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Informa Talks Give Springer Owners HopeInforma, the British media company, said it was in talks to buy Springer Science and Business Media, reigniting hope among Springer's private equity owners that they can finally offload the debt-ridden business. ... |
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Newmont Sells Additional Stake in Indonesia MineNewmont Mining has agreed to sell a 14 percent stake in an Indonesian gold mine for $494 million, ending a years-long dispute with the Indonesian government over how the mining company should sell shares as required under its contract to operate in the country. ... |
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PPR to Unload European Retail, Report SaysFrancois-Henri Pinault, chief of PPR, is looking to unload the firm's European retail business to focus exclusively on global consumer and luxury brands, The Wall Street Journal reported. ... |
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Lloyds Prices World's Largest Cash CallLloyds Banking Group priced its record $22.4 billion rights issue at a smaller than expected discount, as the British bank battles to escape a costly state-backed insurance scheme for bad debts. ... |
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Hewlett-Packard Triples Stock Buyback PlanHewlett-Packard tripled the size of its share repurchase program to $12 billion as China sales and better profit margins on its services boosted quarterly earnings. ... |
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Is Paulson a Grump? Did It Make Him Billions?Did John Paulson's metamorphosis from a fairly sociable individual into a grump help him transform his career from relatively lackluster to very successful? ... |
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