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Conseco Inc. said Friday that a subsidiary has reached a reinsurance agreement with Wilton Reassurance Co. covering about 237,000 life insurance policies.
In a Nov. 16 story about the U.S. holdings of private equity firm Blackstone Group, The Associated Press erroneously reported the type of securities the company purchased related to Southwest Airlines.
Crude inventories and gasoline inventories fell last week, missing analysts' expectations, the government said Wednesday.
New home construction likely inched higher in October as builders seized on the promise of more orders due largely to a federal tax credit for first-time homebuyers.
Consumer prices likely rose modestly in October as inflation remains subdued during the early stages of a broad economic recovery.
Natural gas stockpile levels rose more than expected last week, the government said Thursday.
Executives from Facebook, Wikipedia and Google are attending a Vatican meeting to brief officials and Catholic bishops about the Internet and digital youth culture.
In Arizona, the budget has grown so gloomy that lawmakers are considering mortgaging Capitol buildings. In Michigan, state officials dealing with the nation's highest unemployment rate are slashing spending on schools and health care.
Businesses likely slashed wholesale inventories for a record 13th consecutive month in September. But analysts expect sales rose for a sixth straight month.
Consumers likely reduced their borrowing for an eighth straight month in September, as layoffs continue and credit remains tight. The declines in borrowing are expected to drag on the fledgling economic recovery.
Part of the struggle for Las Vegas casinos to overcome is eroding convention business. Companies have canceled meetings as they tighten spending and seek to avoid bad blood with shareholders or a bad image with others over meeting in the town known worldwide as Sin City.
Stanley Inc. received a five-year contract worth up to $49 million to provide cybersecurity services to an arm of the Pentagon, the company said Wednesday.
Frontier Communications Corp. on Tuesday posted an 11 percent increase in third-quarter net income as the rural phone company aggressively lowered costs in the face of falling revenue.
Moody's Investors Service on Monday raised its corporate family rating for Ford Motor Co. to "B3" from "Caa1," citing the progress the automaker has made toward improving its product portfolio and cost structure while preserving its cash reserves.
NCR Corp., a maker of ATM machines, retail checkout scanners and self-serve kiosks, said Monday that it bought Netkey Inc., a provider of kiosk and digital sign software applications.
Barrick Gold Corp. took a $5.7 billion charge in the third quarter stemming from the Toronto-based gold producer's decision to eliminate all its gold hedges.
Cigarette maker Lorillard Inc.'s largest competitors — Altria Group Inc. and Reynolds American Inc. — are ramping up efforts to grab some of the menthol market from Lorillard's leading Newport brand.
Shares of ION Geophysical Corp., which generates diagrams of crude oil and natural gas deposits for exploration companies, soared Monday when it announced a global joint venture that will dramatically cut its debt.
Tobacco maker Lorillard Inc. reports its third-quarter results on Monday. The following is a summary of key developments and analyst opinion related to the period.
Philip Morris International Inc. and other cigarette makers around the world have been raising prices to keep their profits up despite hits from the recession and declining cigarette volumes.
After a federal cigarette tax took effect in April and as the U.S. Food and Drug Administration's authority over the industry increases, tobacco companies are wary of the impact on their products and looking to cigarette alternatives such as smokeless tobacco for future growth.
Tobacco sales and volumes fell in the first half of the year as a federal tax increase took effect, but they rebounded some during the second quarter as retailers went back to ordering cigarettes and consumers adjusted to higher prices.
Cigarette maker Philip Morris International Inc. is scheduled to report third-quarter results Thursday. The following is a summary of key developments and analyst opinion related to the period.
Reynolds American Inc. reports its third-quarter results on Thursday. The following is a summary of key developments and analyst opinion related to the period.
Altria Group Inc. reports its third-quarter results on Wednesday. The following is a summary of key developments and analyst opinion related to the period.
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