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Monthly Archive April, 2009

Microsoft profit drops, but not as much as expected

April 25, 2009

Microsoft Corp. reported a smaller drop in third-quarter profit than some investors anticipated and is predicting bigger cost savings this year.
Net income […]

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Fiat to sign Opel stake deal on Tuesday: report

April 23, 2009

Fiat will sign on Tuesday a letter of intent to buy a majority stake in General Motors’ struggling Opel unit, the website of German […]

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Cass sees decline in first-quarter profits

April 21, 2009

Bridgeton-based Cass Information Systems Inc. reported a small drop in first-quarter earnings due to the economy’s impact on the transportation industry.
The provider of […]

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AIG may sell U.S. auto unit to Zurich: source

April 16, 2009

American International Group Inc is close to a deal to sell its U.S. auto insurance business to Swiss insurer Zurich Financial Services for roughly […]

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South Korea wary as China rises to economic power

April 14, 2009

South Korea on Monday expressed its concern about China’s rise as a global economic power in a rare note that said the ascent of […]

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Pulte Homes to buy Centex for $1.3 billion

April 10, 2009

Pulte Homes Inc. is buying Centex Corp. for $1.3 billion in stock in a deal that will create the nation’s largest homebuilder and could […]

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Oil drops back below $50

April 9, 2009

Oil fell nearly $2 a barrel Tuesday, tracking U.S. stock market losses ahead of what is expected to be a miserable first-quarter earnings season, […]

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New T-Mobile gadgets to sport Google’s Android: report

April 7, 2009

Wireless carrier T-Mobile is planning an aggressive push into the home with a variety of communication devices that will use Google’s new Android operating […]

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Why Chrysler matters

April 4, 2009

It’s easy to think that Chrysler LLC is no longer too big to fail.
The embattled automaker has already cut its U.S. workforce by more […]

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Europe Issues Call for Rules; Obama Urges G-20 Unity

April 2, 2009

German Chancellor Angela Merkel and French President Nicolas Sarkozy called for tighter rules on financial markets, widening a rift among leaders after President Barack […]

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