David Thomas News
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Justin Reeves sat in a middle-school gymnasium near Houston, watching his two sons’ basketball practice while earning his bachelor’s degree in nursing from the University of Texas at Arlington.
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Barratt Developments Plc, the largest U.K. homebuilder by volume, said full-year revenue rose about 14 percent as the company sold more homes at higher prices.
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Russian sales of new cars and light commercial vehicles may recover to a 2008 record if Europe’s financial situation remains stable, according to auto manufacturers.
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Shares of companies such as Granite Construction Inc. and Aecom Technology Corp. have outperformed the broader market since June as a $105 billion transportation bill is boosting the industry.
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Barratt Developments Plc, the U.K.’s largest homebuilder by volume, said it won’t pay an annual dividend after posting its first full-year profit since 2008. The shares fell the most in four months.
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When Marion McCollom Hampton graduated from the Yale School of Management in 1982, the program didn’t grant business degrees and she didn’t want one. Its mission was to train leaders of all sorts, not just executives, she said.
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Melrose Resources Plc, a U.K. oil and gas company with assets in Europe and the Middle East, said production rose 23 percent in the first half to 20,200 barrels a day on increased output in Egypt and Bulgaria.
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Russian sales of new cars and light trucks may rise about 18 percent this year as the economy recovers and the government encourages customers with a “cash- for-clunkers” program.
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Invensys Plc, the British maker of railway software and washing-machine controls, said efforts to reduce pension liabilities are being hampered by the current slump in equity markets.
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Barratt Developments Plc, the U.K.’s largest homebuilder by volume, climbed the most since November 2009 in London trading after first-half earnings rose 40 percent.
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