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Ron Paul Defends His Plan for Fed OversightDefending himself against critics, Representative Ron Paul of Texas played down concerns on Friday that his amendment to give Congress sweeping new oversight powers over the Federal Reserve would compromise the central bank's political independence. ... |
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Hershey Considers a Counterbid for CadburyHershey is considering bidding for Cadbury, a proposal that would top the $16.7 billion hostile bid from Kraft, people briefed on the matter told DealBook on Friday. ... |
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P.&G. May Slow Down Deal-Making, Financial Chief SaysProcter & Gamble does not see acquisitions as a core part of its growth plan and has started to buy back shares again, the consumer products conglomerate's chief financial officer said on Friday. ... |
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Morgan Stanley Reaches Deal on Barclays LoanMorgan Stanley is handing over Crescent Real Estate Equities to Barclays Capital, winning forgiveness of a $2 billion loan that financed its acquisition of the real estate business in 2007. ... |
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BofA's Ideal Chief: the One Who's Leaving?Richard X. Bove, the outspoken bank analyst, believes that the best person to lead Bank of America is the man who's leaving the chief executive post. ... |
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CF Claims 3 Seats on Terra's BoardCF Industries announced Friday that all three of its nominees were elected to the board of rival fertilizer maker Terra Industries, potentially ending an 11-month takeover battle. ... |
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