May sales down for Big Three
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Higher gas prices cut into demand for  sport utility vehicles and trucks in May, depressing U.S.  market share for the Big Three Detroit-based automakers and  prompting production cuts at General Motors Corp. and Ford  Motor Co.
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New car sales in Europe fell for the fourth consecutive month in May, dragged down by a poor showing in western Europe despite strong performance further east, the European automobile association ACEA said Thursday.
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Retailers reported a modest gain in May sales yesterday, easing some analysts' concerns about consumer spending after April's drop.
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US retail chains reported May sales gains as warmer weather helped them rebound from a dismal April, but results were weaker than a year ago, signaling to some that rising gas prices and a slowing housing market are taking their toll.
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The big three in discount retailers look like a good bet in a slowing economy.
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Orders to U.S. factories for big-ticket manufactured goods fell in May, reflecting a second straight month of weakness in demand for commercial aircraft.
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Home appliance maker Maytag Corp.  MYG.N on Thursday reported an 80 percent drop in  third-quarter profit, hurt by higher steel and energy costs and  lower sales of its Hoover vacuums.
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Business & money: Official data reveals a worse-than-expected fall in retail sales last month
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Ford Motor Co.  posted lower May  sales on Friday, while rivals Nissan Motor Co. and Chrysler  Group eked out small gains amid high gas prices and concerns  about U.S. consumer confidence.
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Dutch retailer Ahold  reported a 3 percent drop in fourth-quarter sales on Thursday, hurt by its sluggish U.S. retail operations and with margins hit by restructuring costs but investors shrugged off the bad news.
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WASHINGTON -- Sales of previously owned homes in the United States fell in May to the lowest level in almost four years, reinforcing concerns about a protracted housing slump.
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General Motors Corp. said yesterday its US light vehicle sales plunged 21.3 percent in June, while Toyota Motor Corp. reported its vehicle sales jumped 10.2 percent.
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Wet weather and rising interest rates hits retailers in May, according to the British Retail Consortium.
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The mystery of what went wrong for the software industry in late June when sales stalled at more than 20 brand-name companies is not even close to being solved although the third quarter is nearly halfway over.
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Higher gasoline prices, concerns about a softening jobs market and bad weather combined to deal a blow to retailers' back-to-school sales hopes in August, marking a disappointing opening of the fiscal third quarter for most of them.
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The retailer's same-store sales decline.
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Blog: LCD TV sales dropped a bit in the first quarter from the last three months, and Philips bore the brunt.