| SAP Raises Full-Year Revenue and Margin Forecasts (Update1) |
| By Andreas Hippin July 29 (Bloomberg) -- SAP AG, the world's biggest maker of business-management software, raised its revenue and margin forecasts for this year after second-quarter license sales beat analysts' estimates. |
| Wrigley 2nd-quarter results top estimates |
| By Erin Zureick CHICAGO (Reuters) - US chewing gum maker Wm Wrigley Jr Co, which is being acquired by Mars Inc, posted better-than-expected profit, boosted by price increases, improved margins and a weak US dollar that helped increase sales. |
| Food Makers Report Profits as Eating in Gains Favor |
| By AP Kraft Foods, the nation’s largest food and beverage maker, reported growth in the second quarter Monday, as consumers abandoned restaurants for less costly meals at home. |
| Oil Rises a Second Day on Concern Nigeria Violence Will Worsen |
| By Grant Smith July 29 (Bloomberg) -- Crude oil rose for a second day on concern that attack on a Royal Dutch Shell Plc pipeline in Nigeria signaled a renewed campaign by militants. |
| Starbucks Shuts Stores, Backing Away From Australia (Update1) |
| By Iain Wilson and Daniel Petrie July 29 (Bloomberg) -- Starbucks Corp., the world's largest coffee-shop chain, will close three-fourths of its stores in Australia within the next five days, backing away from a market it entered eight years ago. |
| US, China, India Dispute Leaves Global Trade Talks at Impasse |
| By Jennifer M. Freedman July 29 (Bloomberg) -- World Trade Organization talks entered their ninth day as a standoff between India and China on one side and the US on the other threatened to derail efforts to reach a global accord liberalizing commerce. |
| 2nd UPDATE: SAP 2Q Beats Views; Fiscal Year Guidance At Top-End |
| By Archibald Preuschat FRANKFURT -(Dow Jones)- SAP AG's (SAP) shares rose Tuesday after second quarter results beat expectations, and the business software company forecast full-year sales and operating margin to be at the top-end of its guidance. |
| Sony Q1 profit down on mobile phones, Matsushita up |
| By Kiyoshi Takenaka TOKYO (Reuters) - Sony Corp (6758.T) posted a bigger-than-expected 47 percent fall in quarterly profit and cut its outlook, hurt by its struggling mobile phone joint venture with Sweden's Ericsson (ERIC). |
| Alcatel-Lucent's Russo, Tchuruk to Quit; Loss Widens (Update2) |
| By Rudy Ruitenberg July 29 (Bloomberg) -- Alcatel-Lucent SA, the world's largest supplier of fixed-line phone networks, said Chief Executive Officer Patricia Russo and Chairman Serge Tchuruk quit after the sixth straight quarterly loss. |
| Merrill to Sell $8.5 Billion of Stock, Unload CDOs (Update3) |
| By Bradley Keoun and Christine Harper July 29 (Bloomberg) -- Merrill Lynch & Co., the third- biggest US securities firm, will sell $8.5 billion of stock and liquidate $30.6 billion of bonds at a fifth of their face value to shore up credit ratings.
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