IBM Faces Another Overhaul

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IBM, two decades after successfully shifting its emphasis to software and computer services from hardware, is showing signs of needing another overhaul.

Mexican Stock Exchange's Chief Stepping Down

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Luis Téllez, chief executive of Bolsa Mexicana de Valores SAB, was recently named to country’s petroleum fund.

Hermès' Chinese Brand Slow to Gain Traction

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Hermès doesn’t expect its Chinese brand, Shang Xia, to break even until 2016, as the specialty line strives to build a following—an effort made that much harder by Beijing’s crackdown on lavish gift-giving among government officials.

Verizon Adds Users as Rivals Lurk

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Verizon said it has its largest slug ever of iPhone customers coming off contract this holiday season—as many as 3.1 million—giving rivals a big opening to poach customers from the nation’s largest carrier.

IRobot Earnings Surge on Bump in Sales

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IRobot Corp.’s third-quarter profit surged 87% as the company, known for its Roomba automated vacuum cleaner, reported a bump in sales ahead of schedule.

Will Cheap Gas Hurt Ford Truck?

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The about 14% decline in U.S. fuel prices in the last four months is raising an unexpected hurdle for Ford’s lighter-weight F-150 pickup truck designed for an era of expensive gasoline.

Walgreen Faces Investor Pressure

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An activist adviser for union pension funds is pressing Walgreen Co. to postpone seeking shareholder approval of a major takeover until directors investigate allegations raised by former Chief Financial Officer Wade Miquelon in a defamation lawsuit.

VMware Profit Falls 26%

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said its third-quarter earnings fell 26% as the computer-server software pioneer was hurt by higher expenses, including charges related to its recent acquisition of Airwatch.

Recovering Market for Business Jets Faces Headwinds

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Geopolitical headwinds are threatening to slow recovery in the business jet market just as it has started gaining speed.

Dish Network Dumps CNN

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Satellite TV provider Dish Network Corp. is no longer carrying several channels owned by Turner Broadcasting, including CNN and Cartoon Network, after the companies failed to agree on a new distribution deal.

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