Struggling Life Insurers Look to Middle-Class

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MetLife and other life insurers are trying to reverse a long slide in sales of life insurance to the middle class, but it's proving a tough sell.

Stanley Black & Decker Profit Climbs

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Stanley Black & Decker said its second-quarter profit rose 16%, as the company managed to slightly increase sales while trimming costs.

Tyco's Profit Surges

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Swiss security systems company Tyco said its third-quarter profit surged as revenue grew and the company said it benefited from acquisitions.

Low Price Plan Hits Docomo's Earnings

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NTT Docomo said it swallowed a 15% cut in quarterly operating profit after Japan's largest mobile carrier adopted a low price plan in its fight to retain market share.

Jaguar Land Rover to Cut Prices in China

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Jaguar Land Rover said it would cut prices on Range Rover and Jaguar F-Type Cabriolet models by an average of $32,000, in response to scrutiny by Chinese state media and the government.

Pearson Swings to Profit

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U.K. publisher Pearson swung to a first-half profit, even as sales fell, and confirmed its guidance for the full year.

BSkyB to Buy German, Italian Sister Firms

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British Sky Broadcasting Group said it agreed to buy all of Sky Italia and most of Sky Deutschland from Rupert Murdoch's 21st Century Fox, for about $9.09 billion.

Vodafone Upbeat as Revenue Rises

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Vodafone Group said some of its key European markets are showing signs of stabilization, even as it posts lower-than-expected growth in quarterly revenue.

Anglo American Triples Profit

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Anglo American more than tripled net profit in the first half of the year after slashing costs but suffered setbacks at its iron-ore and platinum divisions.

Tencent's Private Bank Approved

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China's banking regulator approved the establishment of three private banks, with one green light going to Chinese Internet company Tencent Holdings.

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