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Business News
GM profit sinks; CEO sees no recall hit to sales
DETROIT (AP) -- The cost of recalling nearly 7 million cars and trucks sank General Motors' first-quarter profit, but the company's CEO said the much-publicized recalls have yet to cut into sales....
04/24/2014 12:02:40pm
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Caterpillar 1Q profit climbs 5 pct, forecast rises
Caterpillar's first-quarter earnings rose 5 percent, and the construction equipment maker raised its 2014 forecast. But the company also said Thursday that a mining equipment sales slump is still hurting results....
04/24/2014 11:58:29am
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Aetna's 1Q profit jumps 36 pct, forecast climbs
Aetna's first-quarter net income soared 36 percent, fueled by gains from a multi-billion-dollar acquisition, and the health insurer hiked its 2014 earnings forecast above Wall Street estimates....
04/24/2014 11:44:30am
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Marlboro maker Altria 1Q profit falls
RICHMOND, Va. (AP) -- Altria Group Inc.'s first-quarter profit dropped 15 percent as the Marlboro maker sold fewer cigarettes and its year-ago results benefited from lower expenses from a longstanding legal settlement....
04/24/2014 11:18:10am
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Average US 30-year mortgage rate up to 4.33 pct
WASHINGTON (AP) -- Average U.S. rates on fixed mortgages rose this week as the spring home-buying season has gotten off to a slow start....
04/24/2014 11:07:07am
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