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BHP details Rio Tinto merger savings
Nov 12 2007 5:37PM (CT)
MELBOURNE, Australia (AP) - BHP Billiton Ltd., the world's largest miner, unveiled Monday the cost cuts and profits it said it would achieve through its proposed takeover of rival Rio Tinto Ltd.
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E-Trade loses more than half its value
Nov 12 2007 5:30PM (CT)
NEW YORK (AP) - Shares of online brokerage E-Trade Financial Corp. lost more than half their value Monday, with a Citigroup analyst saying customers were poised to flee and the company was at risk of bankruptcy.
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Constellation Brands buys rival wine ops
Nov 12 2007 5:08PM (CT)
FAIRPORT, N.Y. (AP) - Constellation Brands Inc. is staking a bigger claim in the more profitable end of the U.S. wine market with a deal to add Clos du Bois to its collection of $8 to $11 wines led by Robert Mondavi Private Selection.
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Blackstone posts 3Q loss on IPO charges
Nov 12 2007 4:51PM (CT)
NEW YORK (AP) - Blackstone Group LP President and Chief Operating Officer Hamilton James said Monday the slumping private-equity market might not fully rebound until major Wall Street banks get a better handle on the credit crisis.
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Tyson has 4Q profit, offers weak outlook
Nov 12 2007 4:44PM (CT)
LITTLE ROCK, Ark. (AP) - Tyson Foods Inc., the world's largest meat company, announced Monday it plans to expand its foreign business. The news came as the company reported a return to profit for its fourth quarter but forecast earnings for this year below what analysts were expecting.
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Oil prices fall on OPEC expectations
Nov 12 2007 3:43PM (CT)
NEW YORK (AP) - Oil futures fell Monday but came back from earlier lows after Saudi Arabia's oil minister appeared to defuse rumors that the oil cartel might agree to boost production at a meeting this weekend.
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Gold prices plummet as dollar rebounds
Nov 12 2007 3:13PM (CT)
NEW YORK (AP) - Commodities prices skidded Monday as a strengthening U.S. dollar at least temporarily halted a nearly three-month rally in gold, oil and other raw materials. Gold briefly fell below $800 an ounce.
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Holiday fliers told to expect long lines
Nov 12 2007 2:03PM (CT)
WASHINGTON (AP) - The airline industry is urging Thanksgiving travelers to get to the airport extra early this year, and to expect longer-than-usual lines at security checkpoints, due to an anticipated 4 percent jump in passenger traffic.
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P&G ad effort focuses on black women
Nov 12 2007 2:01PM (CT)
CINCINNATI (AP) - There's a little-girl memory that Najoh Tita-Reid recounts, as a way of explaining what's behind a new campaign by the nation's biggest advertiser.
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P&G ad effort focuses on black women
Nov 12 2007 2:01PM (CT)
CINCINNATI (AP) - There's a little-girl memory that Najoh Tita-Reid recounts, as a way of explaining what's behind a new campaign by the nation's biggest advertiser.
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P&G ad effort focuses on black women
Nov 12 2007 2:01PM (CT)
CINCINNATI (AP) - There's a little-girl memory that Najoh Tita-Reid recounts, as a way of explaining what's behind a new campaign by the nation's biggest advertiser.
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Asian markets fall on Wall Street drop
Nov 12 2007 8:34AM (CT)
TOKYO (AP) - Asian markets fell sharply Monday after Wall Street declined at the end of last week on renewed concerns about U.S. mortgage problems. European markets, however, were mixed in early morning trade.
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Nymex buys stake in Norway's Imarex
Nov 12 2007 7:29AM (CT)
OSLO, Norway (AP) - Nymex Holdings Inc., the parent company of the New York Mercantile Exchange, will buy a 15.1 percent stake in the Norwegian financial derivatives exchange Imarex ASA for about $52 million, the companies announced Monday.
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Nymex buys stake in Norway's Imarex
Nov 12 2007 7:29AM (CT)
OSLO, Norway (AP) - Nymex Holdings Inc., the parent company of the New York Mercantile Exchange, will buy a 15.1 percent stake in the Norwegian financial derivatives exchange Imarex ASA for about $52 million, the companies announced Monday.
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Japan Sept. current account up 40 pct
Nov 12 2007 7:25AM (CT)
TOKYO (AP) - Japan's current account surplus rose 40.4 percent in September from a year earlier, marking ninth months of growth, the government said Monday.
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Experts completing final climate report
Nov 12 2007 7:19AM (CT)
VALENCIA, Spain (AP) - The U.N.'s top climate official challenged world policymakers Monday to map out a path to curb climate change, charging that to ignore the urgency of global warming would be "nothing less than criminally irresponsible."
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Experts completing final climate report
Nov 12 2007 7:19AM (CT)
VALENCIA, Spain (AP) - The U.N.'s top climate official challenged world policymakers Monday to map out a path to curb climate change, charging that to ignore the urgency of global warming would be "nothing less than criminally irresponsible."
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Eight directors named to Hershey board
Nov 12 2007 7:17AM (CT)
HARRISBURG, Pa. (AP) - Eight members of the Hershey Co. board have resigned and are being replaced with eight new members picked by the charitable trust that controls the company, Hershey said Sunday.
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Eight directors named to Hershey board
Nov 12 2007 7:17AM (CT)
HARRISBURG, Pa. (AP) - Eight members of the Hershey Co. board have resigned and are being replaced with eight new members picked by the charitable trust that controls the company, Hershey said Sunday.
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China October trade surplus hits record
Nov 12 2007 7:16AM (CT)
BEIJING (AP) - China's trade surplus jumped to a new all-time monthly high in October, according to official data released Monday, despite government pledges to restrain export growth and adding to pressure for action on trade barriers and currency.
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Dollar opens week up after record lows
Nov 12 2007 6:37AM (CT)
BERLIN (AP) - The dollar rose against the euro Monday, gaining some of the ground lost last week when the U.S currency set record lows.
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High oil prices fuel winter heat fears
Nov 12 2007 12:35AM (CT)
PORTLAND, Maine (AP) - Nowhere in America, it seems, are people more apprehensive about the prospect of a $3-a-gallon winter than in Maine.
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High oil prices fuel winter heat fears
Nov 12 2007 12:35AM (CT)
PORTLAND, Maine (AP) - Nowhere in America, it seems, are people more apprehensive about the prospect of a $3-a-gallon winter than in Maine.
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High oil prices fuel winter heat fears
Nov 12 2007 12:35AM (CT)
PORTLAND, Maine (AP) - Nowhere in America, it seems, are people more apprehensive about the prospect of a $3-a-gallon winter than in Maine.
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High oil prices fuel winter heat fears
Nov 12 2007 12:35AM (CT)
PORTLAND, Maine (AP) - Nowhere in America, it seems, are people more apprehensive about the prospect of a $3-a-gallon winter than in Maine.
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