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Walgreen posts highest quarterly sales growth in 3 years

(Reuters) – U.S. drugstore chain operator Walgreen Co reported its biggest jump in quarterly sales in three years, helped by higher prescription sales, sending its shares up more than 3 percent in premarket trading. The company posted a better-than-expected 6.2 … Continue reading

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Walgreen posts highest quarterly sales growth in 3 years

(Reuters) – U.S. drugstore chain operator Walgreen Co reported its biggest jump in quarterly sales in three years, helped by higher prescription sales, sending its shares up more than 3 percent in premarket trading. The company posted a better-than-expected 6.2 … Continue reading

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Stock futures imply higher open, indexes set for third quarter gain

NEW YORK (Reuters) – U.S. stock index futures pointed to modest gains at the open on Tuesday, indicating a rebound from the previous session’s decline as investors once again used a pullback as a buying opportunity. Market volatility has surged … Continue reading

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Stock futures imply higher open, indexes set for third quarter gain

NEW YORK (Reuters) – U.S. stock index futures pointed to modest gains at the open on Tuesday, indicating a rebound from the previous session’s decline as investors once again used a pullback as a buying opportunity. Market volatility has surged … Continue reading

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EBay follows Icahn’s advice, plans PayPal spinoff in 2015

(Reuters) – EBay Inc (EBAY.O) said it would spin off PayPal, its fast-growing payments business, into a publicly traded company in the second half of 2015, marking an about-face for the company. The news of the tax-free spinoff to shareholders … Continue reading

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EBay follows Icahn’s advice, plans PayPal spinoff in 2015

(Reuters) – EBay Inc (EBAY.O) said it would spin off PayPal, its fast-growing payments business, into a publicly traded company in the second half of 2015, marking an about-face for the company. The news of the tax-free spinoff to shareholders … Continue reading

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Auto recovery wobbles in Paris show spotlight

PARIS (Reuters) – Europe’s anemic car market rebound could be over before it has really begun. That is the fear of executives as they gather for the Paris auto show opening on Thursday, the biggest industry event in the regional … Continue reading

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Auto recovery wobbles in Paris show spotlight

PARIS (Reuters) – Europe’s anemic car market rebound could be over before it has really begun. That is the fear of executives as they gather for the Paris auto show opening on Thursday, the biggest industry event in the regional … Continue reading

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Wall St. ends down on Hong Kong tensions, Ford outlook

NEW YORK (Reuters) – U.S. stocks ended lower on Monday following protests in Hong Kong that added to worries about Chinese growth and after a disappointing forecast from Ford Motor Co(F.N). The SP consumer discretionary sector.SPLRCD, down 0.6 percent, had … Continue reading

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With Pimco’s Gross out, Allianz tries to reassure investors

FRANKFURT/NEW YORK (Reuters) – Top executives of Pimco and its German parent, Allianz SE, scrambled on Monday to stem the outflow of money after the stunning exit of star bond manager Bill Gross last week, but even after months of … Continue reading

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