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Cyberonics Up, Andrew Down Before Bell
Publish Date : 9/23/2004 6:39:00 PM   Source : Business News Onlypunjab.com
Shares of Cyberonics Inc. jumped 14 percent before the bell on Thursday after the medical technology company said federal health regulators had given conditional approval to a depression treatment.

Rite Aid Posts Profit, Shares Drop
Publish Date : 9/23/2004 6:25:00 PM   Source : Business News Onlypunjab.com
Drugstore chain Rite Aid Corp. on Thursday reported a quarterly profit, reversing a year-ago loss, as lower borrowing costs offset the effects of sluggish sales growth.

Blacks Sue Wal-Mart for Discrimination
Publish Date : 9/23/2004 6:24:00 PM   Source : Business News Onlypunjab.com
A federal lawsuit alleges Wal-Mart Stores Inc. discriminates against blacks seeking truck-driving jobs, a contention the world's largest retailer denies.

Enron Pressured Merrill in Deal -Attorney
Publish Date : 9/23/2004 2:24:00 PM   Source : Business News Onlypunjab.com
Enron Corp., desperate to meet profit targets, "parked" unwanted power generating barges at Merrill Lynch in a sham sale designed to be reversed, a prosecutor said on Tuesday in the first criminal trial ....

Martha Stewart to Start Prison in October
Publish Date : 9/23/2004 2:08:00 PM   Source : Business News Onlypunjab.com
A federal judge on Tuesday ordered homemaking icon Martha Stewart to report to prison in less than three weeks to begin serving her five-month jail sentence for lying about a suspicious stock sale.

Fed Raises Rates for Third Time This Year
Publish Date : 9/23/2004 2:06:00 PM   Source : Business News Onlypunjab.com
The U.S. Federal Reserve on Tuesday raised interest rates for the third time this year by a quarter of a percentage point and said the economy was regaining momentum, signaling at least one more to come.

PeopleSoft's Chief Executive Rallies His Troops Vs. Oracle
Publish Date : 9/23/2004 1:08:00 PM   Source : Business News Onlypunjab.com
PeopleSoft Chief Executive Craig Conway rallied 13,000 company faithful during his keynote speech Tuesday at the company's annual users' conference in San Francisco.

US tobacco firms' trial under way
Publish Date : 9/22/2004 7:35:00 PM   Source : Business News Onlypunjab.com
America's largest tobacco companies are accused of lying about the effects of smoking over a 50-year period as a government lawsuit gets under way.

Shell seeks to reassure investors
Publish Date : 9/22/2004 7:25:00 PM   Source : Business News Onlypunjab.com
Anglo-Dutch oil giant Shell will attempt to restore investors' faith in its strategy at a briefing for oil analysts on Wednesday.

First UK Islamic Bank opens doors
Publish Date : 9/22/2004 7:07:00 PM   Source : Business News Onlypunjab.com
The UK's first Islamic law compliant stand-alone High Street bank is to launch in London on Wednesday.

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