News from August 20, 2012

August 20, 2012

Mercy Hospital may be sold to Mass. chain Several photos included in this story

 Steward Health Care System would become the first for-profit company to own a Maine hospital.

August 20, 2012

Xerox adding 55 jobs in Lewiston

The company already employs about 350 people in the state.

August 20, 2012

FairPoint CEO says revenues will grow

The growth among business customers should begin exceeding the loss of residential landline customers later this year, says Paul Sunu.

August 20, 2012

Apple sets record for company value at $621B

On Monday Apple became Wall Street's all-time MVP — it's Most Valuable Property ever.

August 20, 2012

Facebook stock drops below $19, half of IPO price

Investors are worried about Facebook's ability to garner mobile advertising dollars as users flock to smartphones and tablet computers.

August 20, 2012

Your ad here? NY brothers promote toilet-paper ads

The concept's aim is to advertise to "a really captive audience."

August 20, 2012

Maine gas prices up 4 cents per gallon

Current prices are more than 14 cents per gallon higher than they were at the same time last year.

August 20, 2012

Hate Mondays? It seems the market does, too

It's the only day the stock market is more likely to fall than rise. And the two worst days in market history are both called 'Black Monday.'

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