Time Warner Cable Results Shy of Estimates

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Time Warner Cable Inc.'s second-quarter profit and revenue improved as the company added more Internet customers, but results just missed analysts' expectations.

Turnaround 'Remains Challenging' at Avon

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Avon said its second-quarter profit shrank as the beauty company continued to post lackluster sales, particularly in Latin America and North America.

Siemens Cautious on Energy Unit

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Siemens posted a rise in second-quarter profit but the German engineering giant warned that its energy business remains a challenge and conflicts around the globe increasingly threaten its expansion plans.

Alibaba Discusses Snapchat Stake

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Snapchat is in discussions to raise a new round of financing from Alibaba in a deal that could value the mobile-messaging app at about $10 billion.

T-Mobile US Swings to Profit, Adds Customers

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T-Mobile US said it gained more than 1.5 million total subscribers in the second quarter, as the fourth-biggest U.S. wireless operator continued to add customers as the market awaits a potential tie-up with Sprint Corp.

Yahoo Japan Launches Car Navigation App

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The app is part of Yahoo Japan's pursuit of more traffic on smartphones, which it sees as key to long-term growth.

For Top Brokers, Junkets Make a Comeback

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Good-bye Detroit, hello Hawaii. With markets at record levels and wealth-management fees rising, Wall Street is once again sending top brokers to luxury destinations.

Rolls-Royce Cuts Outlook for Marine Unit

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Rolls-Royce Holdings downgraded the full-year outlook for its marine unit for the second time this year but reaffirmed that its weaker operational performance is set to improve by the end of 2014.

Diageo Hit by China Slowdown

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Diageo said weakness across emerging markets led to a fall in full-year profit as the U.K. liquor maker suffered from a huge drop in demand in China, the world's biggest liquor market.

Buyout Shops Look to Rivals

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Private-equity firms are increasingly buying companies from each other, a shift driven in part by the relative simplicity of completing such acquisitions.

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