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On the eve of the 139th Kentucky Derby, Brian Shactman talks to Churchill Downs' CEO Robert Evans about racing and revenues.
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*Toyota met mid-term profit and margin goal in FY 2012/ 13. TOKYO, May 8- Toyota Motor Corp refuses to be tempted away from its low-risk growth strategy, even as the world's bestselling carmaker met its mid-term profit goals in the year ended March, aided by the weaker yen.
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His bill has little chance of winning approval in the Democratic-controlled Senate. Starting next year under FATCA, foreign banks, investment funds and other financial institutions will have to tell the U.S. Internal Revenue Service about Americans with accounts that are worth more than $50,000.
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*Toyota likely met mid-term profit and margin goal in FY 2012/ 13. *Toyota not building new plants for three years By Yoko Kubota. TOKYO, May 8- Toyota Motor Corp refuses to be tempted away from its low-risk growth strategy, even as the world's bestselling carmaker is likely to show that it met its mid-term profit goals in the year ended March, aided by the weaker yen.
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May 7- U.S. power company FirstEnergy Corp said on Tuesday it hired an adviser and started implementing its plan to sell up to 1,240 megawatts of unregulated non-core hydro generation assets.
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*Toyota likely met mid-term profit and margin goal in FY 2012/ 13. *Toyota not building new plants for three years. TOKYO, May 8- Toyota Motor Corp refuses to be tempted away from its low-risk growth strategy, even as the world's bestselling carmaker is likely to show that it met its mid-term profit goals in the year ended March, aided by the weaker yen.
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WASHINGTON, May 7- The Senate Banking Committee chairman warned Tuesday the U.S. Export-Import Bank could be forced to stop operations in two months unless the Senate quickly approves the nomination of Fred Hochberg to lead the government-run bank for another four years.
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WASHINGTON, May 7- The Senate Banking Committee chairman warned Tuesday the U.S. Export-Import Bank could be forced to stop operations in two months unless the Senate quickly approves the nomination of Fred Hochberg to lead the government-run bank for another four years.
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LONDON, May 7- U.S. coal miners have been among the biggest victims of the shale revolution and tougher emission controls on power plants. U.S. coal miners produced about 1,016 million short tons last year, down just over 7 percent from 1,094 million tons a decade earlier, according to estimates published by the U.S. Energy Information Administration.
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May 6- Benjamin F. Edwards& Co, a boutique brokerage with family ties to the old A.G. Edwards& Sons, said on Monday it added nine new advisers and opened two new offices in Alabama and Florida. In Alabama, former Wells advisers Steven Phillips and Thomas Luttrell moved to Benjamin Edwards to open a new office for the firm in Birmingham.
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SHANGHAI, May 6- Yum Brands Inc on Monday said its roughly 450 Little Sheep hot pot restaurants in China are not involved in a fake mutton scandal that is the latest tainted food saga to rock the country that is the fast-food chain's largest market.
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SHANGHAI, May 6- Yum Brands Inc on Monday said its roughly 450 Little Sheep hot pot restaurants in China are not involved in a fake mutton scandal that is the latest tainted food saga to rock the country that is the fast-food chain's largest market.
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*Shipping industry has a history of support in Congress. During a lobbying blitz in the past month, roughly 130 tugboat and barge operators fanned across Capitol Hill, meeting with lawmakers and congressional staffers.
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On the eve of the 139th Kentucky Derby, Brian Shactman talks to Churchill Downs' CEO Robert Evans about racing and revenues.
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International travel usually ranges from $8,000 to $30,000, depending on the number of horses. Yet, some owners do whatever is wanted and needed to get the horse to the race.
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A look at the early favorites to watch in the Kentucky Derby this year, with CNBC's Brian Shactman.
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May 2- Mattress maker Tempur-Pedic International Inc's first-quarter revenue fell 11 percent, excluding its recent Sealy's acquisition, hurt by a decline in sales at its core North America business.
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May 2- A public relations disaster pumped up Beam Inc's first-quarter profit. Beam on Thursday said net income rose to $114.5 million, or 71 cents per share, in the first quarter, from $79.1 million, or 49 cents per share, a year earlier.
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CNBC's Brian Shactman is at the home of Saturday's Kentucky Derby, where Brown-Forman has cooked up a mint julep with a $1,000 price tag. Tim Laird, Brown-Forman's "Chief Entertaining Officer" makes one for Brian and explains what makes it so expensive.
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May 1- Hilliard Lyons, the Louisville, Kentucky- based brokerage firm, said on Wednesday it added a team of two veteran advisers from Raymond James Financial Inc's. Advisers Steven Smith and Sean Miranda, who together managed $200 million in client assets, moved to Hilliard Lyons on Wednesday after roughly a decade with Raymond James.
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*Cool late-week outlook for Texas and the Midwest. "The market started off lower, maybe on some profit taking after Monday's big run up, but we're not expecting a very big storage injection this week," said Jacob Correll, commodity analyst at Schneider Electric in Kentucky.