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Tesco-082914-lg.jpgShares of Tesco Plc. declined around 9 percent in early morning trading on the London stock exchange after the British supermarket chain warned Friday of lower trading profit for its first half and full-year 2015, citing ongoing challenging trading conditions as well as its continuing investment in customer offer. The company also reduced its interim dividend by 75 percent.
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Novartis' New Heart Drug Reduces Cardiovascular Deaths - Update



Swiss drug maker Novartis AG (NVS) said Saturday its investigational heart failure drug LCZ696 was found to be superior to enalapril on key endpoints in a heart failure study. In the Paradigm-HF trial, LCZ696 cut cardiovascular deaths by 20 percent compared with enalapril. Enalapril is an angiotensin...
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Big Lots Q2 Net Profit Rises, Lifts FY14 Earnings View


Broadline closeout retailer Big Lots, Inc. reported Friday higher net profit in its second quarter with increased net sales and comparable store sales, despite weak margins. Further, the company lifted the lower end of its earnings forecast for fiscal 2014, and backed comps growth view.
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England/Wales House Price Inflation Accelerates


House prices in the England and Wales continued to rise at a faster rate in July, latest data from the Land Registry revealed Friday. House prices rose 7.2 percent annually following 6.9 percent increase in June. The latest rise was the biggest since June 2010, when prices climbed 7.7 percent. Month-on-month,...
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Burger King To Receive C$345 Mln If Tim Hortons Drops The Merger Deal


Canadian coffee and dough-nut chain Tim Hortons, Inc.(THI, THI.TO) will have to pay C$345 million as termination fee to Burger King Worldwide, Inc. (BKW), if the former backs out from the $11 billion merger deal, stated a Burger King regulatory filing. Meanwhile, as per the filing, Burger King has...

Fairfax Financial To Acquire Pethealth For $2.79/Share

Sunrise Coal Closes Acquisition Of Vectren Fuels

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Veeva Systems Inc. (VEEV) Soared To A 5-Month High After Q2 Report


Veeva Systems Inc. (VEEV) reported second quarter non-GAAP EPS of $0.09 after the bell Thursday, compared to $0.06 in the previous year. Analysts expected EPS of $0.07. The company expects to report third quarter non-GAAP EPS of $0.08 and between $0.30 and $0.31 for the full year. The consensus estimates...
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Alibaba To Launch IPO Roadshow On Week Of September 8: Reports


Chinese e-commerce giant Alibaba Group Holding Ltd. is planning to formally pitch its new York initial public offering to investors in the week of September 8, media reports said.
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China Cord Blood Q1 15 Earnings Conference Call At 8:00 AM ET


China Cord Blood Corporation (CO) will host a conference call at 8:00 AM ET on August 29, 2014, to discuss its Q1 15 earnings result. To access the live webcast, log on at http://ir.chinacordbloodcorp.com To participate in the call, dial 1-855-298-3404 (US) with access code: 1856118.
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