Daily business briefing: Dave Sinclair Lincoln Mercury files for bankruptcy

February 4, 2014 

Dave Sinclair Lincoln Mercury in St. Peters, Mo. filed for Chapter 11 bankruptcy Monday. The St. Louis Business Journal reports that an ongoing contract dispute with a Texas-based company dating back to 2009 led to the decision to file for bankruptcy protection. Read more at http://www.bizjournals.com/stlouis. ...

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JCPenney is reporting a 3.1 percent rise in comparable-store sales during the recent holiday period. Fourth-quarter sales at stores open at least a year climbed about 2 percent. Find out more at http://www.bnd.com/business. ...

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Toyota Motor Corp. reported a fourth quarter profit of $5.2 billion, up from a year earlier. Quarterly sales jumped 24 percent to $64.2 billion. Learn more at http://www.bnd.com/business. ...

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Profit rose 20 percent at Panasonic Corp. during the fourth quarter as growth. The Japanese company's net income also increased to $728 million. For more information, go to http://www.bnd.com/business.

-- Will Buss, BND business writer

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