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Bank of America CEO talks down second-quarter expectations |
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(Reuters) - Bank of America Corp second-quarter earnings will be hurt by a drop in trading revenue, lower-than-expected interest rates and the sale or shuttering of certain assets, according to comments from Chief Executive Brian Moynihan on Wednesday. |
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Volkswagen woos BMW, Mercedes buyers in new upmarket push |
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HANOVER, Germany (Reuters) - Volkswagen's troubled mass-market brand is pushing upmarket again with a new flagship model a year after ceasing the flopped Phaeton luxury saloon in a bid to lift margins and revive its post-dieselgate image. |
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U.S. companies sign billions in deals with Vietnam |
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SEATTLE/WASHINGTON (Reuters) - U.S. industrial companies General Electric Co and Caterpillar Inc made deals with Vietnam worth billions of dollars as Vietnamese Prime Minister Nguyen Xuan Phuc continued his three-day trip to the United States. |
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HPE posts steep revenue decline in key servers business |
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(Reuters) - Hewlett Packard Enterprise Co on Wednesday reported a steep fall in revenue in its biggest business that sells servers, networking and data storage equipment, hurt by tepid demand, intense competition and a strong dollar. |
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