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Friday, November 20 2009
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J.M. Smucker 2nd-quarter profit soars on coffee PORTLAND, Ore. (AP) -- J.M. Smucker Co. nearly tripled its profit in the second quarter as the addition of Folgers coffee gave a jolt to its lineup and lower commodity prices for coffee beans and other items fattened its profit margins.... D.R. Horton sees 26 perecent spike in 4Q orders Homebuilder D.R. Horton Inc., saw new home orders spike 26 percent from a year ago in the latest quarter as buyers raced to close deals and take advantage of a federal tax credit. But a wider-than-anticipated loss fueled by write-downs sent shares tumbling more than 15 percent Friday.... Verigy shares rise on better-than-expected 4Q CUPERTINO, Calif. (AP) -- Shares of Verigy Ltd. rose Friday after the maker of chip testing equipment turned in a stronger-than-expected performance in the fourth quarter.... Earnings Preview: Tyson Foods Inc. Stocks fall for 3rd day as dollar strengthens NEW YORK (AP) -- Investors can't shake their fears that the economy isn't keeping up with the stock market.... How the major stock indexes fared on Friday Stocks fell for a third straight day Friday as a disappointing outlook from computer maker Dell Inc. suggested that an economic recovery could be uneven. The market, which has been shuttling between concerns about the economy and traders' need to find high-yielding investments, is back to worrying about the economy. Demand for safe haven investments like Treasurys and the dollar rose for a second day in response to Dell's outlook and comments from European Central Bank President Jean-Claude... D.R. Horton, J.M. Smucker, Dell are big movers NEW YORK (AP) -- The following stocks were among those that moved substantially or traded heavily Friday on the New York Stock Exchange:... Texas high court agrees to rehear Exxon case DALLAS (AP) -- The Texas Supreme Court on Friday said it will again hear arguments in the nearly 15-year legal battle over accusations that Exxon Mobil Corp. loaded abandoned wells with junk, sludge and even explosives to keep other companies from drilling there.... 13 charged in $19M Central Oregon bank fraud PORTLAND, Ore. (AP) -- The collapse of a Bend real estate development company has resulted in charges against 13 people in what prosecutors say is the largest Oregon fraud case to emerge from the national real estate boom and bust.... Pa. residents sue gas driller over polluted wells DIMOCK, Pa. (AP) -- Pat Farnelli says there's something in the water at her house. The last time she drank it, she says she vomited four times. It's made her children sick, too.... GOP: Health test recommendations could affect care |
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