Sears Seeks New Cash Via Two Paths

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Sears is again turning to billionaire CEO Edward Lampert for funds, as the struggling retailer shores up its balance sheet ahead of the holiday season and seeks to reassure vendors worried about its health.

IBM Pulls Profit Goal, Sees Slowdown in Client Spending

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IBM missed its third quarter profit estimate and acknowledged it won’t meet a goal of achieving earnings of at least $20 a share next year, a target it stood by for five years, amid slowdowns in its hardware and services businesses.

Andreessen to Leave eBay Board

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EBay said venture capitalist Marc Andreessen has decided to resign from the company’s board. His presence on the board had been criticized by activist investor Carl Icahn.

Strikes by Train Drivers, Pilots Hit Germany

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Strikes by German train drivers and airline pilots are threatening Europe’s largest economy and pushing the government into toughening up labor laws, a senior politician said Monday.

Walgreen Says Ex-CFO Was Responsible for Financial Forecast

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Walgreen Co. challenged the version of events presented by its former Chief Financial Officer Wade Miquelon in a defamation lawsuit, saying in a court motion that the former executive was responsible for the disappointing financial forecast that preceded his departure.

Big Chains Put a Lock on First-Run Movies

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Multiplex movie chains are more frequently gaining exclusivity of new releases in certain areas, shutting out independent theaters.

SAP Posts Higher Quarterly Profit, Cuts Outlook

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Enterprise software provider SAP lowered its earnings outlook for this year, despite reporting a 15% rise in third-quarter net profit, boosted by growth in subscriptions for its cloud-based software products.

Canadian Pacific, CSX Talks End

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Canadian Pacific Railway said exploratory talks with CSX about a possible merger have ended and no further discussions are planned.

ISS, in Switch, Backs Chiquita-Fyffes Deal

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An influential shareholder advisory firm changed course Monday and recommended Chiquita Brands International Inc. shareholders vote in favor of its planned tie-up with Irish fruit grower Fyffes.

Fujifilm to Boost Production of Antiflu Drug for Ebola Treatment

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Fujifilm Holdings Corp. said Monday it is preparing to manufacture up to 300,000 new courses of treatment of its anti-influenza drug for use in people with Ebola virus disease—the latest sign of the drug industry’s scramble to help contain the widening outbreak.

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