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HP profit plummets, CEO urges patience
SAN FRANCISCO (Reuters) - Hewlett-Packard Co's earnings fell nearly 44 percent and the world's No. 1 computer maker forecast a second-quarter profit below Wall Street estimates as it struggles with...
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U.S. advisers back experimental obesity pill
SILVER SPRING, Maryland (Reuters) - Experimental obesity drug Qnexa won the backing of U.S. health advisors on Wednesday, raising hopes for approval of the first prescription weight-loss pill in 13...
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Victoria's Secret parent sees weak quarter, shares drop
(Reuters) - Victoria's Secret parent Limited Brands Inc posted a smaller quarterly profit and forecast earnings that could miss analyst expectations, sending its shares down more than 3 percent...
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Garmin finds new direction with fitness gadgets
(Reuters) - Garmin Ltd forecast a strong year ahead, signaling that increasing demand for its outdoor and fitness GPS products was offsetting declines at its traditional personal navigation device...
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Kingfisher outlook dims further on loan denial
NEW DELHI/MUMBAI (Reuters) - State Bank of India , the country's top lender, has not extended further loans to debt-crippled Kingfisher Airlines , a bank official said, denying reports that the...
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Eaton Vance 1st-quarter profit rises but posts net outflow
(Reuters) - Eaton Vance Corp reported a net outflow of investor cash for the second quarter in a row, even as its first quarter profit rose 26 percent helped by certain investment gains.
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Housebuilder Barratt back in black as focus pays off
LONDON (Reuters) - British housebuilder Barratt returned to profit in the first half, thanks to its focus on higher-margin regions and on houses rather than apartments, and said the positive trend...
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Apple shareholders to meet as stock at record high
SAN FRANCISCO (Reuters) - Apple Inc Chief Executive Tim Cook is in an enviable position - market leading products, a $98 billion warchest and a seemingly gravity-defying stock price.
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Mazda eyes $2 billion share offering as strong yen bites
TOKYO (Reuters) - Mazda Motor Corp said on Wednesday it was looking to raise up to 162.8 billion yen ($2 billion) in its second public share offering in 2-1/2 years, underscoring the Japanese...
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Dell shares fall on weak sales forecast
(Reuters) - Shares of Dell Inc fell more than 7 percent in premarket trading on Wednesday, after the world's No.3 personal computer maker forecast weak sales for the current quarter.
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