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Citigroup Has Reached a Deal to Repay U.S. Bailout FundsCitigroup will become the last of the big Wall Street banks to exit the bailout program after reaching a deal to repay its remaining $20 billion of federal aid. ... |
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Ex-TCW Star to Start New Money Management FirmJeffrey Gundlach, the star money manager who was ousted from the TCW Group less than two weeks ago, announced on Monday that he is forming a new firm and seeking to lure billions of dollars in client money from his former employer. ... |
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Exxon’s Natural Gas Holdings Grow With $31 Billion DealExxon’s purchase of XTO, which has expertise in the growing area of shale gas, is one of the biggest energy deals in years. ... |
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Exxon Mobil to Buy XTO Energy for $31 BillionExxon Mobil said Monday that it has agreed to buy XTO Energy, a natural gas producer, for $31 billion in stock and the assumption of $10 billion in debt, in one of the biggest energy mergers of recent years. ... |
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U.S. Offers $85 Million to Promote Energy EfficiencyThe announcement, part of a $350 million effort to develop clean energy in developing countries, was meant to take place Monday, as the Copenhagen summit heads into more serious negotiations. ... |
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Bid for AXA Asia Pacific IncreasedAMP, an Australian wealth manager, and AXA, the French insurer, raised their takeover offer for AXA Asia Pacific by 16 percent to $11.7 billion. ... |
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