WellPoint Profit Slips, But Boosts Outlook

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WellPoint said its second-quarter profit slipped as the health insurer recorded higher expenses, masking an increases in both revenue and enrollment.

Benefit Costs Pare Humana's Profit

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Humana's second-quarter profit falls 18%, as expected, as increased benefit costs help to offset a jump in revenue.

Eni Hit By Nigeria Pipeline Sabotage

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Eni on Wednesday said it had shut off some crude production following sabotage on a Nigerian pipeline.

Fiat Profit Falls Sharply

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Fiat said profit fell 55% in the second quarter as weak results in Europe and Latin American wiped out improvements in North America and Asia.

ITV Ignores Takeover Talk, Posts Profit Jump

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ITV, the U.K.'s No. 1 over-the-air commercial broadcaster, said it is ignoring talk that it is a takeover candidate as it posted a 46% jump in profit on higher revenue.

EU May Lower Minimum Import Price for Chinese Solar Panels

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European solar-panel producers say the move is unjustified and will "further decimate" manufacturers in the region still reeling from competition from low-cost Chinese equipment.

EU, U.S. Expand Sanctions on Russia

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The European Union and the U.S. adopted broad economic sanctions against Russia to punish Moscow's unbending stance in the Ukraine conflict.

Twitter Silences Naysayers as Users Surge

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Twitter quieted its doubters, at least for now, over its ability to jump-start shrinking user growth in the shadow of larger rival Facebook. The social-media company posted strong results across the board.

Tullow Oil Sinks Into Loss

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Africa-focused oil explorer Tullow Oil said it swung to a net loss in the first half of the year, largely due to a sharp rise in write-offs of exploration costs.

Spanish GDP Grows as Deflation Risk Rises

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Spain's economy is growing even faster than previously estimated, according to second-quarter gross domestic product data, but the country has also taken a perilous step toward deflation as its consumer-price index fell 0.3% on the year in July.

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