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Japan's Toyota Motor Corp President Akio Toyoda speaks during a joint news conference with Salesforce.com Chief Executive Officer Marc Benioff in Tokyo May 23, 2011.

Toyota Quarterly Earnings Up 500%, Shares Soar Despite Hard Fiscal 2012

Toyota Motor Corporation (NYSE: TM) reported a 30 percent drop in income for its fiscal year ended March 31, but the company is nevertheless making headway down the road to recovery from last year's earthquake in Japan and floods in Thailand as income for January-March 2012 increased by a factor of five.
The Toyota logo is shown on the front of a Prius Hybrid vehicle during the first press preview day for the North American International Auto Show in Detroit

Toyota Profit Climbs Amid Improving US Market

Japanese automaker Toyota Motor Corp said Wednesday that its net profit for the three months ending March 31 surged five times compared to a year earlier as the car market picked up in the US.
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Pre-Market Movers (DGI, LNKD, VE, DB, DOW, NRF, SDRL, AIG)

The companies whose shares are moving in pre-market trade Friday are: DigitalGlobe Inc, Linkedin Corporation, Veolia Environnement, Deutsche Bank, The Dow Chemical Company, Northstar Realty Finance Corp and Seadrill Ltd American International Group Inc.
Cannibal Shrimp

Cannibal Shrimp Invading U.S. Waters

The U.S. coast is being invaded by cannibal shrimp, according to by the U.S. Geological Survey and the National Oceanic and Atmospheric Administration.
Vegas

Travel Picks: Top 10 Wedding Anniversary Spots

As Britain's Prince William and his wife Catherine approach their first year of marriage on Sunday, online travel adviser Cheapflights has come up with a list of its top 10 travel destinations to celebrate wedding anniversaries.
Ford Motor Company CEO Alan Mulally

Ford Earnings Stall In 1Q On Poor Global Performance

Ford Motor Company (NYSE: F), the second-largest U.S. carmaker, said Friday profit fell 20.5 percent, missing analysts' predictions, on lower European sales, plunging South American profit and a drop in Ford Credit profit.
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SEC Probes Movie Studios Over Dealings In China

U.S. regulators are investigating major U.S. movie studios' dealings with China as the entertainment companies try to get a greater foothold in one of the fastest-growing movie markets in the world.

Argentina Boosted Gold Reserves When Price Was High

Argentina added to its gold reserves for the first time in nearly six years in September 2011 as the price hit record highs, mirroring the trend among emerging central banks to diversify further from paper currencies such as the U.S. dollar.
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Nestle may sell part of Pfizer assets: report

Swiss food group Nestle SA may sell about 10 to 15 percent of the $11.9 billion baby food business it is buying from Pfizer Inc to address antitrust concerns, Bloomberg News reported on Monday.
A customer looks over Toyota automobiles at a dealership in Daly City, California

US Auto Sales 1Q Speed Past Expectations

U.S. automobile sales last quarter beat predictions for the first time since 2008 as demand for small and fuel-efficient cars, strong fleet sales and pent-up demand drove sales up to 14.5 million cars on a seasonally adjusted annual selling basis, according to J.D. Power and Associates and LMC Automotive.

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