Elliott Takes 6.7% Stake In Interpublic

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Activist investor Elliott Management Corp., which confirmed Thursday it had acquired a 6.7% stake in advertising holding company Interpublic Group of Cos., thinks Interpublic should explore sale options.

American, United Plan Buybacks

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The parents of American Airlines and United Airlines unveiled stock-buyback plans, continuing the transformation of the country's largest carriers from bankruptcy into some of the most profitable in the world.

Is There Still Enough Room for an iPad?

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As smartphone screens grow larger and laptop computers grow thinner and lighter, sales of the iPad are declining and growth is slowing for rival Android tablets.

Obama to Urge Action on 'Inversions'

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President Barack Obama is calling on Congress to end a tax-code rule that allows some U.S. firms to reincorporate overseas and lower their tax bills, an emerging issue that could figure prominently in the fall election campaign.

Unilever Paints Bleak Picture

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Unilever flagged a further slowdown in emerging markets, even as first-half profit grew on the back of a number of disposals.

Potash Corp. Profit Drops 27%

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Potash Corp. of Saskatchewan posted a nearly 27% drop in second-quarter profit, but results beat expectations as market conditions picked up.

Hershey Profit Rises 5.4%

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Hershey Co.'s quarterly profit rose 5.4%, as it sold more chocolate, though the costs to make the candy also rose.

An 80 year old man shot and killed a pregnant burglar as she ran from his home. Should he be charged?

Supervalu Profit Falls 49%

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Supervalu reported a 49% drop in quarterly earnings but posted sharp sales gains at a discount chain that it considers vital to its turnaround effort.

3M Profit Up on Face Masks, Filters

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3M reported a 5.8% increase in profit for the second quarter, fueled partly by stronger sales of respiratory face masks and water-filtration products in China and other developing countries where pollution fears are growing.

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