Highlights
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Pope blesses leather-clad Harley bikers
ReutersROME (Reuters) - Hundreds of bikers took a break from hell-raising on Sunday to be blessed by Pope Francis. Wearing black boots, jackets and vests, the tattooed Harley-Davidson riders stuck out among the nuns, priests, school children and shorts-...Tags: Harley-Davidson Inc., The Pope, Francis I, Marketing, Rome (Italy)
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EU mergers and takeovers (June 14)
ReutersBRUSSELS, June 14 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS -- Diversified U.S. manufacturer Honeywell International Inc. to acquire mobile...Tags: Restructuring and Recapitalization, IntercontinentalExchange, Inc., Michael S. Dell, Goldman Sachs Group, Inc., Computing and Information Technology Industry
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Smithfield profit plunges on drop in exports
Reuters(Reuters) - Hog producer Smithfield Foods Inc , the subject of a $4.7 billion bid from China's Shuanghui International, posted a 63 percent fall in net profit as exports to China and Russia fell due issues related to a drug it uses to produce lean meat....Tags: Smithfield Foods, Quarterly or Semiannual Financial Statements, Russia, China, Stock Market
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JPMorgan's private equity unit to become independent
Reuters(Reuters) - JPMorgan Chase & Co said on Friday its private equity unit, One Equity Partners, will become independent, as the largest U.S. bank increases its focus on client businesses. One Equity Partners, which manages $4.5 billion of investments,...Tags: Citigroup Incorporated, Wright Medical Group Incorporated, JPMorgan Chase & Co., Federal Reserve, Private Equity
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Walter Energy refinancing pulled, shares drop
ReutersJune 14 (Reuters) - Walter Energy Inc has pulled a planned $1.55 billion credit refinancing, Reuters Loan Pricing Corp reported on Friday, citing sources, sending the coal miner's shares lower. The Morgan Stanley-led deal was pulled because of market...Tags: Morgan Stanley Dean Witter & Company, Stock Market
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Wall St. slides in volatile week, eyes on the Fed
ReutersNEW YORK (Reuters) - Stocks fell on Friday on low volume to end their third negative week in four on lingering concern over whether the world's central banks will soon start to trim their stimulus programs. Uncertainty about the longevity of loose...Tags: Nikkei, Mutual Funds, Consumers, Finance, Japan
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U.S. RESEARCH ROUNDUP: American Express,Google, Wells Fargo
ReutersJune 14 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S. companies, including Wells Fargo and Google, on Friday. HIGHLIGHTS * Freeport-McMoRan : Credit Suisse reinstates coverage with outperform...Tags: Citigroup Incorporated, Coca-Cola Enterprises Incorporated, Airgas Incorporated, Morgan Stanley Dean Witter & Company, Biology
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Christi Offutt shares philosophy of RDO company
MOORHEAD, Minn. - RDO Equipment, based in Fargo, N.D., is known as the largest network of John Deere construction and agricultural equipment dealerships in the country, with some 60 locations and operations in a dozen states, as well as in Russia, Ukraine...Tags: Concordia University Chicago, Financing and Stock Offerings, Finance, Stock Market, Economy, Business and Finance
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U.S. RESEARCH ROUNDUP: Baker Hughes, BlackBerry, NYSE Euronext
ReutersJune 13 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S. companies, including Baker Hughes, BlackBerry and Murphy Oil, on Thursday. HIGHLIGHTS * NYSE Euronext : KBW raises target price to $45 From $42....Tags: Citigroup Incorporated, Macerich, Sl Green Realty Corporation, Morgan Stanley Dean Witter & Company, Stock Market
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Coty fails to charm investors in market debut
Reuters(Reuters) - Shares of perfume and beauty products seller Coty Inc fell more than 3 percent in their market debut on Thursday, taking the gloss off the third-largest U.S. IPO this year. There had been concerns ahead of the IPO that Coty was too...Tags: ING Group, Financing and Stock Offerings, Thomson Corporation, Minority Groups, Morgan Stanley Dean Witter & Company
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Chrysler working on loan refinancing: Fiat CEO
ReutersFLORENCE, Italy (Reuters) - Italian carmaker Fiat SpA's U.S. unit Chrysler is still working on a $3 billion loan refinancing, Fiat CEO Sergio Marchionne said on Thursday, confirming what sources had earlier told Reuters. On June 12 Reuters reported...Tags: Personal Service, Italy, Automotive Equipment, Sergio Marchionne, Stock Market
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DuPont says wet spring to hit operating profit
Reuters(Reuters) - Chemical maker DuPont said its operating profit would fall more than it expected in the first half of the year as a wet spring in North America and Europe hurt its agriculture business, sending its shares down 1.5 percent. Dupont is...Tags: Weather Reports, Earnings Forecasts, Companies and Corporations, Weather, Economy, Business and Finance
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Jun 13, 2013
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