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* Maytag Corp. said second-quarter profit more than tripled, to $68 million, or 86 cents a share, with help from stronger sales of its higher-priced appliances, including Hoover vacuums and Neptune washers. Sales rose 22% to $1.19 billion, boosted by last year’s acquisition of Amana Appliances.

* Financier Carl Icahn received clearance July 1 to exercise the option to buy at least $50 million in securities or assets of Tyco International Ltd., according to a Federal Trade Commission document. Icahn, who wasn’t available to comment, isn’t obligated to purchase Tyco shares or assets, and the document doesn’t show whether he has purchased any.

* Morton’s Restaurant Group Inc. said it agreed to Castle Harlan Inc.’s sweetened $71.2-million takeover offer after the private buyout firm matched a bid of $17 a share from billionaire financier Carl Icahn.

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* U.S. retail gasoline prices jumped 1.2 cents over the last week to $1.394 a gallon, the largest increase since April, on strong gasoline demand and a drop in motor fuel inventories, the Energy Department said. The latest pump price is down 2 cents from a year ago. On the West Coast, the average price was down 0.7 of a cent to $1.549 a gallon.

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