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Nasdaq to pay $10M fine over Facebook IPO mistakes
ReutersNasdaq on Wednesday agreed to pay the largest-ever penalty levied against a stock exchange -- $10 million -- to settle civil charges over Facebook's initial public offering last year. U.S. securities regulators said Nasdaq's “ill-fated decisions&...Tags: Computing and Information Technology Industry, Stock Market, Financing and Stock Offerings, Media Industry, NASDAQ
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Exelon stock slammed after power reserve auction
Crain's Chicago Business reports: Exelon stock fell more than 7.5 percent Tuesday, to $32.04, on the New York Stock Exchange after auction results for power reserves in 2016 came in at less than half of a previous sale. That will knock Exelon's capacity...
Tags: Stock Market, Auction Service
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Guess forecasts strong sales this quarter; shares rise
Reuters(Reuters) - Apparel retailer Guess Inc forecast current-quarter sales above Wall Street's estimates after reporting a higher-than-expected quarterly profit, sending its shares up 10 percent in trading after the bell. The retailer forecast total second-...Tags: Stock Market, Earnings Forecasts, Companies and Corporations, Economy, Business and Finance, Corporate Officers
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Dole Food suspends share buyback; to acquire specialty ships
ReutersMay 28 (Reuters) - Dole Food Company Inc indefinitely suspended its share repurchase program, less than a month after announcing it, and said it would instead buy three new specialty built refrigerated container ships for $165 million. The company had...Tags: Stock Market, Buyback, Stock Activities
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CORRECTED-Coty says IPO to raise up to $1.2 bln
Reuters(Corrects paragraph 6 to say private equity firm Berkshire Partners, not Berkshire Hathaway Inc, owns a stake in Coty) May 28 (Reuters) - Fragrance maker Coty Inc said it expected its initial public offering of up to 65.7 million shares to be priced at...Tags: Stock Market, Wal-Mart Stores, Inc., Morgan Stanley Dean Witter & Company, Estee Lauder Cos., Avon Products Incorporated
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Cisco challenges Microsoft buy of Skype in EU court
Reuters* Cisco says European Commission was wrong to approve deal * If court challenge successful, regulators would have to annul deal * Case is one of several merger challenges at the Luxembourg court By Foo Yun Chee BRUSSELS, May 28 (Reuters) - Cisco...Tags: Ryanair Holdings Plc, Restructuring and Recapitalization, Luxembourg, International Organizations, Companies and Corporations
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EU mergers and takeovers (May 29)
ReutersBRUSSELS, May 29 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS -- U.S. communications company Syniverse Technologies to buy Luxembourg-based...Tags: Insurance, Computing and Information Technology Industry, Virgin Group, Ltd., Goldman Sachs Group, Inc., Portugal
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Ed Reed and Ray Lewis scheduled to attend White House ceremony
The 2012-13 Ravens will be well represented Wednesday when the team travels to the White House to be honored by President Barack Obama for its 34-31 victory over the San Francisco 49ers in Super Bowl XLVII on Feb. 3. Linebacker Ray Lewis, who retired...
Tags: Stock Market, Houston Texans, Bernard Pollard, Government, Executive Branch
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Cisco says Microsoft strengthened a monopoly with Skype deal
Reuters* Cisco asks Europe's second-highest court to annul EU decision * Says EU Commission was wrong to approve creation of a monopoly * Commission lawyer points to various rivals to Skype * Case is one of several merger challenges at the Luxembourg court...Tags: Ryanair Holdings Plc, Restructuring and Recapitalization, Luxembourg, International Organizations, Judges
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Coty says IPO to raise up to $1.2 bln
ReutersMay 28 (Reuters) - Fragrance maker Coty Inc said it expected its initial public offering of up to 65.7 million shares to be priced at between $16.50 and $18.50 each, raising as much as $1.2 billion. The company said shareholders are offering 57.1 million...Tags: Stock Market, Wal-Mart Stores, Inc., Morgan Stanley Dean Witter & Company, Estee Lauder Cos., Avon Products Incorporated
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Supplier supplying plenty of jobs
South Bend TribuneWhen Jason Lippert talks about being bullish on the recreational vehicle industry, he's clearly not kidding. In June, he will be moving the company he now heads -- Drew Industries -- from White Plains, N.Y., to Elkhart, resulting in about six new jobs....Tags: Stock Market, Research and Development, Companies and Corporations, New Products, Housing Industry
May 29, 2013
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May 28, 2013
|Story| Chicago Tribune
May 30, 2013
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May 28, 2013
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May 28, 2013
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May 28, 2013
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May 28, 2013
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May 29, 2013
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Jun 5, 2013
|Story| Baltimore Sun
May 29, 2013
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May 28, 2013
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May 27, 2013
|Story| South Bend Tribune
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