| | | Wall St. set to open lower on tepid earnings | | | (Reuters) - U.S. stock indexes looked set to open slightly lower on Friday, as investors took cues from earnings reports of industrial heavyweights General Electric and Honeywell. |
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| | | FTC probing allegations of Amazon's deceptive discounting | | | WASHINGTON (Reuters) - As part of its review of Amazon's agreement to buy Whole Foods, the Federal Trade Commission is looking into allegations that Amazon misleads customers about its pricing discounts, according to a source close to the probe. |
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| | | GE profit falls 59 percent; cash flow up in quarter | | | (Reuters) - General Electric Co's profit fell nearly 60 percent in the second quarter, largely due to the sale of its appliances business, but cash flow rose, sales topped expectations and its shares were slightly lower. |
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| | | GlaxoSmithKline's new CEO prepares to trim drug pipeline | | | LONDON (Reuters) - GlaxoSmithKline's new chief executive, who has already made her mark with plans to divest some nutritional products, will turn next week to the main business of focusing the company's pipeline of new drugs. |
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