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Endo Pharma Buying American Medical for $2.6 Billion

Endo Pharmaceuticals Holdings Inc. said Monday it is buying urology and pelvic health company American Medical Systems Inc. for about $2.6 billion. Endo is offering $30 a share - a premium of 34...

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Viacom Pulls Channels from iPad App Raising Stakes in the Streaming Standoff

Filed under: Apple Inc (AAPL), Viacom (VIA) Viacom was one of the content owners that pulled its channels from Time Warner Cable's iPad app recently. This combined with its changing stance regarding...

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NYSE Rejects Nasdaq-ICE Takeover Bid

Filed under: NASDAQNasdaq and IntercontinentalExchange said their $11.3 billion bid for NYSE Euronext was rejected without any talks with the exchanges. Nasdaq OMX Group Inc. CEO Robert Greifeld...

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Level 3 to Acquire Global Crossing for $2 Billion

Filed under: Level 3 Communications (LVLT)Level 3 Communications Inc. said Monday that it is buying Global Crossing Ltd. for $2 billion, joining two major long-distance telecommunications networks...

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Alcoa Kicks Off Earnings Season With Improved Sales

Filed under: Earnings Reports, Alcoa Inc (AA)Alcoa Inc. (AA) said Monday it turned a first-quarter profit on stronger sales at higher prices that were offset by a weaker dollar and higher costs for...

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Cisco to Exit Flip Video-Cam Business

Filed under: Cisco Systems (CSCO)Cisco Systems Inc., (CSCO) the world's largest maker of computer networking gear, on Tuesday said it's killing its Flip camcorder business as part of a reversal of...

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Nokia Launches New Symbian Smartphones

Filed under: Nokia Corp. (NOK)Nokia Corp. on Tuesday launched its first smartphones to run on the updated Symbian software with new icons, enhancements and a faster browser. Nokia said the two...

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Zipcar Revs Up for Its IPO

Zipcar Inc., the car-sharing company that rents rides for as little as an hour, is expected to get a warm reception from Wall Street for its planned initial public offering this week. Its...

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JPMorgan's First-Quarter Profit Swells 67%

JPMorgan Chase & Co. (JPM) reported a 67 percent jump in first quarter earnings Wednesday on solid growth in investment banking fees and a drop in losses in its credit card portfolio. The New...

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Silgan Buying Graham Packaging in $1.28 Billion Deal

Consumer packaging maker Silgan Holdings Inc. said Wednesday it will acquire Graham Packaging Co. in a cash-and-stock deal valued at $1.28 billion. The companies say the deal will create a stronger...

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Hasbro First-Quarter Profit Drops 71%

Filed under: Hasbro Inc (HAS)Hasbro's hit battling-top game Beyblade couldn't rescue Hasbro's first quarter from pallid demand for other games and girls toys and spending to launch The Hub TV...

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Ford Expands Recall of F-150 Pickups to Nearly 1.2 Million

Under pressure from government safety regulators, Ford Motor Co. is expanding a recall of the popular F-150 pickup truck to include nearly 1.2 million vehicles that may have defective air...

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Google's Hiring Spree Weighs on Earnings; Shares Slide

Filed under: Google (GOOG)Google's first-quarter earnings came in below analyst projections as the Internet search leader sped up hiring, driving up its costs. The results released Thursday may...

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Scuffles, Protests Mar BP Shareholder Meeting

Filed under: BP p.l.c. ADS (BP)Scuffles between protesters and security guards marred BP's first annual shareholder meeting since the Gulf oil spill Thursday, as investors registered their...

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Bank of America Earnings Fall 39%

Filed under: Bank of America (BAC)Bank of America Corp.'s first-quarter income fell 39 percent on higher costs related to its mortgage business and higher litigation expenses. The bank also settled a...

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Mattel Net Income Falls on Higher Spending

Filed under: Mattel, Inc (MAT)Sales of Barbie and other dolls helped Mattel Inc.'s revenue rise 8 percent during the first quarter. But higher spending on advertising and other expenses outpaced...

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Citi's Income Falls 32% as Underwriting Slips

Filed under: Citigroup Inc. (C)Citigroup's first-quarter income fell 32 percent on lower revenue from its investment banking business and a decline in consumer loans. The bank was able to set aside...

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Burberry Shares Leap on Sales Update

Shares in British luxury goods company Burberry Group PLC jumped Tuesday after the company reported strong second-half sales and predicted a full-year profit at the top end of market...

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Johnson & Johnson's Income Falls 23%

Health care giant Johnson & Johnson says sales rebounded but its profit dropped 23 percent in the first quarter, due to higher expenses, costs of recalls and litigation and a tax gain that...

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