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Business News
US stocks mixed as earnings reports roll in
NEW YORK (AP) -- Stock indexes were little changed in early trading Wednesday as mostly positive earnings in the technology sector were outweighed by disappointing news out of aircraft giant Boeing....
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Commercial jets push Boeing profits up 52 percent
Increased production of passenger jets helped push up Boeing's profit by 52 percent in the second quarter, topping Wall Street's expectations....
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GSK cuts earnings forecast after weak 2nd quarter
LONDON (AP) -- Drug maker GlaxoSmithKline has cut its full-year earnings expectations as it says its second-quarter profits were hit by currency moves and a fall in sales of its respiratory drugs....
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PepsiCo raises forecast after profit beats
PURCHASE, N.Y. (AP) -- PepsiCo Inc. raised its forecast slightly for the year on Wednesday as it continued to slash costs while selling more of its snacks and drinks....
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Delta 2Q profit rises 17 percent
ATLANTA (AP) -- Delta Air Lines Inc. said Wednesday that second-quarter earnings rose 17 percent, topping analysts' expectations, as passengers flew more miles at higher average fares and fuel spending declined....
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