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Ford profit falls in third quarter on truck costs

Ford’s new aluminum-sided F-150 will be a lot lighter and more efficient when it goes on sale later this year. But for now it’s a serious drag on profits. Net income dropped 34 percent to $835 million in the third quarter, largely due to the …

 

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United’s net income soars on lower fuel costs

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United Airlines appears to be hitting its stride after struggling to make a 2010 merger pay off. The airline’s formula is lower fuel prices and more revenue for every mile that passengers fly.

Chiquita holders reject plans to merge with Fyffes

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Chiquita shareholders have rejected plans to merge with Irish fruit importer Fyffes that would have made the world’s largest banana supplier. Chiquita Brands International Inc. said Friday that the shareholders didn’t approve a revised transaction agreement between the two companies during a special shareholders meeting. …

Procter & Gamble taking out its batteries

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Procter & Gamble plans to remove its batteries and make Duracell a stand-alone company. The world’s largest consumer products maker, which acquired Duracell in 2005, has been trimming its product lineup to focus on its top performers. After it finishes jettisoning more than half its …

US stocks jump after strong corporate earnings

A combination of strong company earnings and encouraging economic reports, both in the U.S. and Europe, gave the stock market another day of solid gains on Thursday.

Cat’s earnings, revenue beat expectations

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Caterpillar’s belt-tightening paid off in the third quarter as the manufacturer easily beat Wall Street expectations and raised its outlook for the year.

GM 3Q profit nearly doubles, led by North America

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Big profits from rising SUV and truck sales in North America helped General Motors nearly double its third-quarter net profit and more than offset its struggles in Europe and South America.

Southwest Airlines 3Q profit rises 27 percent

More passengers and lower fuel prices are pushing Southwest Airlines to record profits, and the airline expects an even bigger break at the gas pump this winter.

American Airlines posts record 3Q profit

Summer vacations were good for American Airlines. With passengers paying a record amount for every mile and most seats filled, American earned an all-time best $942 million in the June-through-September third quarter.

2-week strike ends at northern Indiana factory

About 300 workers have ended their two-week strike at a Schneider Electric plant in northern Indiana after approving a new contract.

US consumer prices rose 0.1 percent in September

U.S. consumer prices edged up slightly in September, with the overall increase held back by a third straight monthly decline in gasoline prices.

McDonald’s CEO outlines changes as sales slide

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McDonald’s CEO Don Thompson said Tuesday the company hasn’t been keeping up with the times and that changes are in store for its U.S. restaurants.

Staples investigating possible data breach

Staples is looking into a potential credit card data breach and has been in touch with law enforcement officials about the issue.

Verizon misses Street 3Q forecasts

Verizon Communications Inc. on Tuesday reported earnings of $3.7 billion in its third quarter.

American, US Airways complete cargo combination

American Airlines and US Airways say they have finished combining their cargo operations.

Whole Foods tries national ads for first time

The nation’s largest natural and organic chain on Monday announced plans to roll out its first national advertising campaign. The move comes at a time when the chain is facing slowing growth and increasing competition from the likes of Safeway and Walmart, even as its stock has fallen.