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CIBC Profit Falls 4 Percent on Lehman Brothers Charge

2013-03-01 12:35:45| Grocery - Topix.net

Canadian Imperial Bank of Commerce reported a 4 percent drop in quarterly profit on Thursday due largely to a C$148 million charge for a legal settlement with bankrupt U.S. bank Lehman Brothers.

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Prosecutor says he won\'t charge Imperial Sugar execs in 2008 explosion at Ga. sugar refinery

2013-02-27 06:12:59| Sugar Industry News

SAVANNAH, Ga. The Justice Department has decided it won\'t seek criminal charges against Imperial Sugar or its executives years after explosions tore through its sugar refinery near and killed 14 workers, a federal prosecutor in Georgia said Tuesday.

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NJ's 'tanning mom' won't face endangerment charge

2013-02-27 00:53:33| Oil & Gas - Topix.net

A University of California-Berkeley engineer who played a prominent role in investigating levee breeches in New Orleans after Hurricane Katrina is scheduled to be the first witness Tuesday at a trial involving... BP failed to implement a new safety plan on the ill-fated Deepwater Horizon drilling rig even though the company realized a blowout in ... (more)

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Johnson & Johnson taking $100M charge for Venezuela devaluation

2013-02-26 00:57:18| Biotech - Topix.net

Health care giant Johnson & Johnson said Monday that it expects to take a charge of about $100 million to its first-quarter net income due to Venezuela's currency devaluation.

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J&J sees 4 cent per share Q1 charge for Venezuela devaluation

2013-02-25 19:42:47| Biotech - Topix.net

Diversified healthcare company Johnson & Johnson, which makes consumer products like the Neutrogena-brand line, said on Monday that Venezuela's February 13 devaluation of its currency would cut first quarter profit by 4 cents per share.

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