Honda Profit Up 20%, Lifts Outlook

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Honda said its earnings rose 20% in the latest quarter, benefiting from growth sales gain, and the Japanese auto maker raised its profit outlook for the full year.

Klepierre to Buy Corio for $9.68 Billion

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French real-estate company Klepierre, which owns shopping malls across Europe, is to buy Dutch rival Corio for €7.2 billion ($9.68 billion) in a deal that will create an industry leader with €21 billion worth of assets.

Bank of America Cuts Russia Exposure

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Bank of America continues to cut its exposure to Russia amid increasing political tension in the region.

U.S. Steel Loss Narrows

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U.S. Steel's second-quarter loss narrowed as the company continues to cut costs amid a still-glutted global market.

IAC/InterActive Unit Agrees to Buy Princeton Review

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A unit of IAC/InterActive Corp. has reached a deal to buy test-preparation service The Princeton Review from Charlesbank Capital Partners, the companies said Tuesday.

Equity Residential Results Rise on Rental Demand

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Apartment developer Equity Residential reported second-quarter normalized funds from operations at the high end of its guidance, as demand for rental housing "remains exceptionally strong."

DreamWorks Animation Reports Loss

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DreamWorks Animation swung to a second-quarter loss, as the film-animation studio saw revenues dive nearly 43%.

Twitter's User Growth Picks Up

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Twitter said its second-quarter revenue more than doubled and the company saw an uptick in user growth, signaling its efforts to make the short messaging service more appealing to the masses may be bearing fruit.

Ameriprise Profit Rises

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Ameriprise Financial Inc. said its earnings rose 16.5% as the financial-services company posted a strong performance in its advice and wealth-management unit.

Panera Bread's Quarterly Profit Slips on Higher Costs

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Panera Bread's second-quarter net profit slipped as higher costs masked an uptick in sales.

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