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Business News
Ford's 2Q profit falls on trouble in US, China
DEARBORN, Mich. (AP) -- Ford Motor Co.'s net income fell 9 percent to $2.0 billion in the second quarter as the company struggled with flattening U.S. sales and lower sales in China....
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World shares mixed as investors await Bank of Japan decision
HONG KONG (AP) -- World stock benchmarks were uneven Thursday as investors digested an upbeat Fed assessment of the U.S. economy that raised the prospect of further rate hikes, while anticipating more stimulus from Japan....
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SoftBank profit up 19 pct as Japan sales offset Sprint loss
TOKYO (AP) -- SoftBank Group Corp., the Japanese technology company that owns U.S. wireless carrier Sprint Corp., reported Thursday a fiscal first quarter profit of 254.2 billion yen ($2.4 billion), up 19 percent from the same period last year....
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Repsol Q2 profit down 30 percent due to restructuring costs
MADRID (AP) -- Spanish energy company Repsol has posted a net profit drop of 30 percent in the second quarter compared with the same period last year mainly because of workforce restructuring costs....
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AstraZeneca says 2Q earnings fell 22 percent
LONDON (AP) -- Anglo-Swedish drugmaker AstraZeneca says second-quarter earnings fell 22 percent after sales of its blockbuster cholesterol drug Crestor dropped sharply after a generic alternative came on the market in the United States....
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