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  • on Thu Feb 9 3:29 PM

    Scripps Networks' Advertising, Profits Rise

    THE WALL STREET JOURNAL

    Scripps Networks Interactive said fourth-quarter profit edged up 3.4%. The operator of cable channels including HGTV and Food Network reported double-digit growth in advertising revenue and stronger affiliate-fee revenue.
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    on Thu Feb 9 12:24 PM

    Postal Service Loss Widens to $3.3 Billion

    THE WALL STREET JOURNAL

    The Postal Service's fiscal-first-quarter loss widened to $3.3 billion as the migration of more customers to email led to a drop in first-class-mail revenue.
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    on Thu Feb 9 10:12 AM

    Urban Outfitters Sales Rose 9% in Fourth Quarter

    THE WALL STREET JOURNAL

    Urban Outfitters said four-quarter sales rose 9% to $731 million. While that falls short of the top line—$742 million—that analysts were expecting, each of the company's brands enjoyed record sales in the period. Markdowns helped it clear out...
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    on Thu Feb 9 8:02 AM

    Deal Reached for Dexia Municipal Unit

    THE WALL STREET JOURNAL

    The French government and two state-controlled entities have reached an agreement over how to restructure the French municipal lending operations of troubled bank Dexia.
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    on Thu Feb 9 7:50 AM

    Thomson Reuters Swings to Loss on Write-Down

    THE WALL STREET JOURNAL

    Thomson Reuters swung to a loss on a huge $3.01 billion write-down related to its financial services business, though results improved at both its market and professional divisions.
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    on Thu Feb 9 6:26 AM

    Daimler Expects Rapid Sales Growth

    THE WALL STREET JOURNAL

    Daimler expects significant growth in vehicle sales in 2012, but its outlook for earnings remains more cautious as it invests heavily in new production facilities and a wider range of cars and trucks.
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    on Thu Feb 9 6:00 AM

    Rio's Profit Slumps 59% on Aluminum Impairment Charge

    THE WALL STREET JOURNAL

    Rio Tinto, one of the world's largest mining companies, said profit slumped 59% in 2011 after it booked a $9.29 billion impairment charge, mainly against its struggling aluminum business.
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    on Thu Feb 9 5:30 AM

    Korean Banks Report Dim Outlooks

    THE WALL STREET JOURNAL

    Three of South Korea's largest financial holding firms reported mixed fourth-quarter earnings, with only Shinhan Financial Group meeting market expectations, and all three firms flagged dim outlooks for the year ahead.
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    on Thu Feb 9 4:41 AM

    Publicis Upbeat for 2012 - WSJ.com

    THE WALL STREET JOURNAL

    Paris-based advertising group Publicis posted a record full-year profit and said it was confident it could outperform the advertising market in 2012 despite wider macroeconomic uncertainties.
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    on Thu Feb 9 3:52 AM

    Sales Rise at Cautious Diageo

    THE WALL STREET JOURNAL

    Diageo warned that the outlook for the global consumer economy remains uncertain this year even as the U.K.-based drinks giant reported a rise in earnings, driven by volume gains in emerging markets.
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