Chiquita Ends Banana Deal

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Chiquita has terminated its deal with Irish food company Fyffes and said it instead plans to enter negotiations with Cutrale-Safra, the coalition between a Brazilian orange juice maker and an investment firm.

UPS Sees 11% December Shipment Rise

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UPS said its revenue rose 5.7% in the latest quarter, boosted by a higher number of deliveries from overseas, and added that it expects shipments in December to jump 11% from a year ago.

P&G to Shed Duracell

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P&G said it plans to exit its Duracell business, with plans to carve off the leading battery brand with $2 billion in global sales into a separate company. The plan was announced as P&G reported flat sales and a 34% profit drop for its fiscal first quarter.

Delphi, Lear Post Higher Profits

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Auto-parts makers Delphi Automotive and Lear notched strong third-quarter profits and repurchased more shares as revenues topped the $4 billion mark amid strong demand in North America and China.

Amazon Stumbles on Spending

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Amazon’s soaring ambitions are coming at a steep cost, dragging the e-commerce giant to its largest quarterly loss in 14 years.

Buffett Puts Wind in Berkshire's Sails

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Famed billionaire Warren Buffett has doubled down on renewables—and wind power in particular—in his energy strategy.

Is Free Data the Next Free Shipping?

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Services that offer users data or pay data costs for visiting websites, signing up for free trials or watching movie trailers from smartphones or tablets are gaining traction.

Pepsi to Test Drinks In SodaStream Machines

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Pepsi confirmed that it will test some of its drinks in SodaStream International’s home-carbonation machines in the U.S.

Gucci Finds Luxury a Tougher Sell

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The travails at Gucci are emblematic of the problems afflicting fashion’s big power houses.

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