McDonald's Japan Withdraws Guidance, Citing Chinese Supplier

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McDonald's Japan withdraws financial guidance for 2014, citing lost sales and higher expenses caused by a scandal involving a Chinese chicken supplier accused of unsanitary practices.

BlackBerry to Buy German Encryption Technology Firm

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BlackBerry Ltd. agreed to acquire Germany's Secusmart GmbH for an undisclosed amount to further bolster its mobile security offerings for companies and governments.

'Ramadan Rush' Lifts U.K. Retail

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High-end stores in London have long sold gifts to well-heeled Muslim tourists for the holy month of Ramadan, but more middle-market outlets are beginning to feel the effect as well.

Windstream to Form REIT

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Windstream said it intends to spin off some of its telecommunications network assets into an independent, publicly traded real estate investment trust.

Wynn Resorts Profit Jumps

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Wynn Resorts said its second-quarter earnings grew 57%, as margins grew and the company's Macau and Las Vegas operations both posted revenue growth.

Renault Profit Surges on Cost-Cutting

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Renault reported a steep rise in first-half profit, as the French car maker benefited from a cost-cutting drive and the absence of provisions that hurt its performance in the same period last year.

UPS Credits E-Commerce for Growth

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UPS said its revenue rose as the company attributed an increase in demand to e-commerce and growth in package shipments.

Money, Politics Stir Argentine Intrigue

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Money-laundering allegations against Argentine construction baron Lázaro Báez are focusing attention on the wealth of President Cristina Kirchner and her late husband Néstor.

Corning Profit Declines on Charges

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Corning said its second-quarter earnings fell as charges weighed on the maker of TV-screen glass's bottom line, masking a jump in sales.

McGraw Hill Financial Results Top Views

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McGraw Hill Financial said its second-quarter profit and revenue jumped as demand grew for its ratings services.

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