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Pfizer Revenue Falls as Drugs Lose Exclusivity

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Pfizer said revenue fell in its latest quarter as some legacy drugs lost market exclusivity.

Aetna Reports Loss, Reflecting Fallout From Scuttled Merger

Health insurer Aetna swung to a loss in the most recent quarter in the aftermath of its failed merger with Humana. The company expects the fallout from the merger to dent its full year earnings by $3.69 a share.

CVS Profit Declines in First Quarter of 'Rebuilding Year'

CVS reported lower profit in the first quarter of what its chief executive has called a "rebuilding year," as fewer customers visited its stores and it was pressured by more generic drugs.

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BP Swings to Profit as Oil Sector Shakes Off Woes

BP said it swung to a profit in the first quarter-the latest major oil company to report a sharp improvement after a multi-year slump in crude prices.

Samsung Gets Green Light to Test Self-Driving Cars

Samsung has received regulatory approval to test a self-driving car in its home market, a reflection of the South Korean technology giant's growing ambitions in the auto industry.

Alitalia Shareholders Make Last Bid to Revive Airline

Alitalia edged closer to bankruptcy or breakup after its shareholders agreed to ask the Italian government to step in to help the beleaguered carrier.

Buffett's Berkshire Pressed to Disclose Political Spending

Shareholder advisory firms are recommending that shareholders of Warren Buffett's Berkshire Hathaway approve a resolution asking for a twice-yearly report on the company's political contributions and expenditures.

Dutch Bicycle Maker Accell Halts Takeover Talks With Rival Pon

Dutch bicycle maker Accell ended takeover talks with rival Pon, saying a raised bid remained too low-the latest European deal at risk of collapse amid opposition.

United's Munoz, Other Airline Executives to Testify in Washington

United Continental CEO Oscar Munoz will face lawmakers' questions Tuesday about overbooking and customer service, as fallout from a passenger's forced removal from a flight continues.

Twitter Announces More Live Video Deals

Twitter unveiled partnerships with companies such as BuzzFeed, Vox Media, MLB Advanced Media and Live Nation to produce or provide live-streaming content for the platform.

(END) Dow Jones Newswires

May 02, 2017 09:15 ET (13:15 GMT)