn says Blockbuster should be sold
Apr 19 2005 11:47AM (CT)
DALLAS (AP) - Corporate raider Carl C. Icahn, who has been feuding with management of Blockbuster Inc. for several weeks, said Tuesday that the big movie-rental chain should be sold.
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National City earnings drop by 32 percent
Apr 19 2005 11:32AM (CT)
CLEVELAND (AP) - National City Corp. on Tuesday said first-quarter earnings fell 32 percent from a year earlier, when the bank holding company booked gains from the sale of seven branches and a credit card processing unit.
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CalPERS adds Thailand, Sri Lanka to list
Apr 19 2005 11:31AM (CT)
HONG KONG (AP) - After a three-year snub, CalPERS, the biggest pension fund in the United States, has added Thailand and Sri Lanka to a list of Asian emerging markets where the fund can invest.
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eBay seeks to double authorized shares
Apr 19 2005 11:17AM (CT)
WASHINGTON (AP) - Internet auction site eBay Inc. is seeking to double the number of its authorized common shares to 3.58 billion, which would allow it to keep splitting its stock.
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Service contractors welcome in Mideast
Apr 19 2005 11:08AM (CT)
HOUSTON (AP) - Even as the largest oil companies remain shut out from many of the world's best fields, U.S. oil services companies are winning billions of dollars in new business in the Middle East and Russia.
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Wells Fargo's earnings growth slows in 1Q
Apr 19 2005 11:03AM (CT)
SAN FRANCISCO (AP) - Wells Fargo & Co.'s earnings growth slowed in the first quarter as the nation's fifth largest bank sustained more losses on high-risk consumer loans and prepared to capitalize on rising interest rates. Profits missed analysts' projections by a penny.
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Pfizer 1Q net income plunges on charges
Apr 19 2005 9:39AM (CT)
NEW YORK (AP) - Pfizer Inc., the world's biggest drug company, said its first quarter net income plunged 87 percent because of numerous charges, including one for suspending sales of its pain reliever Bextra, which it said will drive earnings for the year below its previously announced forecast. Its shares slipped.
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U.S. official urges Hong Kong to open skies
Apr 19 2005 9:37AM (CT)
HONG KONG (AP) - The U.S. transportation secretary warned Hong Kong on Tuesday that it will lose its status as a global aviation hub if it doesn't sign an agreement with Washington to open its skies further.
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TAP Pharmaceutical pulls TV ads for drug
Apr 19 2005 9:28AM (CT)
LAKE FOREST, Ill. (AP) - TAP Pharmaceutical Products Inc. has pulled a nearly $100 million television advertising campaign for its heartburn drug Prevacid to focus on print media that it hopes will better explain the drug's potential side effects and health risks.
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Delaware High Court clears Oracle execs
Apr 19 2005 9:27AM (CT)
NEW YORK (AP) - Delaware's highest court has cleared Oracle Corp.'s top executives of allegations of insider trading _ a ruling handed down at a time when courts are grappling with unprecedented scrutiny of directors and officers accused of putting their own interests ahead of shareholders.
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Jury begins deliberating Pinault suit
Apr 19 2005 9:26AM (CT)
LOS ANGELES (AP) - A federal lawsuit that accused billionaire Francois Pinault of concealing the French government's stake in failed California insurer Executive Life is in the hands of a jury.
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BASF plans to buy back $1.95B in shares
Apr 19 2005 9:12AM (CT)
FRANKFURT, Germany (AP) - BASF AG, the world's biggest chemicals company, said Tuesday it plans to buy back another 1.5 billion euros ($1.95 billion) in shares through 2005.
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Report: Cablevision raises Adelphia bid
Apr 19 2005 8:28AM (CT)
NEW YORK (AP) - Cablevision Systems Corp., a New York-area cable TV systems owner, has raised its bid for Adelphia Communications Inc. to $17.1 billion in a move that could threaten a competing offer from Time Warner Inc. and Comcast Corp., The Wall Street Journal reported Tuesday.
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Tata Consultancy profit dips on weak dollar
Apr 19 2005 8:23AM (CT)
BOMBAY, India (AP) - India's top software company Tata Consultancy Services Ltd. on Tuesday said its fourth quarter net profit dropped 34 percent from the previous quarter, mostly due to a weakening dollar and employee bonuses.
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Dow Chemical names Merszei its new CFO
Apr 19 2005 8:18AM (CT)
MIDLAND, Mich. (AP) - Dow Chemical Co. announced Tuesday that Geoffery E. Merszei will become its next chief financial officer, succeeding J. Pedro Reinhard later this year.
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Martha Stewart gets own channel on Sirius
Apr 19 2005 7:36AM (CT)
NEW YORK (AP) - Six weeks after being released from federal prison, Martha Stewart has reached a deal with Sirius Satellite Radio Inc. to create a 24-hour channel featuring cooking, gardening and entertaining programming for women.
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Government upgrades probe of GM pickups
Apr 19 2005 7:15AM (CT)
WASHINGTON (AP) - The government has upgraded its investigation into reports that tailgates are falling off the back of some General Motors Corp. pickup trucks without warning.
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German economic sentiment drops sharply
Apr 19 2005 6:54AM (CT)
FRANKFURT, Germany (AP) - Germany's economic sentiment fell sharply in April on weaker manufacturing orders and signs that global activity was softening, the ZEW Institute said Tuesday.
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General Motors says 1Q China sales rise
Apr 19 2005 6:39AM (CT)
SHANGHAI, China (AP) - General Motors Corp., the world's largest automaker, said Tuesday it sold 132,401 vehicles to dealerships in China in the first quarter, up 1.3 percent from the same period last year.
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British inflation increases in March
Apr 19 2005 6:35AM (CT)
LONDON (AP) - Price increases in airfares and staple foods pushed consumer prices higher in March, the Office for National Statistics said Tuesday.
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Moscow court freezes Yukos' main assets
Apr 19 2005 5:38AM (CT)
MOSCOW (AP) - A Moscow court has ordered the main assets still held by Yukos frozen in response to a lawsuit brought by the oil company's former core production unit, piling more pressure on the shattered business.
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ABB: U.S. told of unit's irregularities
Apr 19 2005 4:43AM (CT)
ZURICH, Switzerland (AP) - ABB Ltd., the Swiss-Swedish electrical engineering company, said Tuesday that it had reported to U.S. authorities $560,000 in suspect payments by employees of an American subsidiary.
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Fan club seeks to revive Surge soda
Apr 19 2005 4:18AM (CT)
CARLISLE, Pa. (AP) - Surge blasted into the cola wars in 1997, billed as a "fully loaded citrus soda" and backed by TV ads that showed kids tripping over each other to grab a bottle.
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Canola oil studied as possible fuel source
Apr 19 2005 12:54AM (CT)
MINOT, N.D. (AP) - Researchers in North Dakota planned to test canola oil as a possible source of diesel engine fuel by powering three tractors with a canola-derived "biodiesel."
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World leaders urged to adopt trade treaty
Apr 19 2005 12:43AM (CT)
UNITED NATIONS (AP) - Secretary-General Kofi Annan urged world leaders to adopt a treaty to liberalize global trade next year which, as a crucial first step, would give exports from the poorest countries tariff-free and quota-free access to all markets.
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Merck to launch discount card
Apr 19 2005 12:16AM (CT)
NEW YORK (AP) - Merck & Co. said Tuesday it will launch a card that will discount its drugs for uninsured Americans regardless of their age or income.
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