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Updated: 19 min 47 sec ago

Banks companies shares down at 10 a.m.

Mon, 02/23/2015 - 10:48am
Shares of some top banks companies are down at 10 a.m.: Bank of America Corp. fell $.19 or 1.1 percent, to $16.20.
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Drug Benefits companies shares down at 10 a.m.

Mon, 02/23/2015 - 10:48am
Shares of some top drug benefits companies are down at 10 a.m.: CVS Health Corp. fell $.05 or percent, to $102.65.
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Homebuilders companies shares down at 10 a.m.

Mon, 02/23/2015 - 10:48am
Shares of some top homebuilders companies are down at 10 a.m.: DR Horton fell $.50 or 1.8 percent, to $26.82.
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Bristol-Myers to Buy Private Cancer Drugmaker for Up to $1.25B

Mon, 02/23/2015 - 10:09am
Bristol-Myers Squibb Co said it would buy privately held drugmaker Flexus Biosciences Inc for up to $1.25 billion to add an emerging class of cancer-fighting drugs to its pipeline.
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Apple to Spend $1.9 Billion on New European Data Centers

Mon, 02/23/2015 - 10:03am
Apple Inc said it would spend 1.7 billion euros ($1.9 billion) to build two data centers in Europe that would be entirely powered by renewable energy and create hundreds of jobs.

 

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Keurig to Buy Back Half of Lavazza's Stake

Mon, 02/23/2015 - 9:59am
Keurig Green Mountain Inc, the maker of the K-Cup single-serve coffee pod, will buy back nearly half of Italian coffee maker Luigi Lavazza SpA's stake in the company for about $624 million.
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Oversupply and Strong Dollar Weigh on Falling Oil Prices

Mon, 02/23/2015 - 9:43am
Oil prices fell more than a dollar on Monday as worries about oversupply and a strong dollar pushed Brent futures to around $58.50 a barrel and U.S. contracts below $49 a barrel.
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Target Cuts Minimum Order Threshold For Free Shipping To $25

Mon, 02/23/2015 - 9:42am
Target Corp. said on Monday that it slashed its minimum online order threshold to receive free shipping in half, to $25 from $50.
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U.S. Edged Back Into Above-trend Growth In January, National Activity Index Shows

Mon, 02/23/2015 - 9:30am
The U.S. economy resumed above-trend growth in January, according to the Chicago Fed's national activity index released Monday.
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Darden's Interim Chief to Permanently Take Over

Mon, 02/23/2015 - 9:28am
Darden Restaurants Inc, the parent of Olive Garden and LongHorn Steakhouse chains, said interim Chief Executive Eugene Lee would take over the job permanently, effective immediately.
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Bristol-Myers Buys Flexus Biosciences In a Deal Worth Up To $1.25 Billion

Mon, 02/23/2015 - 9:18am
Bristol-Myers Squibb announced on Monday and agreement to buy privately-held biotechnology company Flexus Biosciences in a deal that could be valued at up to $1.25 billion.
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Honda Chief Steps Down, Replaced by Low-Profile Engineer

Mon, 02/23/2015 - 9:15am
Honda Motor Co. named an experienced, but little-known engineer as its new chief executive. He will take over in late-June with the Japanese automaker battling fallout from a slew of recalls that's shaken the company's reputation for quality.
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Keurig To Buy Back $619.7 Million Worth Of Shares From Luigi Lavazza

Mon, 02/23/2015 - 9:10am
Shares of Keurig Green Mountain rose 0.9% in premarket trade Monday, after the single-cup coffee brewer announced a plan to buy back 5.2 million of its shares owned by Luigi Lavazza for about $619.7 million.
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Valeant to Buy Salix in $10.1 Billion Deal

Mon, 02/23/2015 - 9:08am
Canada's Valeant Pharmaceuticals agreed to buy gastrointestinal drugmaker Salix in an all-cash deal valued at about $10.1 billion. The deal was approved by both comapnies' boards, and is expected to result in more than $500 million in annual cost savings within six months.
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Dish Founder Steps Back into CEO Role

Mon, 02/23/2015 - 9:03am
The company's president and CEO Joe Clayton, who has served in the position since 2011, will retire from his post in March, and also depart the board. Dish said on Monday Charlie Ergen, the firm's founder will take over as CEO.
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U.S. Stock-Index Futures Tilt Downward Ahead of Housing Data

Mon, 02/23/2015 - 8:57am
U.S. equity futures were mixed in early trade on Monday, set to retreat from a late rally staged last week as investors looked to new home-sales data.
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Ocwen's Stock Rallies After Deal To Sell Portfolio Of Mortgage Servicing Rights

Mon, 02/23/2015 - 8:55am
Shares of Ocwen Financial ran up 8.9% in premarket trade Monday, after the company announced a deal to sell a $9.8 billion portfolio of mortgage servicing rights to Nationstar Mortgage .
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Egypt postpones retrial of 2 Al-Jazeera English journalists to March 8 after brief hearing

Mon, 02/23/2015 - 8:17am
The retrial of two Al-Jazeera English journalists who face terror-related charges in a case widely criticized by human rights organizations and media groups has been postponed to March 8.
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Westwood, Topshop lead London Fashion Week Day 3; Kendall Jenner steals spotlight

Mon, 02/23/2015 - 8:17am
Fashionistas struggled to stay dry and composed Sunday as driving wind and rain hit London Fashion Week, but the miserable weather wasn't the only thing that caused some to lose their cool.
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Straw, Rifkind: Former British ministers deny wrongdoing after being caught in lobbying sting

Mon, 02/23/2015 - 8:17am
Two former senior British government ministers have denied wrongdoing after being caught in a hidden-camera sting appearing to offer access to politicians and diplomats in return for cash.
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