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Wednesday, February 11, 2015

Business Today: Futures little changed ahead of Greek debt talks

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Futures little changed ahead of Greek debt talks
NEW YORK (Reuters) - U.S. stock index futures were little changed on Wednesday, after the S&P 500 climbed to its highest level of the year and ahead of a meeting of euro zone finance ministers to discuss plans for Greece's debt.
Time Warner profit beats estimates as Turner, HBO businesses grow
(Reuters) - Time Warner Inc reported a better-than-expected quarterly profit, helped by higher subscription fees for channels offered by its Turner Broadcasting and Home Box Office (HBO) businesses.
PepsiCo beats profit estimates, sets $12 billion buyback plan
(Reuters) - PepsiCo Inc reported a better-than-expected quarterly profit, helped by higher sales at its Frito-Lay snack business, and said it would buy back shares worth up to $12 billion by 2018.
Greek finance minister enters euro zone lions' den
ATHENS/BRUSSELS (Reuters) - Greek Finance Minister Yanis Varoufakis headed for a showdown with euro zone finance ministers on Wednesday after his new leftist-led government won a parliamentary confidence vote for its refusal to extend an international bailout.
Thomson Reuters Corp sees revenue growth in 2015
NEW YORK (Reuters) - Thomson Reuters Corp said on Wednesday it expects its revenue to grow in 2015 and reported that it added more sales for its products to financial customers in 2014.
AOL's profit beats estimates as ad revenue jumps
(Reuters) - AOL Inc, owner of the Huffington Post news website and the TechCrunch blog, reported a better-than-expected adjusted profit as revenue surged in its online advertising business.
Oil slips toward $56 on expectations oversupply to linger
LONDON (Reuters) - Oil slipped toward $56 a barrel on Wednesday, under pressure from expectations of persisting oversupply in world markets and an industry report saying U.S. crude stocks rose further from a record high.
Wal-Mart says to invest C$340 million in Canada
(Reuters) - Wal-Mart Stores Inc said it would invest about C$340 million ($269.16 million) this fiscal year to expand in Canada, lower than what it had budgeted for last year.
Obama slams Staples, big companies on healthcare: 'Shame on them' - BuzzFeed
WASHINGTON (Reuters) - U.S. President Barack Obama singled out office supply giant Staples Inc as undercutting his healthcare reform law and said large corporations should not use the health insurance issue as an excuse for cutting wages, the news website BuzzFeed reported.
Takata to double replacement air bag inflator output by September
DETROIT (Reuters) - Takata Corp said it plans over the next six months to double production of replacement air bag inflators needed for recalled cars in which the part could spray occupants with metal shards.
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