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  • Click for Full Story D.R. Horton sees 26 perecent spike in 4Q orders

    11.20.2009 5:20 PM EST

    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.

     
  • More states add jobs, but many for temporary staff

    11.20.2009 3:44 PM EST

    WASHINGTON (AP) — In a sharp improvement, more than half of U.S. states added jobs in October, though economists said many of the gains likely occurred in temporary employment.

     
  • Click for Full Story Stocks fall for 3rd day as dollar strengthens

    11.20.2009 6:19 PM EST

    NEW YORK (AP) — Investors can't shake their fears that the economy isn't keeping up with the stock market.

     
  • Click for Full Story Ex-Vivendi CEO: I made mistakes but never misled

    11.20.2009 7:35 PM EST

    NEW YORK (AP) — Former Vivendi CEO Jean-Marie Messier told a jury Friday he made mistakes in his troubled bid to turn the French water company into a global media giant, but he never misled shareholders about the risks.

     
  • Texas high court agrees to rehear Exxon case

    11.20.2009 9:07 PM EST

    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.

     
  • Click for Full Story Americans save more but earn less as rates fall

    11.20.2009 5:51 PM EST

    NEW YORK (AP) — The U.S. is finally becoming a nation of savers. Now if only we could get something for our money.

     
  • Small Florida bank shuttered, 124th this year

    11.20.2009 6:13 PM EST

    WASHINGTON (AP) — Florida banking regulators on Friday shut down Commerce Bank of Southwest Florida, marking the 124th U.S. bank to succumb this year to the struggling economy and rising loan defaults.

     
  • Chase drops arbitration from card contracts

    11.20.2009 5:07 PM EST

    BOSTON (AP) — JPMorgan Chase & Co. said Friday it is dropping a clause from its credit card contracts that required disputes with customers to be handled through binding arbitration, a move that could lead to consumers filing class-action and other lawsuits.

     
  • Click for Full Story J.M. Smucker 2nd-quarter profit soars on coffee

    11.20.2009 5:37 PM EST

    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.

     
  • Natural gas plunges 12 percent this month

    11.20.2009 3:09 PM EST

    NEW YORK (AP) — Natural gas prices have dropped by more than 12 percent in the past month as the country continues to sip at its energy reserves and a balmy November allowed homeowners to leave the heat off.

     
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