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  • MUMBAI, July 23- India on Wednesday allowed foreign fund managers to hold more government bonds, but also stipulated that in future they will not be able to hold debt of less than three years.

  • July 23- A rise in margins has raised hopes that Apple Inc may be able to hold the line on pricing ahead of the launch of new iPhones later this year. Apple's shares rose 3.3 percent to a 22- month high of $97.88 on the Nasdaq on Wednesday.

  • TORONTO, July 23- Canada's largest telecom company, BCE Inc, said on Wednesday it will pay C $3.95 billion to take regional telecom Bell Aliant private, buying the 56 percent stake it does not already own to cut expenses and bolster its offerings in Atlantic Canada.

  • Apple margin concerns fade, focus shifts to iPhone launch Wednesday, 23 Jul 2014 | 9:23 AM ET

    July 23- A rise in margins has raised hopes that Apple Inc may be able to hold the line on pricing ahead of the launch of new iPhones later this year.

  • Boeing's ability to churn out the Dreamliner, which was hit by problems with its lithium-ion batteries last year, is crucial to the company's financial performance this year as it is relying on commercial jets to offset a weak defense business.

  • July 23- Eagle Pharmaceuticals Inc said the U.S. Food and Drug Administration approved its drug to treat an inherited life-threatening condition called malignant hyperthermia. Eagle Pharmaceuticals is also testing Ryanodex for use in exertional heatstroke.

  • July 23- General Dynamics Corp, maker of Gulfstream jets, tanks and U.S. Navy ships, reported a better-than-expected quarterly profit, as lower operating costs boosted margins. General Dynamics' shares rose 2.9 percent before the bell. General Dynamics said its total potential contract value, the sum of all backlog components, rose 29 percent to $99.5 billion.

  • July 23- Dow Chemical Co reported a better-than-expected quarterly profit as sales rose across its businesses and margins improved due to higher prices and a tight control on costs.

  • Boeing's ability to churn out the Dreamliner, which was hit by problems with its lithium-ion batteries last year, is crucial to the company's financial performance this year as it is relying on commercial jets to offset a weak defense business.

  • July 23- PepsiCo Inc reported a higher-than-expected quarterly profit and raised its full-year adjusted earnings forecast, helped by strong sales of snacks such as Lays and Doritos chips in North America. PepsiCo raised its full-year earnings per share growth forecast to 8 percent from 7 percent.

  • July 23- Data storage products maker EMC Corp, under pressure from activist investor Elliott Management to boost shareholder returns, on Wednesday accelerated its share buyback plan and raised its current-year profit forecast.

  • UPDATE 1-Canada's BCE to take unit Bell Aliant private Wednesday, 23 Jul 2014 | 7:47 AM ET

    July 23- BCE Inc, Canada's largest telecommunications company, said it would take Bell Aliant Inc private by buying the stake it does not already own in the company for about C $3.95 billion.

  • Boeing profit gets boost from increased deliveries Wednesday, 23 Jul 2014 | 7:39 AM ET

    July 23- Boeing Co reported a 52 percent increase in quarterly profit, helped by a rise in commercial aircraft deliveries. The company's net income rose to $1.65 billion, or $2.24 per share, in the second quarter ended June 30, from $1.09 billion, or $1.41 per share, a year earlier.

  • Canada's BCE to take Bell Aliant private Wednesday, 23 Jul 2014 | 7:21 AM ET

    July 23- BCE Inc, Canada's largest telecommunications company, said it would take Bell Aliant Inc private by buying the stake it does not already own in the company. BCE already controls 44 percent of Bell Aliant, which offers telecom services in eastern Canada, and has valued the remaining stake at about C $3.95 billion.

  • General Dynamics profit falls 15.5 pct on charge Wednesday, 23 Jul 2014 | 7:16 AM ET

    July 23- General Dynamics Corp, maker of Gulfstream jets, tanks and U.S. Navy ships, reported a 15.5 percent fall in quarterly income as it took a charge of $105 million related to the sale of a business. The company's net income fell to $541 million, or $1.58 per share, in the second quarter ended June 29, from $640 million, or $1.81 per share, a year earlier.

  • July 23- U.S. weapons maker Northrop Grumman Corp reported a 5 percent rise in quarterly profit and raised its 2014 earnings forecast. The company's net income rose to $511 million, or $2.37 per share, in the second quarter ended June 30, from $488 million, or $2.05 per share, a year earlier.

  • Data storage equipment maker EMC's revenue rises 5 pct Wednesday, 23 Jul 2014 | 7:09 AM ET

    July 23- EMC Corp, the world's largest data storage equipment maker, reported a 5 percent rise in quarterly revenue, helped by sales of flash storage products and growth at its VMware Inc virtualization software unit. Net income fell to $589 million, or 28 cents per share, in the second quarter ended June 30 from $701 million, or 32 cents per share, a year earlier.

  • Dow Chemical net profit falls 62 percent Wednesday, 23 Jul 2014 | 7:06 AM ET

    July 23- Dow Chemical Co said its second-quarter net profit fell 62 percent from a year earlier, when it received $2.2 billion in damages from Kuwait's state chemical company for pulling out of a petrochemical venture in 2008..

  • PepsiCo quarterly profit falls 2 pct Wednesday, 23 Jul 2014 | 7:05 AM ET

    July 23- PepsiCo Inc reported a 2 percent fall in second-quarter profit as carbonated soft drink volumes declined 2 percent in North America. The company's net income fell to $1.98 billion, or $1.29 per share, in the 12 weeks ended June 14 from $2.01 billion, or $1.28 per share, a year earlier. Excluding items, PepsiCo earned $1.32 per share.

  • Industrial gas producer Air Products' profit rises 9 pct Wednesday, 23 Jul 2014 | 6:14 AM ET

    July 23- Industrial gas producer Air Products and Chemicals Inc reported a 9 percent rise in quarterly profit, driven by higher sales by its merchant gases, and electronics and performance materials divisions. The company's net profit rose to $314 million, or $1.46 per share, in the third quarter ended June 30 from $288.4 million, or $1.36 per share, a year earlier.