Diamond Foods Swings to a Profit

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Diamond Foods Inc. swung to a profit in the second quarter on improved sales in the U.S. that offset lower sales in the U.K. and the impact of a stronger dollar.

Jordan Seeking More U.S.-Made Rocket Launchers

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The State Dept. has approved a request from Jordan, which is looking to buy 72 of the M31 rocket launchers built by Lockheed Martin.

Trinity Mirror Management Failed to Acknowledge Hacking, Court Told

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Trinity Mirror PLC’s senior management caused further injury to victims of its journalists intercepting voice mails by refusing to acknowledge its newspapers engaged in the practice, a U.K. court was told Thursday.

Novelis CEO Sees Electric Cars Energizing Aluminum Makers

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Aluminum makers, already benefiting from increased use of aluminum by auto makers, stand to gain further from growth in the electric car industry, said Novelis CEO Phil Martens.

Costco Profits Surge on Lower Fuel Costs

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Costco Wholesale reported a better-than-expected 29% rise in earnings in the February quarter, boosted by a tax benefit and lower fuel prices.

Mallinckrodt to Buy Critical Care Company

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Mallinckrodt agreed to buy privately held Ikaria for about $2.3 billion, in a move to expand its presence in hospitals and in the area of critical care.

Emirates Boss Rebuts Unfair Aid Claims

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Emirates Airline President Tim Clark plans face-to-face meetings with U.S. government officials later this month to try to counter claims by the Persian Gulf carrier’s U.S. rivals that it benefits from unfair state aid and should be constrained.

How Should Capital Gains Be Taxed?

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Are capital gains so different from earned income that they should be taxed at a different rate?

'Feeling Certain' and Other Mistakes That Trip Up Investors

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A surging stock market makes investors feel smart. With the S&P 500 near an all-time high, pay heed to the many ways you can go wrong.

Protect Yourself From Tax Identity Theft

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Hackers are using stolen identities to commit tax refund fraud. Here are moves to limit the risk—and steps to take if you’re a victim.

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