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Disappointing earnings weigh down stock market

Submitted by Fox First at Ten on October 22nd

By CHRISTINA REXRODEAP Business Writer NEW YORK (AP) - It's been a disappointing earnings season. The stock market turned lower Monday afternoon as investors absorbed more underwhelming third-quarter earnings reports. Shares of toymaker Hasbro, clothing maker VF Corp., regional bank

Caterpillar sees weak economy as it cuts outlook

Submitted by Fox First at Ten on October 22nd

By JOSHUA FREEDAP Business Writer MINNEAPOLIS (AP) - Caterpillar says the world's economy is weaker than it thought, and it doesn't expect growth to pick up until the second half of next year. The company on Monday cut its 2012 revenue and profit guidance, and took a very cautious view

Philips Q3 earnings rise, growth economies help

Submitted by Fox First at Ten on October 22nd

By TOBY STERLINGAssociated Press AMSTERDAM (AP) - Royal Philips Electronics NV, the maker of electric shavers, light bulbs and medical imaging equipment, saw earnings more than double in the third quarter, thanks to modest growth at all its business lines as well as the disposal of its loss-

Asian stocks slide after US earnings disappoint

Submitted by Fox First at Ten on October 22nd

By PAMELA SAMPSONAP Business Writer BANGKOK (AP) - Asian stock markets fell Monday, responding to disappointing corporate earnings out of the U.S. last week and a widening trade deficit in Japan. Disappointing results from Wall Street giants Microsoft, General Electric and McDonald's

McGovern an unwavering, often unrequited, liberal

Submitted by Fox First at Ten on October 21st

By WALTER R. MEARSAP Special Correspondent CHAPEL HILL, N.C. (AP) - George McGovern was an unwavering, often unrequited advocate for liberal Democratic causes. He pursued those goals in plainspoken, usually understated, Midwestern style. He was a dedicated, decent man, a devoted Democrat even

McGovern an unwavering, often unrequited, liberal

Submitted by Fox First at Ten on October 21st

Reports: Marcellus reserves larger than expected

Submitted by Fox First at Ten on October 20th

By KEVIN BEGOSAssociated Press PITTSBURGH (AP) - There's been plenty of debate over the Marcellus Shale natural gas field, but new research adds a twist that could impact political and environmental battles. Two independent financial firms say the Marcellus isn't just the biggest

Draft order would give companies cyberthreat info

Submitted by Fox First at Ten on October 20th

By RICHARD LARDNERAssociated Press WASHINGTON (AP) - A new White House executive order would direct U.S. spy agencies to share the latest intelligence about cyberthreats with companies operating electric grids, water plants, railroads and other vital industries to help protect them from

Business Highlights

Submitted by Fox First at Ten on October 19th

By The Associated Press ___ Early look at Windows 8 baffles consumers NEW YORK (AP) - The release of Microsoft's Windows 8 operating system is a week away, and consumers are in for a shock. Windows, used in one form or another for a generation, is getting a completely different look that

How the major stock indexes fared Friday

Submitted by Fox First at Ten on October 19th

By The Associated Press Poor corporate earnings reports pounded the stock market Friday in a sour end to an otherwise strong week of trading. The Dow Jones industrial average fell more than 200 points for its worst day in four months. Disappointing results from three giants of the Dow -