POWER OUTAGE NETS GUCCI A COOL $3.5B
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The company that owns legendary fashion label Gucci, continued to sell off units that can&#39;t boost its prospects in the rich-and-famous lifestyle business.
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NEW YORK (CBS.MW) -- Bank of America Monday upgraded Wal-Mart, citing valuation and its belief that higher energy costs have no negative surprise factor for the retailing behemoth.
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With the third hurricane in six weeks to hit its service area, Florida Power &amp; Light Co. is scrambling to find workers from other states to help restore electricity to nearly 1.6 million
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ServiceMaster profitably bundles services and pays a healthy 3.5% dividend.
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U.S. East Coast power grid operators  said they had enough electricity to keep air conditioners  running Tuesday as a heat wave continued to grip the region.
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For its third quarter ended Sept. 30, the New York satellite radio broadcaster lost $169 million, or 14 cents a share. That compares with a year-ago loss of $107 million, or 11 cents a share.
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&quot;The acquisition is about market expansion, innovative technology and growth,&quot; Joe Tucci, chief executive of Hopkinton, Massachusetts-based EMC, said in a statement as EMC snapped up network systems management company Smarts Inc, for $260 million.
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British waste-collection firm Biffa  has received a counter-approach worth around 1.5 billion pounds ($3 billion) from a fund backed by General Electric , said sources familiar with the matter.
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The Vanguard Group said on Thursday it  has implemented a temporary "cooling-off" closure period for  its $5.3 billion Energy Fund, effective immediately.
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By Sandy Cullen, The Wisconsin State Journal  Feb. 13--Vandalism might have caused a Sunday evening outage that left thousands of Charter Communications customers without cable TV, Internet or phone service, some until early Monday, a company spokesman said.
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New Yorkers pride themselves on their ability to handle almost anything: Blackouts. Sweltering subway stations. Obscenely small apartments at ridiculously high costs.
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By James A. Jones Jr., The Bradenton Herald, Fla.  Jun. 5--EAST MANATEE -- There is no argument that the area needs plenty of electric power and redundancy, so that the grid doesn't fail in a hurricane and leave residents in the dark for days and maybe weeks.
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Bids topping more than $3,500 were pouring into eBay last night to help care for a seriously ill Sterling boy when the Web site's officials announced that they were halting the auction.
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US property and casualty insurers paid out $21.3 billion for hurricane damage, mostly in Florida, during the third-quarter, according an industry group called ISO.
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and the money deducted from your account -- within a few hours. Savvy consumers no longer can count on a delay of a day
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Utilities in New York restored electric service to more than 20,000 customers in the northern part of the state on Wednesday after a fast-moving wind storm interrupted power to more than 100,000 customers throughout the day, companies said.
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Driving the companyâs loss, which amounts to $31.85 a share, was a $5.21 billion write-down on its portfolio of credit derivatives.