GM to Make Cadillac SRX in U.S.

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General Motors said it would invest as much as $185 million to build small engines at its Spring Hill, Tenn., assembly plant and move production of its Cadillac SRX crossover vehicle to the facility from Mexico.

New Diageo Campaign Markets Guinness to Younger Africans

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Diageo PLC is pitching Guinness to younger drinkers across Africa in an attempt to revive sales of the Irish stout, which have stalled in the past year as the continent's economies have sputtered.

Valeant's Allergan Suit Fast-Tracked

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A Delaware judge has fast-tracked a lawsuit from Valeant Pharmaceuticals and hedge-fund manager William Ackman against Allergan, handing the pair a small victory in their hostile bid for the drug maker.

Telefónica May Sweeten Bid for GVT

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Vivendi's board is slated to meet Thursday to discuss an $8.8 billion offer for its Brazilian unit, GVT, by Spanish telecom giant Telefónica, amid expectations of a rival bid from Telecom Italia.

Guess Cuts Outlook As Fall Collection Disappoints

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Guess warned its fall retail collection hasn't seen the traction it expected with consumers, prompting the apparel retailer to lower its outlook for the year.

Lion Capital Exercises Right To Name American Apparel Director

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Lion Capital, an investment firm that holds warrants to buy 12% of American Apparel Inc.'s stock, has told the company it is exercising its right to fill one of the two vacant board seats it controls, people familiar with the matter said.

Paramount Group Files IPO Prospectus with SEC

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Paramount Group Inc. filed a prospectus for an initial public offering with the Securities and Exchange Commission Wednesday.

Dupont Settles Over Toxic Gas Leaks

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DuPont agreed to pay $1.28 million to resolve alleged violations tied to hazardous chemical leaks at a West Virginia chemical plant that left one DuPont worker dead.

Williams-Sonoma Sales Improve

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Williams-Sonoma's fiscal second-quarter sales improved, but the high-end home retailer's forecast for the current quarter fell short of Wall Street expectations.

Lear to Buy Eagle Ottawa for $850 Million

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Lear Corp. said it has agreed to acquire Eagle Ottawa LLC, the world's largest supplier of premium automotive leather, for $850 million in a move that boosts the company's core automotive-seating business.

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