Southwestchapter - Entertainment

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submitted by sdfhkdjsfd 22 days ago (via online.wsj.com)

Goodyear reported its first quarterly loss in more than a year as the company spent money to refinance its debt, and tire orders fell due in part to slowing economies abroad.

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Cost Controls Help Merck's Earnings Rise 67%

submitted by sdfhkdjsfd 22 days ago (via online.wsj.com)

Merck's first-quarter earnings rose 67% as the drug maker's cost controls helped offset slower-than-expected sales growth.

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Kodak Reports $366 Million Loss

submitted by sdfhkdjsfd 22 days ago (via online.wsj.com)

Eastman Kodak reported a wider first-quarter loss, reflecting costs associated with its filing for bankruptcy early in the year.

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Sharp Posts Record Loss

submitted by sdfhkdjsfd 22 days ago (via online.wsj.com)

Sharp reported its biggest-ever net loss in the just-ended fiscal year, and forecast another smaller loss in the current fiscal year.

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Bakrie Family to Get Time to Deal With Debt

submitted by sdfhkdjsfd 22 days ago (via online.wsj.com)

Indonesia's billionaire Bakrie family will be given more time to decide what to do about its $440 million loan from a group of international lenders.

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submitted by sdfhkdjsfd 22 days ago (via online.wsj.com)

Spain's Banco Popular said that net profit fell sharply in the first quarter as provisions it needed to set aside against mounting bad loans continued to hobble its performance.

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North Sea, Nigerian Leaks to Hit Total

submitted by sdfhkdjsfd 22 days ago (via online.wsj.com)

Oil major Total warned that production in the second quarter will be dented by leaks at its North Sea and Nigerian operations as well as planned maintenance, and reported a profit drop in the first quarter.

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Greek Deal Faces Scrutiny in Brussels

submitted by sdfhkdjsfd 101 days ago (via online.wsj.com)

Greek political leaders agreed to more austerity measures that could pave the way for a new bailout and debt-restructuring deal, but euro-zone finance ministers hadn't signed off on the deal as talks continued late Thursday evening.

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Stocks Close Higher Again

submitted by sdfhkdjsfd 101 days ago (via online.wsj.com)

Shares drifted up as investors took stock of a Greek refinancing deal and continued improvement in the U.S. labor market.

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Lehman Sues Citi for $2.5 Billion

submitted by sdfhkdjsfd 101 days ago (via online.wsj.com)

Lehman Brothers is suing Citigroup in an effort to recover $2.5 billion transferred to Citi in the months before Lehman's September 2008 bankruptcy filing.

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