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German soccer clubs setting example on and off pitch
Reuters* German rivals to meet for European soccer's top prize * German clubs have stable finances, low ticket prices * Business model meets UEFA blueprint for soccer's future By Karolos Grohmann and Keith Weir BERLIN/LONDON, May 23 (Reuters) - Champions...Tags: Sports, Adidas AG, Sports Organizations, Stock Market, Deutsche Telekom AG
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Dover to spin off some communication technologies businesses
Reuters(Reuters) - Industrial conglomerate Dover Corp said it plans to spin off some of its communication technologies businesses into a publicly traded company with annual revenue of about $1.3 billion. The businesses, to be folded into the company's Knowles...Tags: Business, Stock Market, Dover Corporation, Goldman Sachs Group, Inc.
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General Electric considering IPO for finance business - CEO
ReutersMay 23 (Reuters) - General Electric Co is considering spinning off parts of its financial arm, GE Capital, through an initial public offering as part of its plan to reduce the size of the business, Chief Executive Jeffrey Immelt said. "The capital...Tags: Buyback, Finance, Stock Market, Economy, Business and Finance, General Electric Company
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German football clubs setting example on and off pitch
ReutersBERLIN/LONDON (Reuters) - Champions League finalists Bayern Munich and Borussia Dortmund are the envy of football fans across Europe for the way the German clubs run their business as well as their success on the field. Bayern and Dortmund are the top...Tags: Sports, Adidas AG, Stock Market, Sports Organizations, Deutsche Telekom AG
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Forest Labs' longtime CEO Solomon to step down at year-end
ReutersMay 23 (Reuters) - Forest Laboratories Inc said on Thursday that Howard Solomon, who has led the biotech firm since 1977, will retire as chief executive officer at the end of this year and the company will name a successor by that time. The company...Tags: Board of Directors, Forest Laboratories Incorporated, Carl Icahn, Companies and Corporations, Corporate Officers
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Shares of Ply Gem Holdings rise in market debut
ReutersMay 23 (Reuters) - Shares of Ply Gem Holdings Inc, which makes building products for homes, rose as much as 10 percent in their market debut, valuing the company at about $1.5 billion, as investors tap into companies that cater to the recovering U.S....Tags: Mastic, Stock Market, U.S. Securities and Exchange Commission
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Dutch aluminum products maker Constellium NV trades down in debut
ReutersMay 23 (Reuters) - Dutch aluminum products maker Constellium NV's shares opened 10 percent below their IPO price in their debut on the New York Stock Exchange, valuing the company at $1.36 billion. Constellium, whose shareholders include Apollo Global...Tags: Stock Market, Initial Public Offerings, Financing and Stock Offerings
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Investment groups sue CBOE, other exchanges over charges
ReutersA group of investment firms including Chicago's Citadel Securities LLC have sued the Chicago Board Options Exchange Inc and four other exchanges, alleging improper charges on millions of options trades over a period of seven years. The lawsuit said...Tags: Investments, Justice System, NASDAQ, Chicago Board Options Exchange, International Securities Exchange Incorporated
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AEP, Nextera Energy shares drop sharply at opening
ReutersNEW YORK, May 23 (Reuters) - Shares of American Electric Power dropped as much as 54 percent while Nextera Energy sank 62 percent on Thursday, both falling sharply at the opening. In AEP, numerous trades were done in the $20 and $30 range all in the...Tags: Stock Market
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E-commerce software maker ChannelAdvisor shares soar in debut
ReutersMay 22 (Reuters) - Shares of cloud-based e-commerce software provider ChannelAdvisor Corp soared as much as 39 percent in their debut, as enterprise software makers continue to draw investor attention with their strong revenue models. The company's...Tags: eBay Inc., Jos. A. Bank Clothiers Inc., Facebook, Marketing, Auto Trends
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Ply Gem shares rise in NYSE debut
Reuters(Reuters) - Shares of building products maker Ply Gem Holdings Inc rose as much as 14 percent in their market debut, valuing the company at about $1.55 billion, as investors tap into companies catering to the recovering U.S. housing market. Ply Gem...Tags: Credit Ratings, Finance, Land Price, Economy, Business and Finance, William Lyon Homes Incorporated
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NYSE says AEP, NextEra trades to stand
ReutersNEW YORK, May 23 (Reuters) - The New York Stock Exchange said after a review of trades in American Electric Power and NextEra Energy in the first minute of trading on Thursday, it has determined that all of the trades will stand. However, it said all...Tags: Stock Market
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