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Friday, November 20 2009
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J.M. Smucker 2nd-quarter profit soars on coffee PORTLAND, Ore. (AP) -- J.M. Smucker Co. nearly tripled its profit in the second quarter as the addition of Folgers coffee gave a jolt to its lineup and lower commodity prices for coffee beans and other items fattened its profit margins.... D.R. Horton sees 26 perecent spike in 4Q orders Homebuilder D.R. Horton Inc., saw new home orders spike 26 percent from a year ago in the latest quarter as buyers raced to close deals and take advantage of a federal tax credit. But a wider-than-anticipated loss fueled by write-downs sent shares tumbling more than 15 percent Friday.... Verigy shares rise on better-than-expected 4Q CUPERTINO, Calif. (AP) -- Shares of Verigy Ltd. rose Friday after the maker of chip testing equipment turned in a stronger-than-expected performance in the fourth quarter.... Earnings Preview: Tyson Foods Inc. How the major stock indexes fared on Friday Stocks fell for a third straight day Friday as a disappointing outlook from computer maker Dell Inc. suggested that an economic recovery could be uneven. The market, which has been shuttling between concerns about the economy and traders' need to find high-yielding investments, is back to worrying about the economy. Demand for safe haven investments like Treasurys and the dollar rose for a second day in response to Dell's outlook and comments from European Central Bank President Jean-Claude... Stocks fall for 3rd day as dollar strengthens NEW YORK (AP) -- Investors can't shake their fears that the economy isn't keeping up with the stock market.... D.R. Horton, J.M. Smucker, Dell are big movers NEW YORK (AP) -- The following stocks were among those that moved substantially or traded heavily Friday on the New York Stock Exchange:... Moderate Dems pivotal in Saturday health care vote WASHINGTON (AP) -- Suitably opaque, Section 2006 takes up only a few dozen lines in a sweeping health care bill that runs to 2,074 pages and mentions neither Sen. Mary Landrieu nor her state of Louisiana.... GOP: Health test recommendations could affect care WASHINGTON (AP) -- Republicans are seizing on this week's recommendations for fewer pap smears and mammograms to fuel concern about government-rationed medical care - and to try to chip away support by women for President Barack Obama's proposed health care overhaul.... Fla. commissioner OKs Citizens Property rate hikes TALLAHASSEE, Fla. (AP) -- More than 15,000 mobile home owners insured by state-backed Citizens Property insurance Corp. will see an 11 percent increase on their insurance policies in 2010.... Americans save more but earn less as rates fall |
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