Blue chips turn up as GM advances March 01,2007 02:19 PM EST NEW YORK (Reuters) - An advance in the shares of General Motors Corp. helped U.S. blue-chip stocks swing into positive territory in afternoon trade on Thursday after the automaker posted a stronger-than-expected rise in February sales. | Reuters |
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Biggest bond investors bet on rate cut March 01,2007 02:16 PM EST NEW YORK (Reuters) - Welcome to the dawn of a new credit cycle, with tighter bank lending, rising costs for riskier borrowers and a slowing economy. | Reuters |
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GM's U.S. February sales up 3.4 percent March 01,2007 02:10 PM EST DETROIT (Reuters) - General Motors Corp. said on Thursday that U.S. sales rose 3.4 percent in February, driven by an increase in retail sales, but set its target for second-quarter production 5 percent lower than a year ago. | Reuters |
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GM's U.S. February sales up 3.4 percent March 01,2007 02:10 PM EST DETROIT (Reuters) - General Motors Corp. said on Thursday that U.S. sales rose 3.4 percent in February, driven by an increase in retail sales, but set its target for second-quarter production 5 percent lower than a year ago. | Reuters |
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Salmonella found at peanut butter plant: FDA March 01,2007 02:00 PM EST WASHINGTON (Reuters) - Bacteria linked to contaminated peanut butter that has sickened hundreds of people has been traced to a plant owned by ConAgra Foods Inc. where it was made, U.S. health regulators said on Thursday. | Reuters |
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GM U.S. February sales up 3.4 percent March 01,2007 01:58 PM EST DETROIT (Reuters) - General Motors Corp. said on Thursday U.S. sales rose 3.4 percent in February, an 11 percent increase in retail sales that offset a reduction in fleet sales to daily rental companies. | Reuters |
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GM U.S. February sales up 3.4 percent March 01,2007 01:58 PM EST DETROIT (Reuters) - General Motors Corp. said on Thursday U.S. sales rose 3.4 percent in February, an 11 percent increase in retail sales that offset a reduction in fleet sales to daily rental companies. | Reuters |
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Wall St down as investors shun risk March 01,2007 01:49 PM EST NEW YORK (Reuters) - Stocks slipped in a volatile session on Thursday, reversing the prior session's modest bounce, as investors' diminishing appetite for risk hurt demand for equities. | Reuters |
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Salmonella found at peanut butter plant: FDA March 01,2007 01:45 PM EST WASHINGTON (Reuters) - Bacteria linked to contaminated peanut butter that has sickened hundreds of people has been traced to a plant owned by ConAgra Foods Inc. where it was made, U.S. health regulators said on Thursday. | Reuters |
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Blockbuster in talks to buy Movielink: source March 01,2007 01:40 PM EST LOS ANGELES (Reuters) - Blockbuster Inc. is in talks to buy movie download service Movielink for under $50 million in cash and stock, a source familiar with the situation said on Thursday. | Reuters |
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LabCorp cuts forecast as Aetna ends contract March 01,2007 01:31 PM EST CHICAGO (Reuters) - Laboratory Corp. of America Holdings on Thursday cut its 2007 earnings forecast after Aetna Inc. terminated its LabCorp contract, sending shares in the diagnostic services company down by as much as 11 percent. | Reuters |
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Salmonella found at peanut butter plant: FDA March 01,2007 01:29 PM EST WASHINGTON (Reuters) - Bacteria linked to contaminated peanut butter that has sickened hundreds of people has been traced to a plant owned by ConAgra Foods Inc. where it was made, U.S. health regulators said on Thursday. | Reuters |
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U.S. names Boeing as "logical" missile defense choice March 01,2007 01:23 PM EST BRUSSELS (Reuters) - Boeing Co would be a logical choice to lead the interceptor part of a planned U.S. defense missile shield in eastern Europe, the head of the Pentagon's Missile Defense Agency said on Thursday. | Reuters |
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U.S. names Boeing as "logical" missile defense choice March 01,2007 01:23 PM EST BRUSSELS (Reuters) - Boeing Co would be a logical choice to lead the interceptor part of a planned U.S. defense missile shield in eastern Europe, the head of the Pentagon's Missile Defense Agency said on Thursday. | Reuters |
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Salmonella found at peanut butter plant: FDA March 01,2007 01:19 PM EST WASHINGTON (Reuters) - Bacteria linked to contaminated peanut butter that has sickened hundreds of people has been traced to a plant owned by ConAgra Foods Inc. where it was made, U.S. health regulators said on Thursday. | Reuters |
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U.S. names Boeing as "logical" missile defense choice March 01,2007 01:03 PM EST BRUSSELS (Reuters) - Boeing Co would be a logical choice to lead the interceptor part of a planned U.S. defense missile shield in eastern Europe, the head of the Pentagon's Missile Defense Agency said on Thursday. | Reuters |
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U.S. names Boeing as "logical" missile defense choice March 01,2007 12:52 PM EST BRUSSELS (Reuters) - Boeing Co would be a logical choice to lead the interceptor part of a planned U.S. defense missile shield in eastern Europe, the head of the Pentagon's Missile Defense Agency said on Thursday. | Reuters |
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Oracle says to buy rival Hyperion for $3.3 billion March 01,2007 12:45 PM EST SAN FRANCISCO/NEW YORK (Reuters) - Oracle Corp. said on Thursday it would buy Hyperion Solutions Corp. for $3.3 billion to boost its position in the fast-growing market for tools to help executives analyze business performance. | Reuters |
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Del Monte posts lower quarterly profit March 01,2007 12:44 PM EST NEW YORK (Reuters) - Del Monte Foods Co. reported a 5.4 percent decline in third-quarter profit on Thursday, hurt by rising ingredient costs and weak consumer demand for its branded food products. | Reuters |
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Disney plans major expansions to Walt Disney World March 01,2007 12:36 PM EST LOS ANGELES (Reuters) - Walt Disney Co. on Thursday said it was planning two big expansions to its Walt Disney World theme park in Florida, including a 900-acre luxury resort and a commercial district outside the gateway entrance. | Reuters |
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Chrysler, Ford U.S. sales tumble in February March 01,2007 12:34 PM EST DETROIT (Reuters) - Chrysler Group, the embattled U.S. unit of DaimlerChrysler AG , reported an 8 percent drop in February sales on Thursday, becoming the last of the Detroit automakers to confirm weaker results for the month. | Reuters |
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Chrysler, Ford U.S. sales tumble in February March 01,2007 12:34 PM EST DETROIT (Reuters) - Chrysler Group, the embattled U.S. unit of DaimlerChrysler AG , reported an 8 percent drop in February sales on Thursday, becoming the last of the Detroit automakers to confirm weaker results for the month. | Reuters |
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Staples profit rises, sales measure disappoints March 01,2007 12:26 PM EST NEW YORK (Reuters) - Staples Inc. , the world's largest office supplies retailer, reported on Thursday a 21.5-percent rise in quarterly profit, driven by increased demand for its private label items and higher North American retail sales. | Reuters |
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Investors shun stocks on risk jitters March 01,2007 12:22 PM EST NEW YORK (Reuters) - Stocks fell on Thursday in the latest leg of a global equities sell-off as investors' diminishing appetite for risk drove them toward safer assets like bonds. | Reuters |
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Manufacturing up, consumer spending strong March 01,2007 12:12 PM EST WASHINGTON (Reuters) - U.S. consumers spent more than expected in January and manufacturing unexpectedly rose in February, according to reports on Thursday that suggested the economy was poised to grow even as inflation remained a risk. | Reuters |
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