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LONDON, Feb 6- GlaxoSmithKline, Britain's biggest drugmaker, renewed its promise to return to growth this year, after failing to deliver a hoped-for sales and margin recovery in 2012..
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*Strong PMI numbers from US, Europe boost economy outlook. *Iran nuclear talks in focus, set for Feb. 26. LONDON, Feb 6- Brent crude oil futures fell on Wednesday, pressured by ample supply, although prices were still near four-month highs as data from the United States and Europe boosted confidence in the global economy.
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Feb 6- Coventry Health Care Inc, which is being bought by larger competitor Aetna Inc, reported a higher fourth-quarter profit Wednesday that beat analysts' expectations, helped by improvements in its Kentucky Medicaid business. The company earned a net income of $119 million, or 88 cents per share, up from $86 million, or 60 cents a share a year earlier.
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*Says structural change was biggest in HSBC's history. LONDON, Feb 6- HSBC's was forced into its biggest restructuring in almost 150 years because the bank's complex structure and wide geographical spread had made it attractive to criminals, its chief executive said.
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Feb 6- CVS Caremark Corp posted a bigger-than-anticipated rise in fourth-quarter profit on Wednesday, helped by growth at both its pharmacy services business and its CVS drugstore chain. CVS Caremark was formed when drugstore chain CVS bought the Caremark pharmacy benefits management business in 2007 in a $27 billion stock deal.
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Feb 6- Cummins Inc posted a 30.5 percent drop in profit that was less steep than Wall Street had feared and warned that sales could fall as much as 5 percent this year as it copes with falling demand for its heavy truck engines.
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SAO PAULO/ ZURICH, Feb 6- UBS AG says it owes Brazil at least $1.2 billion in back taxes dating back to when the Swiss lender owned an investment bank in the country.
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Feb 6- IntercontinentalExchange Inc, which is in the process of buying NYSE Euronext for $8.2 billion, reported a 2 percent rise in quarterly profit on Wednesday, helped by an increase in market data revenues and slightly lower expenses.
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DUBAI, Feb 6- Coutts, the private banking arm of Royal Bank of Scotland, is telling clients to switch part of their allocations to equities from bonds ahead of a bear market in fixed-income markets.
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*Investors cautious ahead of ECB, Spain debt auction. Intesa Sanpaolo dropped 2.7 percent, UniCredit was down 2.4 percent, Commerzbank down 1.4 percent and Credit Agricole down 1.7 percent.
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Feb 6- Time Warner Inc posted higher fourth-quarter profit that beat Wall Street estimates on Wednesday, as growth in its cable networks offset declines in the film, TV entertainment and publishing units, sending shares up 5 percent.
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The company said on Wednesday that fourth-quarter profit came to $381 million, or $2.02 per share, compared with $548 million, or $2.86 per share, a year earlier.
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NEW YORK, Feb 6- U.S. stock index futures rose on Wednesday, adding to the benchmark S&P 500' s rally of more than 1 percent a day earlier, buoyed by solid corporate earnings and an optimistic outlook from Disney.
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LONDON, Feb 6- The euro dipped on Wednesday as investors waited to see if the European Central Bank would respond to the currency's recent jump which threatens to delay any regional economic recovery.
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LONDON, Feb 6- GlaxoSmithKline, Britain's biggest drugmaker, renewed its promise to return to growth this year, after failing to deliver a hoped-for sales and margin recovery in 2012..
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Feb 6- Time Warner Inc posted higher fourth-quarter profit on Wednesday, as growth in its cable networks offset declines in the film, TV entertainment and publishing units.
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Feb 6- Coventry Health Care Inc, which is being bought by larger competitor Aetna Inc, on Wednesday said that fourth-quarter profits rose, helped by improvements in its Kentucky Medicaid business.
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Feb 6- CVS Caremark Corp posted higher quarterly profit on Wednesday, helped by growth at both its pharmacy services business and its CVS drugstore chain. CVS earned $1.13 billion, or 90 cents per share, up from $1.06 billion, or 81 cents per share, a year earlier. Revenue rose 10.9 percent to $31.39 billion.
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*Herbalife could squeeze Pershing with a buyback. NEW YORK, Feb 6- For now, William Ackman is getting the better of Carl Icahn in a well-publicized grudge match between the billionaire investors over Herbalife Ltd.
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NEW YORK, Feb 6- Applications for U.S. home mortgages rose last week even as interest rates climbed, while refinancing demand accounted for a slightly smaller proportion of total activity, an industry group said on Wednesday.