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Finance News
Lowe's 1Q profit rises, chilly spring hurts sales
Lowe's first-quarter net income rose almost 3 percent, even as a wet and cool spring dampened sales of gardening products.
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US auto factories cutting back on summer downtime
Detroit auto factories are forgoing their traditional two-week summer break and speeding up production to meet buyers' growing demand for new cars and trucks.
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Bank of England remains divided on stimulus
The Bank of England's policymakers remain divided on whether to provide more stimulus to the flat-lining economy, according to the minutes of their meeting in May.
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