Lockheed Eyes End to F-35 Probe

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A senior Lockheed Martin executive said investigators are close to nailing down the cause of an engine fire that grounded the fleet of F-35 jet fighters and delayed testing on the aircraft.

When CEOs and CFOs Share an Alma Mater

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More than two dozen of the largest U.S. companies have CEOs and CFOs who hail from the same alma mater, according to a Wall Street Journal review.

Jana Partners Wants Changes at Apache

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Activist investor Jana Partners is calling for oil and gas company Apache Corp to exit some of its most expensive projects.

Rockwell Collins Profit Falls

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Rockwell Collins said its fiscal third-quarter earnings fell 3.6% as costs rose, while the aerospace-technologies company saw a recent acquisition again drive an increase in revenue.

Cigarette Shipment Volumes Weigh on Altria

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Continued slowdown in cigarette shipment volume weighed on Altria Group's bottom-line, though the cigarette maker's adjusted earnings improved.

Ingersoll-Rand Profit Falls 3.5%

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Ingersoll-Rand said its second-quarter earnings fell 3.5% as restructuring-related and other costs offset an increase in revenue in both its industrial and climate segments.

Domino's Posts Higher Results

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Strengthening domestic and international sales buoyed Domino's second-quarter profit, helping the bottom line climb 16% at the pizza chain.

Lexmark Profit Slides

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Lexmark 's second-quarter earnings fell 88% as the printer company's year-earlier period included a benefit from the sale of its inkjet business, masking a slight increase in revenue.

Aldi's Co-Founder Karl Albrecht, a Pioneer in Food Retailing, Dies at 94

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Karl Albrecht, a founder of discount supermarket chain Aldi and one of Germany's wealthiest men, has died at age 94.

EMC's Business Approach Faces Test

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EMC has long set itself apart with what it calls a 'federation' structure, comprised of units that can act cooperatively or independently. That approach now faces its stiffest test yet.

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