Pulte Meets Expectations, Cites Improving Housing Market

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PulteGroup said the improving economy and higher average selling prices help drive third-quarter results that were in line with Wall Street expectations.

P&G Narrows Field For CEO Succession

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Procter & Gamble shook up its senior management ranks, naming new leaders for key businesses and narrowing the field of potential successors to CEO A.G. Lafley.

AT&T Lowers Revenue Outlook

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AT&T lowered its revenue outlook for the year, pointing to fewer-than-expected sign-ups for its no-contract Next wireless plans that require customers to pay full price for their smartphones.

Nokia's Returns to Profit

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Nokia’s quarterly earnings gave ample evidence that the company’s main network unit has moved well beyond several years of painful restructuring.

Foxconn in Talks for China Display Plant

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Foxconn, the company that assembles the bulk of the world’s iPhones, is in preliminary talks to build a factory in northern China that would make high-end screens for the phones as well, in a sign of the company’s ambition to move up the electronics food chain.

Union Pacific Profit Rises 19% On Freight Traffic Growth

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Union Pacific Corp. said its third-quarter earnings rose 19% benefiting from rail freight that has buoyed the sector, as well as core pricing increases.

GM's Profit Falls 14%

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General Motors reported a 14% drop in its third-quarter profit but beat analyst expectations as strength in North America offset weaker results in other regions of the world.

Vale Produces Record Amount of Iron Ore Despite Falling Prices

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Vale, the world’s biggest iron-ore producer, said its output of the key steelmaking ingredient rose in the third quarter and is on track to set a record for the year despite plunging prices.

Caterpillar Posts Strong Results

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Caterpillar posted stronger-than-expected results for its third quarter as the heavy-machinery maker said restructuring and cost controls paid off in a tough economic environment.

Comcast Profit Rises 50%

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Comcast’s third-quarter profit rose 50%, as the cable giant benefited from a one-time income-tax adjustment and a boost in earnings at its NBCUniversal entertainment arm.

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