Unilever Paints Bleak Picture

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Unilever flagged a further slowdown in emerging markets, even as first-half profit grew on the back of a number of disposals.

Wal-Mart's U.S. Chief to Leave

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Wal-Mart's U.S. chief, Bill Simon, who struggled to lift sales as it fought off competition from dollar stores and online retailers, will leave the company Aug. 8, the retailer said.

Volatile Mix: Social Media and Coupons

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Retailers including Wal-Mart, Target and others are taking steps to limit price-matching as social-media websites turn discounting into a viral frenzy.

Facebook Answers With Mobile Surge

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Facebook's profit more than doubled and revenue beat estimates amid strong growth in mobile advertising.

Elliott Unveils 6.7% Stake In Interpublic

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Activist investor Elliott Management Corp. unveiled a major stake in Interpublic Group of Cos., saying the shares represent an attractive investment opportunity and confirming recent speculation that an activist was building a stake in the advertising firm.

Roche Hurt by Currencies

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Roche Holding's first-half net profit slid 7% under pressure from exchange rates but strong sales of its cancer therapies prompted the Swiss drug giant to confirm its outlook for the full year.

American Airlines Profit Climbs

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American Airlines Group said it posted the highest quarterly profit in the company's history on increased revenue, and unveiled a capital deployment plan.

Is It Over for Tablet Computers?

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As smartphone screens grow larger and laptop computers grow thinner and lighter, sales of the iPad are declining and growth slowing for rival Android tablets.

Caterpillar's Revenue Disappoints

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Caterpillar said its profit rose 4.1% as the machinery maker benefited from lower operating costs and strong construction results, while its mining-related business continued to post weak results.

Southwest Airlines Profit Surges, Beats Expectations

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Southwest Airlines Co. said its second-quarter earnings more than doubled as the carrier reported higher passenger revenue and lower fuel costs.

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