MasterCard Profit Rises 15% on Higher Payment Volumes

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MasterCard Inc. said its profit jumped 15% in the most recent period as the credit-card company posted higher revenue and payment volumes.

TransCanada Files for Energy East Pipeline

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TransCanada Corp. filed a formal application with Canada’s main energy regulator for a C$12 billion pipeline that would ship landlocked western Canadian crude to refineries on the country’s east coast.

Former Ting Hsin Executives Indicted

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Several former executives of Ting Hsin International and its suppliers were indicted in Taiwan, for allegedly selling cooking oil tainted with animal feed.

Teva Earnings Jump 23%

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Teva Pharmaceutical’s third-quarter earnings rose a better-than-expected 23%, driven by a jump in profitability in its generic medicine segment.

Thomson Reuters Profit Falls 12%

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Thomson Reuters Corp. said its third-quarter profit fell 12% as currency fluctuations and an income tax expense masked a slight uptick in revenue.

Fujifilm Pledges Ebola Drug To Patients

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Fujifilm Holdings will prioritize providing its drug Avigan for those suffering from the Ebola disease, but it is difficult to say how that will affect profitability.

BT Strikes Netflix Deal as Profit Falls

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BT Group PLC said it struck a partnership deal with Netflix to add the U.S. entertainment streaming platform to its growing television service, even as the British telecom incumbent posted lower quarterly profit and revenue.

ConocoPhillips's Earnings Rise

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ConocoPhillips said its third-quarter earnings grew 9% on increased oil and gas production, despite a drop in selling prices.

Chinese Auto Maker SAIC Sees Profit Grow 5%

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SAIC, China’s largest auto maker by sales, said its third-quarter net profit rose 5% on solid sales gains at its joint ventures with Volkswagen and GM.

Time Warner Cable Profit Drops

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Time Warner Cable Inc., still awaiting regulatory approval for its deal to be bought by larger peer Comcast Corp., said its third-quarter profit fell 6%, missing expectations, as the company lost subscribers.

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