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HP profit down 32 percent, shares up as results beat estimates

SAN FRANCISCO - Hewlett-Packard Co raised its 2013 earnings outlook after beating low expectations, as CEO Meg Whitman's turnaround plan helped to shore up profits and offset shrinking personal computer sales with enterprise computing services.

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Families edging out private equity in consumer deals

LONDON - From ketchup to hot drinks, family-run investment firms are shaking up the consumer deals market, squeezing out private equity players and forcing them to change strategy.

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China denounces EU airline carbon law, seeks talks

BEIJING/HONG KONG - China reiterated its opposition on Thursday to a European Union plan to limit airline carbon dioxide emissions and called for talks to resolve the issue a day after its major airlines refused to pay any carbon costs under the new law.

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Samsung Elec says may fully takeover OLED unit

SEOUL | Tue Feb 7, 2012 3:28am EST

SEOUL (Reuters) - Samsung Electronics Co Ltd (005930.KS) said on Tuesday that it is considering fully taking over unlisted flat-screen display maker Samsung Mobile Display, a joint venture with Samsung SDI Co Ltd (006400.KS).

"We are considering merging the business to improve synergy, but a final decision has yet to be made," Samsung Electronics said in a filing to the Korea stock exchange.

Samsung Mobile Display is a near monopolistic supplier of organic light-emitting diode (OLED) displays used in high-end smartphones and touted as the next-generation display to replace LCD flat screens in televisions.

(Reporting by Miyoung Kim; Editing by Chris Lewis)
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