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POLL-Japan's Nikkei seen rising 51 pct in 2013
Reuters* For poll data see * Higher corporate earnings prospect will likely lift Nikkei * Market worries Fed's scaling back stimulus * Risks include steep rise in long-term rate, sales tax hike By Ayai Tomisawa TOKYO, June 18 (Reuters) - Japan's Nikkei will...Tags: Foreign Exchange Market, Real Estate, Economy, Business and Finance, Weather, Weather Reports
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RPT-FEATURE-Flush with orders, aerospace industry retools for future
Reuters* Boeing increased 737 production rates 60 percent * Airbus has cut plane assembly time 30 percent * GE testing 3-D printers to make better engine parts, faster By Alwyn Scott PARIS, June 18 (Reuters) - As airplane makers gathered outside Paris to...Tags: Automotive Equipment, Plant Openings, Manufacturing and Engineering, Aerospace Manufacturing, General Motors Corp.
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Japan's Nikkei seen rising 51 percent in 2013: Reuters poll
ReutersTOKYO (Reuters) - Japan's Nikkei will rise 51 percent in 2013 on expectations of higher company earnings, driven by a weaker yen after Prime Minister Shinzo Abe embarked on radical fiscal and monetary expansionary policies to spur growth, a Reuters poll...Tags: Foreign Exchange Market, Real Estate, Economy, Business and Finance, Weather, Weather Reports
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EU mergers and takeovers (June 18)
ReutersBRUSSELS, June 18 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS -- Private equity firm Triton to buy recycling company Befesa from Spanish renewable...Tags: Michael S. Dell, ConAgra Foods Incorporated, NYSE Euronext, Inc., Sales, Economy, Business and Finance
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Vodafone and Liberty face battle for Kabel Deutschland
Reuters* Kabel Deutschland seeks binding bids in two weeks * Anti-trust authorities to study any Liberty Global deal * Liberty Global has bought UK's Virgin Media, Dutch stake * Vodafone leverage lower than telecom peers By Paul Sandle and Sophie Sassard...Tags: United Kingdom, Economy, Business and Finance, John Malone, Vodafone Group Plc, Marketing
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Spain's credit squeeze thwarts small companies' export plans
ReutersBy Sonya Dowsett MADRID, June 18 (Reuters) - For three generations the Posada family has exported candied chestnuts around the globe, but plans for further expansion are being hampered by the worst bank lending crunch in the business's history. The...Tags: Italy, Chemical Industry, Sales, Loans, Economy, Business and Finance
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Housing Starts in U.S. Increased in May to 914,000 Annual Rate
June 18 (Bloomberg) -- Beginning construction of new U.S. homes increased in May and permits to build single-family houses rose to a five-year high, extending a rebound that is helping shore up the expansion. Housing starts climbed 6.8 percent, less than...Tags: Freddie Mac, Hovnanian Enterprises Incorporated, Ben Bernanke, House Building, Real Estate
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Royalty drops hostile bid for Ireland's Elan
ReutersDUBLIN (Reuters) - U.S.-based Royalty Pharma has dropped a hostile bid worth up to $8 billion for Elan , leaving the Irish drug maker free to seek other suitors having put itself up for sale last week. Royalty on Tuesday withdrew its appeal against a...Tags: Multiple Sclerosis, Biogen Idec Incorporated, Economy, Business and Finance, Theravance Incorporated, GlaxoSmithKline PLC
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Orchard Supply files for bankruptcy, Lowe's steps in
Reuters(Reuters) - Orchard Supply Hardware Stores Corp , spun off by Sears Holdings Corp less than two years ago, has filed for Chapter 11 bankruptcy protection partly blaming hefty dividends paid out to its former parent. Rival retailer Lowe's Companies said...Tags: Finance, The Home Depot, Lowe's Companies Inc., Economy, Business and Finance, Sears Holdings Corp.
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Siemens solicits private equity offers for NSN stake: sources
ReutersFRANKFURT (Reuters) - German industrial conglomerate Siemens is seeking offers from private equity firms to buy its stake in its telecoms equipment joint venture Nokia Siemens Networks (NSN), three sources familiar with the discussions said on Tuesday....Tags: Private Equity, Economy, Business and Finance, Restructuring and Recapitalization, Siemens, Joint Ventures
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Smithfield Foods could do better than Chinese deal, investor says
Smithfield Foods Inc. may be worth less as a whole than its separate parts, according to an activist investor asking the Virginia pork giant this week to reconsider its recent $4.7-billion sale to a Chinese meat producer. Last month, Shuanghui...
Tags: Smithfield, Smithfield Foods, Economy, Business and Finance, China, Mergers, Acquisitions and Takeovers
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Aetna will exit California's individual health insurance market
Aetna Inc. said it would stop selling individual health insurance policies in California next month, and nearly 50,000 existing policyholders will have to find new coverage by January. The company's announcement Monday comes a month after it opted not...
Tags: Consumers, Insurance, Health Insurance, Aetna Inc., Economy, Business and Finance
Jun 18, 2013
|Story| Reuters
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|Story| Allentown Morning Call
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Jun 17, 2013
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Jun 17, 2013
|Story| Los Angeles Times
Jun 18, 2013
|Story| Los Angeles Times
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