Canadian Pacific Earnings Climb

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Canadian Pacific Railway Ltd. said its third-quarter net income and revenue hit record levels on the back of a 74% surge in revenue from crude oil shipments. However, results fell shy of analyst expectations.

Reynolds American Profit Rises

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Reynolds American said cigarette volumes slipped again, but revenue and profit grew thanks in part to higher prices. The results topped analysts’ expectations.

United Technologies Sales Rise 4.6%

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United Technologies Corp. said its sales rose 4.6% in the latest quarter, driven by higher equipment orders at its Otis elevator and other businesses.

Omnicom Profit Rises

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Advertising company Omnicom posted a stronger-than-expected 24% increase in earnings in the third quarter, helped by revenue growth in all markets.

Chili's Owner Brinker Posts Higher Earnings

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Brinker International Inc. said its first-quarter profit increased 12%, helped by higher sales at its Chili’s Grill & Bar and Maggiano’s Little Italy chains.

McDonald's Profit Falls 30%

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McDonald’s promised significant changes after reporting a worse-than-expected 30% drop in third-quarter earnings and calling its challenges “more formidable than expected.”

Coke Boosts Cost-Cutting Plan

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Coke unveiled a broader cost-cutting program and warned it doesn’t expect to meet its previous financial targets as the beverage giant again posted lackluster soda volume and struggled with currency headwinds.

Lockheed Forecasts Sales and Margins Drop in 2015

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Lockheed Martin reported a forecast-beating 1.7% rise in third quarter profit and raised its 2014 outlook, but forecast sales and margins will drop sequentially in 2015, even if lawmakers approve the Pentagon’s existing budget plan.

Actelion Boosted by New Drug

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Strong sales of a new drug helped push Actelion’s earnings higher in the third quarter, prompting Europe’s biggest biotech to upgrade its full-year guidance.

Akzo Nobel Lifted by Cost Cutting

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Akzo Nobel said third-quarter profit rose 32% driven by cost savings and lower restructuring and financing costs, adding that it was on track to meet its 2015 targets despite a fragile economy.

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