NEW YORK — A steadier mortgage business, higher commercial lending and an increase in deposits lifted Wells Fargo & Co.’s fourth-quarter profit by 20 percent. The San Francisco-based bank reported Tuesday that the amount of mortgages it wrote in the ...

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NEW YORK — Delta Air Lines Inc. says it expects an $800 million profit this year, and it will be solidly profitable in 2012. The company says in a filing that it will earn $1.1 billion in 2011 if special ...

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NEW YORK — Electronics retailer Best Buy said Tuesday that its third-quarter net income fell 29 percent as it cut prices in popular categories such as tablets and TVs to drive sales and traffic during the busy holiday season. Its ...

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Network equipment maker Ciena Corp. reported a smaller net loss Thursday for its fiscal fourth quarter, helped by higher revenue and lower operating expenses. President and CEO Gary Smith said Linthicum-based Ciena is gaining market share amid the economic downturn. ...

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NEW YORK — Target Corp. reported a 3.7 percent increase in third-quarter profits, helped by solid spending and improvement in its credit card business. The Minneapolis discounter said Wednesday that it earned $555 million, or 82 cents per share, in ...

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NEW YORK — Apple Inc. failed to set a new sales record in the last three months of founder and CEO Steve Jobs’ life. Its financial results came in below expectations on Tuesday — a rare miss for the company. ...

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PURCHASE, N.Y. — PepsiCo Inc.’s third-quarter profit rose 4 percent because of higher prices and rising sales of its snacks and beverages, especially overseas. Food and beverage companies like PepsiCo have been raising prices to offset higher costs for ingredients, ...

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NEW YORK — Stocks are rising at the close of trading after investors latched onto some small signs that the economy might not be headed into another recession. Fewer Americans joined the unemployment line last week, and a technology bellwether ...

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Sinclair Broadcast Group Inc.’s profit increased 7 percent during the second quarter of 2011, helped by local auto dealer advertising. The Hunt Valley-based company, which operates television stations in 35 markets, announced Wednesday that it had net income of $18.6 ...

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NEW YORK — AT&T Inc. saw a rebound in the number of new contract subscribers in the second quarter, showing resilience in the face of competition from Verizon’s iPhone. The country’s largest telecommunications company said Thursday that it added a ...

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