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    - AbbVie Inc (ABBV) reported quarterly revenue that missed analysts' estimates for the first time in six quarters, sparking concerns over slowing sales growth for its flagship arthritis drug, Humira. The company's shares fell as much as 4.5 percent on Friday. AbbVie (ABBV) reported total Humira sales of $3.54 billion for the quarter ended June 30, a 7.6 percent fall from a year earlier.

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     Shares of Cigna Corp (CI)  were up 0.44% to $155.04 in pre-market trading Friday, after the company agreed to be taken over by Anthem  for $54.2 billion, in a 55% cash and 45% stock deal. Anthem will pay $188 for every Cigna (CI) share, with the deal carrying a $54.2 billion enterprise value including debt. Cigna (CI) shareholders will get $103.40 in cash and 0.5152 Anthem shares for each share owned.

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    American Airlines Group Inc (AAL) on Friday said it is facing sharp declines in unit revenue for months to come, sending its stock down nearly 7 percent, even though the company posted its highest profit ever last quarter. The world's largest passenger carrier expects revenue per available seat mile to fall between 6 percent and 8 percent this quarter.

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    American Airlines Group Inc. (AAL) shares rose almost 3% in premarket trade Friday, after the carrier beat profit estimates for the second quarter and increased its share buyback program. The company said it had net income of $1.71 billion, or $2.41 a share, in the second quarter, up from $864 million, or $1.17 a share, in the year-earlier period. Excluding special charges, EPS came to $2.62, topping the FactSet consensus of $2.60.

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    - Anthem Inc (ANTM) said on Friday it would buy Cigna Corp (CI) for about $54.2 billion, creating the largest U.S. health insurer by membership and accelerating the industry's consolidation from five national players to three. The proposed acquisition, the health insurance industry's largest, comes three weeks after Aetna Inc agreed to buy Humana Inc for $37 billion.

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    The Nasdaq slid 0.5% on Thursday, but will likely see a pop on Friday with stellar earnings results from Amazon (AMZN) and Starbucks (SBUX), Amazon (AMZN) reported a surprise profit and the stock rallied 16% in after-hours trading as a result. Amazon (AMZN) is showing that it has a lot of operating leverage, Tim Seymour, managing partner of Triogem Asset Management, said on CNBC's "Fast Money" TV show.

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    Amazon (AMZN) on Thursday reported a second-quarter profit that took Wall Street by surprise and sent its stock soaring.Shares of the Seattle- based e-commerce giant surged 17 percent after the markets closed, notching a new accomplishment for Amazon (AMZN): It is the world’ s most valuable retailer, at least for now, with a market value higher than Wal-Mart’ s.That’ s not to say...

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    Meiji Yasuda Life Insurance Co [MEIJY.UL] plans to buy StanCorp Financial Group Inc (SFG) for about 600 billion yen in what would be the biggest acquisition by a Japanese life insurer, a source with direct knowledge of the matter said. The unlisted life insurer is set to announce the deal on Friday, the source said, declining to be identified because the decision is not yet public.

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    - UBS AG is backing away from its own Puerto Rico bond funds, warning clients that they can no longer use them as collateral for certain loans after the island's financial troubles resulted in downgrades by major credit rating agencies. In a July 13 letter to clients, reviewed by Reuters, UBS’ Puerto Rico arm said it would contact investors to discuss alternatives.

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    By Wallace Witkowski and Sue Chang, MarketWatch. Visa shares rally on earnings, sales beat. Amazon.com Inc. shares soared in the extended session Thursday after the online retail giant posted a surprise profit for the second quarter.

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    - AT&T Inc (T) reported a better-than-expected quarterly profit as it managed costs and added wireless customers, sending its shares up 2.1 percent in extended trading on Thursday. The second-largest U.S. wireless carrier earned 69 cents per share, excluding items, 6 cents above the average analyst estimate.

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    Amazon Inc. shares jumped 15% after-hours Thursday after the company beat second-quarter earnings expectations. The e-commerce company reported net income of $92 million, or 19 cents a share, after losing $126 million, or 27 cents a share, in the year-earlier period. The FactSet consensus was a loss per share of 15 cents.

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    Starbucks Corp. (SBUX) shares rose almost 3% in after-hours trading on Thursday after the coffeehouse chain reported better-than-expected third-fiscal-quarter profit and sales. Net income in the quarter ended June 28 rose to$ 626.7 million, or 41 cents a share, from $512.6 million, or 34 cents, a year earlier. Excluding nonrecurring items, the company said it reported profit of 42 cents a share.

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    Amazon reported a surprise profit for the second quarter. Sales jumped 20% and the company earned $92 million. Wall Street went bonkers over the news. Analysts had expected Amazon to post a loss. Amazon is famously tight-lipped about its operations, so it's unclear exactly which products contributed to last quarter's gains.

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    Mitsubishi Motors Corp (MMTOF), faced with declining U.S. demand and an expiring union contract at its only plant in North America, declined to comment Thursday on a report that it planned to end auto production in this country. Japan's Nikkei news service said the plan to cease production at Mitsubishi's plant in Normal, Illinois, is part of a strategic shift to the growing Asian market.