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Editors’ Picks

Kodak Q2 net income, revenues declined

Eastman Kodak Co. on Wednesday reported its second-quarter profit dropped by 50 percent compared with a year ago. The company posted net income of $4 million, down $8 million. Revenues fell 10 percent to $381 million for the quarter from ...

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U.S. awards $9 million to whistleblower

The U.S. Department of Justice announced Tuesday PHH Mortgage Corp. has agreed to pay the United States over $74 million to settle claims that loans originated by PHH that were insured by the U.S. Department of Housing and Urban Development’s ...

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Xerox posts higher second-quarter net income

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Xerox Corp. reported Tuesday that its net income climbed 5 percent in second-quarter, but its revenue declined 8.1 percent. Shares of Xerox (NYSE: XRX) were trading midday around $31.62, up 3 percent from its Monday close at $30.67.  Xerox reported ...

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Bergmann Associates gets new CEO


Bergmann Associates has appointed Pietro Giovenco as CEO, officials announced Tuesday. Giovenco is the third person to take the helm of the architectural and engineering firm. He has served as president for the past nine months and he will remain ...

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