FOX News: Business

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Updated: 29 min 56 sec ago

Study: BP spill created oily Rhode Island-sized 'bathtub ring' on sea floor around damaged rig

Tue, 10/28/2014 - 7:16am
The BP oil spill left an oily "bathub ring" on the sea floor that's about the size of Rhode Island, new research shows.
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Coach Stock Climbs 9.3% As Profit, Sales Beat Estimates

Tue, 10/28/2014 - 7:11am
Coach Inc. shares surged 9.3% in premarket trade Tuesday, after the luxury accessories maker beat profit and sales estimates for its fiscal first quarter.
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Fall in global oil prices hurts earnings at British energy company BP

Tue, 10/28/2014 - 7:01am
British oil company BP says its earnings have fallen in the third quarter as the price of crude oil dropped globally.
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Frontier sees 'intermittent' issues as customers complain of dropped Internet, video troubles

Tue, 10/28/2014 - 6:45am
The seamless transition promised by Frontier Communications Corp. as it moved its U-verse, Internet and broadband customers from AT&T has failed to materialize.
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US durable goods expected to show modest gain in September

Tue, 10/28/2014 - 6:31am
The Commerce Department releases its September report on orders for long-lasting manufactured goods.
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DuPont cites nutrition and health unit performance in third quarter earnings increase

Tue, 10/28/2014 - 6:30am
The DuPont Co. says strong performance in its nutrition and health unit and lower raw material costs contributed to an increase in third-quarter earnings.
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DuPont Profit Climbs, Backs Full-year Outlook

Tue, 10/28/2014 - 6:25am
E.I. DuPont de Nemours & Co. said on Tuesday third-quarter net profit climbed 52% to $433 million, or 47 cents a share, from $285 million, or 30 cents a share, in the same quarter last year.
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Whirlpool Shares Fall In Premarket As Earnings Come Up Short

Tue, 10/28/2014 - 6:24am
Whirlpool Corp. shares fell 2.8% in premarket trading on Tuesday after the white-goods maker posted earnings that fell short of expectations.
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Whirlpool misses 3Q profit expectations, tops revenue forecasts

Tue, 10/28/2014 - 6:19am
Whirlpool Corp. (WHR) on Tuesday reported earnings of $230 million in its third quarter.
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US consumer confidence expected to rise

Tue, 10/28/2014 - 6:19am
The Conference Board releases its October index on U.S. consumer confidence.
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Swiss agency approves trial for experimental Ebola vaccine

Tue, 10/28/2014 - 6:18am
The Swiss agency that regulates new drugs has approved the application for a clinical trial with an experimental Ebola vaccine at the Lausanne University Hospital.
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Lloyds Banking Group to cut 9,000 jobs, close 200 branches in efficiency bid

Tue, 10/28/2014 - 5:31am
Britain's Lloyds Banking Group says it will eliminate 9,000 jobs over the next three years and shut some 200 branches in a bid to improve efficiency.
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Global stocks mostly higher as markets watch US Fed meeting for signs of interest rate changes

Tue, 10/28/2014 - 5:15am
Global stocks were mostly higher Tuesday as investors looked ahead to this week's U.S. Federal Reserve meeting.
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French drugmaker Sanofi says net profit slips in 3rd quarter on higher restructuring costs

Tue, 10/28/2014 - 3:15am
Sanofi's net profit slipped 2.4 percent in the third quarter as the maker of the Lantus diabetes treatment booked a higher charge for restructuring at its French operations.
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Swiss bank UBS posts 32 percent gain in 3Q profit but warns of intensifying global challenges

Tue, 10/28/2014 - 3:12am
Swiss banking giant UBS AG is reporting a third-quarter net profit of 762 million Swiss francs ($803 million), up 32 percent from the comparable period a year ago based on solid returns from its investment banking and wealth management.
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Swiss drug maker Novartis posts 45 percent 3Q profit rise

Tue, 10/28/2014 - 3:01am
Swiss pharmaceutical giant Novartis AG has posted a 45 percent rise in net profit in the third quarter, boosted by strong sales of new products such as Gilenya for multiple sclerosis and the leukemia drug Tasigna.
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Honda quarterly profit up on weak yen, despite some vehicle sales woes; lowers profit forecast

Tue, 10/28/2014 - 2:47am
Honda's net profit for the July-September quarter surged nearly 18 percent but the Japanese automaker lowered its earnings forecast for the full year, pointing to difficulties in its home Japan market.
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Australia Bans Visas For Those From Ebola-hit Nations

Tue, 10/28/2014 - 1:10am
Australia has halted all visas to travelers from West African nations suffering from the Ebola outbreak, Reuters quoted Immigration Minister Scott Morrison as saying Tuesday.
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GM to move production of Chevrolet Volt part to US from Mexico

Tue, 10/28/2014 - 12:04am
General Motors is moving production of a critical component in the Chevrolet Volt from Mexico to Michigan.
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Officials: Chemical company chooses Illinois over Iowa for $1.4B fertilizer plant, Chicago HQ

Mon, 10/27/2014 - 11:46pm
A chemical company has chosen a site in eastern Illinois over one in Iowa for a $1.4 billion fertilizer plant, and plans to establish its U.S. headquarters in Chicago, two officials familiar with the decision said Monday.
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