Friday, April 29, 2016
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Marathon profits plunge during a weak 1st quarter
Marathon Petroleum Corp.’s profits nearly evaporated in the year’s first quarter as the company dealt with higher operating costs and significantly lower profit margins in its keystone refining segment. The Findlay company said Thursday it earned $1 million, or less than 1 cent a share, for the first quarter. Last year, Marathon posted a profit of $891 million, or $1.63 a share.
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Profit, sales down for Libbey
Sales slip 2.7 percent from last year.
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Hot dogs have lifted Burger King
Parent company says sales rose 4.4 percent in the U.S. and Canada.
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Comcast buying DreamWorks
Cable firm inks $3.55 billion deal with animation studio. 
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