DuPont Trims Outlook on Agricultural Weakness

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DuPont on Tuesday trimmed its earnings outlook for the year, as weak demand in crop protection markets, lower corn area in Latin America and tepid soybean volumes weigh on its agricultural business.

Ford Posts 44% Jump in Profit

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Ford Motor Co. reported a 44% jump in net income for the second quarter with North America recording its largest quarterly profit ever and profit margins rising in Asia Pacific.

Diageo Terminates Heineken Partnership in South Africa

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Diageo said it will terminate its partnership with Heineken in South Africa, as the world’s largest spirits maker moves to wield more control over an increasingly important market.

CIT Group Profit Slides on Revenue Decline

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CIT Group said profit in its latest quarter slid as noninterest income fell and expenses rose.

Samsung Looks to Bigger Galaxy for Smartphone Star

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Samsung is revamping one of its most important product releases of the year, underscoring the pressures the company faces as its mobile earnings take a hit from Apple and Chinese rivals.

Pfizer Boosts Its Earnings Outlook

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Pfizer lifted its full-year outlook as its new treatments continued to drive growth in the second quarter.

Ford Bets on Fancy Pickups

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Auto makers are finding more buyers with money and a desire to flaunt their rides snapping up an emerging class of $50,000 and up pickups that have the same leather, electronics and appointments as a luxury car.

Brokers Are Trusted Less Than Uber Drivers, Survey Finds

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More Americans seem to trust the drivers they hail on the popular car-service app than brokers, according to Personal Capital Corp., a Redwood City, Calif.-based registered investment adviser that manages more than $1.5 billion.

Investors Warned on Carlyle Hedge Fund

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Carlyle’s $5 billion hedge-fund firm, Claren Road Asset Management, faces the prospect of withdrawals after an influential consultant advised clients who are invested in Claren Road to pull their money.

Weakness in Asia Batters Currencies Abroad

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The global commodities slump is testing the resilience of resource-driven economies, pushing currencies from Australia, Canada and Norway to lows not seen since the financial crisis.

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