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Business Inventories Fall; Sales Rise

U.S. business inventories fell in March but sales rose, the Commerce Department said Friday.

May 11, 2007

April Retail Sales Fall 0.2%

Retail sales fell 0.2% in April, the Commerce Department said Friday.

May 11, 2007

Clarke Sets 2-for-1 Stock Split

Canadian holding company Clarke Inc. said Thursday its first-quarter earnings improved, and the company’s board approved a 2-for-1 stock split.

May 10, 2007

Feds Probing Oil-Trading Practices

Federal regulators are looking into possible manipulation of crude oil prices by after-hours trading practices, the Wall Street Journal reported Thursday.

May 10, 2007

April Import Prices Rise 1.3%

The price of goods imported to the United States rose 1.3% in April in a third straight gain, the Labor Department said Thursday.

May 10, 2007

Trade Deficit Jumps 10.4% in March

The U.S. trade deficit grew by 10.4% in March as oil imports surged, the Commerce Department said Thursday.

May 10, 2007

U.K. Hedge Fund Seeks Rail Returns

A British hedge fund that owns shares of U.S. railroads Union Pacific Corp. and BNSF Railway, in addition to its previously disclosed holdings of CSX Corp., wants better returns from its U.S. rail holdings, Bloomberg reported.

May 10, 2007

Moyes Completes Swift Buyout Deal

Swift Transportation Co. founder Jerry Moyes said Thursday he has completed his $2.5 billion takeover of the truckload carrier.

May 11, 2007

Letters to the Editor: Opening the Mexican Border

These letters appear in the May 7 print edition of Transport Topics. Click here to subscribe today.

May 9, 2007