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R.B.S. Reduces Loss, but Warns on More Bad DebtsRoyal Bank of Scotland more than halved its operating losses to $2.5 billion in the third quarter as impairments fell, but less favorable trading battered investment banking profits. ... |
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Citi Said to Eye Relaunch of Hedge Fund UnitCitigroup is preparing to relaunch its hedge fund business operations, after months of debate on the unit's future, The Financial Times reported. ... |
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U.K. Extends Deadline for Ticketmaster DecisionThe British Competition Commission said Friday that it had pushed back the deadline for a final decision on the proposed merger of Ticketmaster and Live Nation. ... |
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Ancestry.com Jumps in DebutAncestry.com shares climbed in their first day of trading Thursday after the genealogy Web site's initial public offering priced in the middle of the expected range. ... |
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Blackstone Inks Deal With Glimcher RealtyBlackstone Group has inked a deal to a stake in two malls owned by Glimcher Realty Trust, through a joint venture set up by the private equity giant and the real estate investment trust. ... |
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Ex-SEB Enskilda Analyst Charged in Insider CaseEstonian prosecutors charged a former analyst at SEB Enskilda with using inside information to trade shares and options of Baltic telecommunications firms Eesti Telekom and TEO. ... |
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