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What Happened to Revenues in 1Q?
Published May 07, 2013
With earnings season almost over, don’t be fooled by the record-breaking earnings per share -- revenues signal potential troubles for corporate America.
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Airlines Readying to Seek Refunds for 787 Mishap?
Published May 07, 2013
Ethiopian Airlines will seek compensation from Boeing for the 787 battery blunder that left 50 Dreamliners on the ground for several months and stunted deliveries.
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EA 4Q Sales Top Street
Published May 07, 2013
EA posted an adjusted 4Q profit of 55 cents a share, missing estimates by two cents, however adjusted revenues rose just above Wall Street expectations.
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Report: Wal-Mart Mulls CEO Successors
Published May 07, 2013
Retail giant Wal-Mart Stores has reportedly picked a pair of top internal execs as possible contenders to succeed current CEO Mike Duke.
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GM to Build $1.3B Cadillac Plant in China
Published May 07, 2013
Chinese authorities have approved a $1.3 billion General Motors plant to make luxury Cadillac cars.
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Molson Coors' 1Q Hurt By M&A Charges, Weakness in Canada
Published May 07, 2013
Molson Coors reported its first quarter profit dropped 1.2% to $271.9 million and fell short of Wall Street expectations amid weakness in Canada and acquisition charges.
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Diageo CEO to Step Down
Published May 07, 2013
Diageo said chief executive Paul Walsh will retire after 13 years at the helm of the U.K. drinks giant.
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Sysco 3Q Net Slips 22% Amid Higher Expenses
Published May 06, 2013
The food-services supplier reported higher expenses, while its top-line fell short of Wall Street expectations.
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McAfee to Buy Stonesoft for $389M in Cash
Published May 06, 2013
The computer security software company said it would acquire Stonesoft Oyj for about $389 million in cash.
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Tyson Foods 2Q Profit Falls, Shares Slump
Published May 06, 2013
Tyson Foods said its profit fell at a worse-than-expected rate as the drought continued to hurt the price of raw materials.

