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Category: Economy

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BG Group, Royal Dutch Shell merger gets FTC approval

The acquisition by oil giant Royal Dutch Shell PLC of natural gas firm BG Group PLC received a huge boost in the U.S. after the Federal Trade Commissi...
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U.S. housing starts fall 11 percent in May due to wet weather

U.S. home builders are preparing to increase home construction this summer, a reflection of people's rising demand for housing that could potentially ...
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Cox Automotive Inc. acquires Dealertrack Technologies Inc. for $4B

Cox Automotive Inc., which owns brands including Kelley Blue Book, announced on Monday that it has acquired Dealertrack Technologies Inc. for a deal w...
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Pfizer Inc. breaks ground on new China production facility

Pfizer Inc. announced on Monday that it broke ground on a Suzhou, China based production facility valued at $95mn, in a move to increase its productio...
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LG G Stylo now under Sprint Mobile for $288 without contract

Apart from the main Sprint network, the LG G Stylo is also now available in the company's subsidiary Boost Mobile.
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Barry Sanders signed urinal sells for $3K in eBay auction

Mike Kozan, a huge Barry Sanders fan, now has the spotlight focused on him after a urinal autographed by his idol went for $3000 when he decided to pu...
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Monsanto Co. pursues merger talks with Syngenta

Monsanto Co. is seeking to acquire pesticide maker Syngenta by pitching a proposal to the Swiss company's shareholders as Monsanto hopes to have Synge...
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Dish Network Corp. seeks banks’ help to fund T-Mobile bid

Dish Network Corp. is in discussions with banks as the company seeks funding for its bid for T-Mobile U.S. Inc. that would include up to $15bn in cash...
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Toyota Motor Corp. to invest $126M in Michigan facilities

Toyota Motor Corp. announced that it is investing $126mn in three new Michigan-based facilities, as it seeks to consolidate formerly separate units.
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Target Corp. raises dividend by 7.7 percent; increases share buyback to $10B

Target Corp. announced on Tuesday said it has raised its quarterly dividend by 7.7 percent and doubled the value of its share repurchase authorization...