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  • LONDON, July 25- Uganda's new-found oil reserves may account for as much as 4 percent of its economy annually in coming years if managed well, the International Monetary Fund's country chief says. IMF Mission Chief for Uganda Axel Schimmelpfennig writes in a blog post that the country also needs some strategic infrastructure investment and better debt...

  • DALLAS _ Kimberly-Clark Corp. on Tuesday reported second-quarter profit of $531 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.50 per share. Four analysts surveyed by Zacks expected $4.56 billion.

  • HOUSTON _ McDermott International Inc. on Tuesday reported second-quarter profit of $36.4 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 16 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • ST PAUL, Minn. _ 3 M Co. on Tuesday reported second-quarter earnings of $1.58 billion. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $2.59 per share. Four analysts surveyed by Zacks expected $7.88 billion.

  • CLEVELAND _ Lincoln Electric Holdings Inc. on Tuesday reported second-quarter profit of $61.4 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 94 cents per share. Lincoln Electric shares have climbed 22 percent since the beginning of the year.

  • July 25- Caterpillar Inc reported a 46 percent jump in quarterly profit on Tuesday, helped by strength in its construction and resources businesses, and raised its profit outlook for the year. Profit attributable to common stockholders rose to $802 million, or $1.35 cents per share, in the second quarter ended June 30, from $550 million, or 93 cents per share, a year...

  • DETROIT— General Motors' second-quarter net profit fell more than 40 percent largely due to a loss from the sale of its European unit. The net earnings include a $770 million loss from the sale of GM's European business to French carmaker PSA Group. It also includes $655 million in one-time items from restructuring in India and the sale of GM's South Africa...

  • July 25- U.S. budget carrier JetBlue Airways Corp reported a 16.6 percent rise in quarterly profit, helped partly by improving average fares. The company's net income rose to $211 million, or 64 cents per share, in the quarter, from $181 million, or 53 cents per share, a year earlier. Total operating revenue rose 12.1 percent to $1.84 billion.

  • Virgin Money is the first British bank to report mid-year results with Lloyds, the country's biggest mortgage lender, announcing its numbers on Thursday. At 1105 GMT, Virgin Money shares were down 5 percent at 291 pence, having fallen as much as 10 percent earlier in the day. Virgin Money, one of several small banks trying to make inroads in an industry dominated by...

  • *Periphery rallies as Greece returns to bond market. LONDON, July 25- The dollar sat at a more-than-one-year low while stocks climbed on Tuesday, as investors bet that subdued U.S. inflation and strains in Washington would limit Federal Reserve interest rate moves for the rest of the year. But sentiment got a boost from "euphoric" German economic data and news that...

  • WASHINGTON— The Latest on the effort by congressional Republicans to pass a health care bill:. President Donald Trump says "we will soon see whether or not Republicans are willing to step up to the plate!" John McCain is returning to Washington to vote for the first time since being diagnosed with brain cancer.

  • The Milanese group said it would fold the haute couture line Giorgio Armani Privé and its homeware brand Armani/Casa into Giorgio Armani, its signature label. The company announced in February that Emporio Armani was to absorb the Armani Collezioni and Armani Jeans brands. Founded by 83- year-old designer Giorgio Armani, it is Italy's second-biggest...

  • The Milanese group said it would fold the haute couture line Giorgio Armani Privé and its homeware brand Armani/Casa into Giorgio Armani, its signature label. The company announced in February that Emporio Armani was to absorb the Armani Collezioni and Armani Jeans brands. Founded by 83- year-old designer Giorgio Armani, it is Italy's second-biggest...

  • *CKI submits binding offer of more than 4.5 bln euros- sources. FRANKFURT/ LONDON, July 25- Hong Kong's CK Infrastructure is seen as the frontrunner to buy German metering and energy management group Ista for more than 4.5 billion euros, sources close to the matter told Reuters. Buyout group CVC, which bought Ista in 2013 at a valuation of 3.1 billion euros, had hoped to...

  • ANN ARBOR, Mich.— Domino's Pizza Inc. on Tuesday reported second-quarter profit of $65.7 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.22 per share. Four analysts surveyed by Zacks expected $613.4 million.

  • DETROIT, July 25- General Motors Co on Tuesday reported a lower quarterly net profit from continuing operations due to lower vehicle sales and restructuring charges, but results beat Wall Street expectations. The No. 1 U.S. automaker reported second-quarter net income of $2.4 billion or $1.60 per share, down from $2.8 billion or $1.74 per share a year earlier.

  • Interpublic said revenue from the United States, which contributes the bulk of its total revenue, fell slightly to $1.16 billion in the second quarter ended June 30. International sales declined 3.3 percent to $724.4 million in the quarter, missing analysts' average estimate of $752.5 million, according to data and analytics firm FactSet.

  • EPS forecast to $4.70- $5.06. The results come a week after President Donald Trump and Republicans revised attempts to dismantle former President Barack Obama's Affordable Care Act, commonly known as Obamacare, collapsed in the U.S. Senate. On Monday, President Trump made a last-ditch plea to U.S. Senate Republicans to "do the right thing" and fulfill campaign...

  • PITTSBURGH _ Allegheny Technologies Inc. on Tuesday reported second-quarter net income of $10.1 million, after reporting a loss in the same period a year earlier. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 7 cents per share. Allegheny Technologies shares have climbed roughly 8 percent since the...

  • MANCHESTER, United Kingdom _ Pentair PLC on Tuesday reported second-quarter earnings of $263.7 million. On a per-share basis, the Manchester, United Kingdom- based company said it had profit of $1.43. The average estimate of 11 analysts surveyed by Zacks Investment Research was also for earnings of $1 per share.