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Business News
Daimler Q1 earnings nearly double on new models
FRANKFURT, Germany (AP) -- German automaker Daimler saw net profit nearly double in the first quarter on strong demand across all major markets for its updated line of Mercedes-Benz luxury cars....
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Philips' net profit slumps in 1st quarter, sales edge higher
PARIS (AP) -- Royal Philips NV, the world's biggest lighting maker, said Tuesday higher restructuring costs wiped out gains from higher sales to reduce first-quarter net profit by 27 percent to 100 million euros ($109 million)....
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How the Dow Jones industrial average fared Monday
U.S. stocks slumped on Monday as investors looked ahead to a flurry of earnings reports this week. Health care companies led the declines. It was a downbeat note after strong gains last week, capped by a record in the Nasdaq composite, 15 years after its dot-com era peak....
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Rates mixed at weekly US Treasury bill auction
WASHINGTON (AP) -- Interest rates on short-term Treasury bills were mixed in Monday's auction with the rate on three-month bills declining to the lowest level since early March, while the rate on six-month bills rose....
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DuPont and Mylan are big market movers
NEW YORK (AP) -- Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:...
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