Generics Dent AstraZeneca Profit

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AstraZeneca posted a 50% fall in first-quarter profit, below analysts' expectations, as sales of its best-selling drugs continued to be dented by generic competition.

Apple Plans Another Large Debt Sale

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A year after it pulled off a then-corporate record $17 billion bond sale, Apple's plans to raise a "similar" sum this year highlight strong investor demand for debt issued by highly rated companies.

Are you bothered by the fact that President Obama bowed to a Japanese robot?

Amazon Tries Its Own Deliveries

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Amazon is testing its own delivery network for "the last mile," the final leg of a package's journey to consumers' doorsteps. The new delivery efforts will get Amazon closer to a holy grail of e-commerce: same-day shipping.

Ladies' Home Journal to End Monthly Publication

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Meredith Corp.'s "Ladies' Home Journal," one of the country's oldest women's magazines, will end regular monthly publication this July, the victim of declining ad revenue.

Strong Euro Saps Renault Growth

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French car maker Renault says the euro's appreciation against emerging-market currencies had erased organic growth of its revenue in the first quarter, but the company reaffirmed its full-year earnings guidance.

Vivendi Plans $7 Billion in Dividends, Buybacks

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Vivendi plans to plow $6.89 billion into dividends and share buybacks this year and next, following a flurry of asset sales to refashion the company into a smaller group based around media.

Canadian Software Firm Kinaxis Plans IPO in Coming Weeks

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Canadian software company Kinaxis is preparing an initial public offering, according to people familiar with the matter, signaling a resurgence in Canada's IPO market

Kering to Reorganize Brands

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Kering said it was confident its performance would improve this year, even as first-quarter revenue grew only slightly from a year earlier, dented by a drop in sports and lifestyle products sales.

FCC Easing Up on 'Net Neutrality'

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Regulators are proposing rules on Internet traffic that would let broadband providers charge companies a premium for access to their fastest lanes.

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