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Stock updates


Kraft Heinz, TrueCar rise; Campbell Soup, Nu Skin fall
NEW YORK (AP) -- Stocks that moved substantially or traded heavily Friday:...

Fannie Mae to pay Treasury $5.5 billion after profit doubles
NEW YORK (AP) -- Fannie Mae said Friday that it will pay the U.S. Treasury a $5.5 billion dividend next month after its profit doubled in its latest quarter....

Declining sales force, revenue send Avon shares tumbling
NEW YORK (AP) -- Shares in Avon Products plunged 20 percent as sales at the cosmetics company continued a long slide and the number of people selling them declined....

Freddie Mac to pay Treasury $4.5B after profit doubles
NEW YORK (AP) -- Freddie Mac said Thursday that it will pay the U.S. Treasury a dividend of $4.5 billion next month after its profit more than doubled in the last quarter....

European Central Bank: 'No room for complacency' on recovery
FRANKFURT, Germany (AP) -- Top European Central Bank officials saw "no room for complacency" when it came to supporting the economic recovery with continued stimulus at least through the end of the year....

Nestle earnings weighed down by weak food pricing
GENEVA (AP) -- Pressure on food prices globally weighed on the earnings of consumer goods giant Nestle, which on Thursday said it would step up its drive to cut costs....

PepsiCo sees growth from "guilt-free" items like Baked Lay's
NEW YORK (AP) -- What do Baked Lay's potato chips, Simply Tostitos chips and Diet Mountain Dew have in common? They're all "guilt-free," according to how PepsiCo categorizes them....

Dutch bank ABN Amro sees profits grow in fourth quarter
THE HAGUE, Netherlands (AP) -- Dutch bank ABN Amro says its underlying net profit, which strips out exceptional items, rose 23 percent in the fourth quarter of 2016 to 333 million euros ($351 million)....

Cyprus expects robust economic growth this year
NICOSIA, Cyprus (AP) -- Cyprus expects its economy to grow between 2.5 percent and 3 percent this year as it recovers from its recent financial crisis and bailout....

Burj Khalifa developer Emaar pulls in $1.43B profit in 2016
DUBAI, United Arab Emirates (AP) -- The developer of the world's tallest building says its profit rose to $1.43 billion last year as it saw a boost in property sales and opened a new opera house in its Dubai home....

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