Activists Wept for There Were No More Worlds to Conquer

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WSJ columnist Dennis Berman says that by persistent menace and frequent success, the activist investing agenda—buybacks and dividends, cost-cutting and tax gambits—has hardened into the default boardroom agenda, too.

GM Ships Kits to Fix Switches

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General Motors said thousands of kits with ignition switches, ignition cylinders and key sets have been shipped to repair cars included in its recent safety recall.

HBO to Allow Amazon to Stream Older Shows

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HBO agreed to license older episodes of its programming library to Amazon's Prime Instant Video streaming service, the first time the premium cable channel has struck such a deal with an online streaming service.

Norfolk Southern Profit Falls 18% as Revenue Slips

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Norfolk Southern said its first-quarter earnings fell 18% as the railroad operator's revenue declined modestly.

Delta's Profit Surges Despite Weather

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Delta Air Lines first-quarter earnings surged, with higher revenue and passenger demand and despite a sharp rise in flight cancellations from adverse weather.

Kashagan Pipelines Need Replacing

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A consortium developing the giant Kashagan oil field in Kazakhstan, that has been closed since last October, has concluded that pipelines carrying both oil and natural gas from offshore wells need to be replaced, the deputy head of the group said.

Google, SunPower to Finance Solar Leases

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Pact between Google and SunPower will provide financing support for about $250 million of residential solar-lease projects.

Korean Company Considering Bid for Elizabeth Arden

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South Korea's LG Household & Healthcare said it is considering a bid for U.S. cosmetics company Elizabeth Arden.

P&G Profit Edges Up as Costs Fall

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Procter & Gamble's said its third-quarter profit rose 1.7% as expenses fell, though sales also dropped slightly as most of the consumer-products giant's segments suffered sales declines.

Boeing Results Lifted by Strong Jet Demand

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Boeing said its first-quarter earnings fell 13% as costs tied to changes to its retirement plans masked the continued strong demand for its jetliners.

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