Eli Lilly Loses Alimta Patent Case

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A German court ruled that Eli Lilly & Co. cannot prevent a competitor from selling a generic form of its key Alimta cancer drug once the patent expires this December.

Apple to Join Dow, Replaces AT&T

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Apple will join the Dow Jones Industrial Average this month, a long-anticipated change that adds the world’s most-valuable company to the 119-year-old blue-chip index.

Canadian Crude Exports by Rail Drop in Latest Quarter

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Canada’s national energy regulator said Thursday exports of crude oil by rail dropped in the latest quarter, a sign that lower oil prices have made shipments by rail less attractive to some Canadian crude producers.

Oil Sparks Storage Dilemma

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As oil-storage tanks near capacity, some analysts predict the spillover will send crude prices even lower.

Alcoa Studies Capacity Reductions

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Alcoa said it is considering closing or divesting itself of some of its smelting and refining operations as part of a continuing effort to improve its profitability.

Big Banks Pass First Fed Test

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The largest U.S.-based banks are strong enough to keep lending during a severe recession, the Federal Reserve said, a sign many banks will soon get permission to return profits to investors by raising dividends or buying back shares.

Tribune Media Earnings More Than Double

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Tribune Media Co. posted upbeat revenue guidance for the year, as higher advertising revenue and retransmission fees helped its earnings more than double in the December quarter.

Foot Locker Results Top Expectations

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Foot Locker posted better-than-expected results in its holiday quarter as the sportswear retailer continues to benefit from strong sales growth.

Big Lots Posts Soft Guidance

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Big Lots Inc. reported its fourth consecutive quarter of same-store sales growth, but warned that sales for fiscal 2015 would be flat.

Eurozone Growth Drivers Broad-Based

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The modest pickup in eurozone economic growth in the final months of last year was aided by rising investment and exports, a boost to hopes that the currency area’s recovery will strengthen this year.

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