Business Update: Jobless data flat

(01:32) Report

Feb. 19 - The same amount of Americans lined-up for first time jobless benefits last week compared to the prior week, but a record number are still receiving benefits.

Producer prices rose in January for the first time in five months. Hormel beats, Sprint Nextel sheds subscribers, and Hewlett-Packard cuts its full-year outlook. The fallout from the $8 billion Allen Stanford fraud allegation spread across Latin America, the Caribbean and possibly beyond. Conway Gittens reports from New York.

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