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Exxon deal latest milestone in Russia investment

Exxon Mobil Corp and Rosneft on Monday announced a deal to extract oil and gas from the Russian Arctic, marking a significant milestone in Russia's patchy history with foreign corporate investors.
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Job Market Retreats to 2008/2009 Levels

Despite recent market volatility and unfavorable labor statistics, second quarter employee confidence over job security, pay raises and the job market has returned to levels last seen in the height of the recession.
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PepsiCo results beat; keeps outlook

PepsiCo Inc reported quarterly profit slightly ahead of Wall Street expectations, helped by higher sales volume in both its snacks and drinks units, and stood by its full-year outlook.
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Higher costs hit soap, diaper makers

Makers of soap, diapers and other household products are spending much more for fuel and raw materials than expected, which means more price increases are on the way for consumers.
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PepsiCo to launch social vending machine

PepsiCo Inc is introducing a social vending machine that lets users buy each other drinks remotely, further proof that its decades-old rivalry with Coca-Cola Co is going ever-more high tech.
Level 3 To buy Global Crossing

Salesforce.com To Acquire Radian6 for about $326 mln

Salesforce.com said it agreed to acquire Radian6, a social media monitoring platform, for about $326 million in cash and stock deal a move that will help Salesforce to effectively market its cloud-based products.
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BofA M&A head Kaplan leaving, Baronoff to replace

Bank of America's global head of mergers and acquisitions Jeffrey Kaplan is leaving the bank to join hedge fund Appaloosa Management and will be replaced by Steven Baronoff who chairs that business, according to a memo obtained by Reuters on Monday.
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Tropicana orange juice in bottles: a shot at Coke

PepsiCo Inc will sell its Tropicana Pure Premium orange juice in clear bottles, not the familiar coated-paper cartons, as it tries to take back market share from the Coca-Cola Co brand Simply Orange.
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PepsiCo cuts growth goal; shares fall

PepsiCo Inc cut its earnings growth targets for 2011 and beyond on Thursday, citing soaring commodity costs and uncertainty about when the economic recovery on paper will actually be felt by consumers.
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PepsiCo cuts growth goal

PepsiCo Inc cut its earnings growth targets for 2011 and beyond on Thursday, citing higher commodity costs, a difficult economy and investments in emerging markets.

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