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Business News
Correction: Sears-Results story
NEW YORK (AP) -- In a story Feb. 27 about Sears Holdings Corp., The Associated Press reported erroneously that Chief Financial Officer Rob Schriesheim said in a statement that the actions Sears took in 2014 - such as store closures and inventory reduction - generated $2.3 billion in liquidity....
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US consumer sentiment slips in February on icy weather
WASHINGTON (AP) -- Harsh winter weather left U.S. consumers feeling a bit less confident this month, the University of Michigan says. But confidence levels still remain at the highest level in eight years....
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Signed contracts to buy US homes rise to 18-month high
WASHINGTON (AP) -- The number of Americans signing contracts to buy homes rose at a healthy pace in January, a sign that home sales are poised to accelerate after a slow start to the year....
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Volkswagen profits up 20 percent for full year
FRANKFURT, Germany (AP) -- German automaker Volkswagen says net profit rose 20 percent last year to 10.8 billion euros ($12.1 billion), but offered a cautious outlook for this year....
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Stock market slips after weaker-than-expected growth in US
U.S. stock indexes edged slightly lower in early trading Friday after the U.S. economy slowed more sharply than expected in the final three months of 2014. Utilities stocks were among the biggest decliners....
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