Archive for February 9th, 2010

Honda expands airbag inflation recall (AP)

Honda Motor Co. is adding more than 378,000 cars to an existing safety recall for air bag inflation problems, the company said Tuesday.

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Senate Democrats unveil draft jobs bill (CNNMoney.com)

Senate Democrats’ draft plan for job creation, circulated Tuesday, contains a couple of employment measures and a lot of leftover business.

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Molson Coors’ 4Q profit rises on tax benefits (AP)

Molson Coors Brewing Co. sold fewer beers around the world in the fourth quarter, but its profit more than doubled as the company held onto price hikes it made during the recession and benefited from a one-time drop in its tax rate.

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Senate Democrats unveil jobs package (AP)

Senate Democrats circulated a jobs bill Tuesday that’s light on new initiatives on boosting hiring and heavy with provisions sought by lobbyists for business groups, doctors and the satellite broadcasting industry.

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Aspen Insurance Holdings Reports Results for Fourth Quarter and Twelve Months of 2009 (Business Wire)

HAMILTON, Bermuda—-Aspen Insurance Holdings Limited today reported a net profit after tax for 2009 of $473.9 million or an operating profit of $5.16 per diluted ordinary share and net profit after tax for the fourth quarter of 2009 of $126.3 million or an operating profit of $1.44 per diluted ordinary share.

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Fitch Assigns Initial Rating of ‘AA-’ to Jurupa Comm. Services Dist, CA Water COPs; Outlook Stable (Business Wire)

AUSTIN, Texas—-Fitch Ratings has assigned the following ratings to Jurupa Community Services District, California :

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Fitch Assigns Initial Rating of ‘AA-’ to Jurupa Community Svcs Dist, CA Sewer COPs; Outlook Stable (Business Wire)

AUSTIN, Texas—-Fitch Ratings has assigned the following ratings to Jurupa Community Services District, California :

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Ark. governor moves away from reserve fund plan (AP)

Arkansas Gov. Mike Beebe on Tuesday backed away from a proposed $34.5 million balanced budget reserve fund he would have controlled, opting for a plan lawmakers said would give them more influence over the money.

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EU nations’ reality: Greece’s woes are theirs, too (AP)

Wealthy European nations were moving closer toward swallowing a bitter pill Tuesday: rescuing Greece from its own overspending to stop its debt crisis from dragging down the euro and stock markets all the way to Wall Street.

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Orange juice, sugar prices rise on falling supply (AP)

Sugar and orange juice prices rose Tuesday after the Department of Agriculture’s latest report predicted smaller supplies of the crops than previously estimated.

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