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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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Clearwire investor Crest wants more info on Dish offer

Tue Jan 8, 2013 6:54pm EST

(Reuters) - Crest Financial, the second-largest shareholder in Clearwire Corp, on Tuesday said it was looking forward to learning more details of an unsolicited bid for the company by Dish Network Corp.

In a statement, Crest also said the Dish bid proved Sprint Nextel Corp's existing offer for Clearwire was inadequate.

(Reporting By Nadia Damouni; Writing by Ben Berkowitz; Editing by Gary Hill)
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