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Les Wexner's pay tops $24 million after record year for L Brands

2015-04-23 23:42:00| Apparel - Topix.net

Les Wexner earned $24.1 million in salary, stock awards and other benefits in the year ended Jan. 31, the most he's ever earned leading the Columbus-based retailing company he started in 1963. Of course, that's a drop in the bucket compared with the jump in his estimated net worth over the past year.

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Toyota tops global automaker sales in Q1

2015-04-23 13:09:02| Auto Dealers - Topix.net

Toyota kept the title of world's biggest automaker on Thursday with first-quarter sales of 2.52 million vehicles globally, outpacing Volkswagen and General Motors, despite weakening demand at home. The Japanese giant's numbers, down 2.5 percent from a year ago, come after the German automaker earlier said it moved 2.49 million vehicles in the quarter, while US-based GM shifted 2.4 million units, both up from a year earlier.

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Coke profit tops Wall St. expectations as it sells more soda

2015-04-22 14:52:38| Beverages - Topix.net

Coca-Cola reported a quarterly profit Wednesday that beat Wall Street expectations as the world's largest beverage maker worked on trimming costs and sold more drinks. The maker of Sprite, Dasani, Powerade and other drinks said its global volume rose 1 percent, reflecting gains in both soda and non-carbonated drinks.

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Amgen tops estimates with 51 percent spike in 1Q profit

2015-04-22 00:25:37| Biotech - Topix.net

" Amgen Inc. boosted first-quarter profit by 51 percent, thanks to surging sales of its top prescription drugs and ongoing cost cuts designed to free up cash to mount an unprecedented spurt of new product launches. The huge biologic drugmaker on Tuesday edged out Wall Street forecasts and boosted its profit forecast for 2015 a bit.

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Lam Research Tops, Guides Up Despite Intel CapEx Cut

2015-04-21 04:15:53| Electronics - Topix.net

Lam Research earned $1.40 a share excluding various items for the fiscal third quarter ended March 29, beating analyst forecasts by a dime. That's up 11% from $1.26 a year earlier according to Thomson Reuters.

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