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Xerox to buy Affiliated Computer for $6.4 billion – Reuters

Mon, 28 Sep 2009 12:11:44 +0000

Xerox to buy Affiliated Computer for $6.4 billion
Reuters
NEW YORK (Reuters) – Xerox Corp said on Monday it will buy Affiliated Computer Services Inc for $6.4 billion in a cash and stock deal that expands the copier company into technology outsourcing and data management. Shareholders of ACS, which competes …
Xerox to Acquire ACS in $6.4 Billion DealWall Street Journal
Xerox to Buy Affiliated Computer for $6.4 BillionBloomberg
Xerox buys ACS; Makes its big services betZDNet (blog)
Trading Markets (press release) -Call Centre Clinic News (press release) -Your-Story.org (press release)
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Mon, 28 Sep 2009 12:04:27 +0000

Cal-Maine Foods Swings To Surprise 1Q Loss On Price Slump
Wall Street Journal
Cal-Maine Foods Inc. (CALM) swung to a surprise fiscal first-quarter loss as a 19% drop in selling prices more than offset a 22% drop in feed costs. While egg sales by the dozen rose 13% and production jumped 17%, Chairman and Chief Executive Fred …
Cal-Maine swings to loss after drop in egg pricesMarketWatch
Cal-Maine Foods Slips To Q1 Loss – Quick FactsRTT News
Cal-Maine Foods Reports First Quarter Fiscal 2010 ResultsEarthtimes (press release)

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Mon, 28 Sep 2009 11:46:45 +0000

China Likely To Keep Stimulus Measures For 18 Mos – JP Morgan
Wall Street Journal
HONG KONG (Dow Jones)–The Chinese government isn't likely to withdraw its stimulus measures in the next 18 months, because the domestic market hasn't yet fully recovered, Jing Ulrich, chairman of China Equities and Commodities for JPMorgan Chase & Co. …
HK shares hit three-wk low; China stumblesReuters
HK shares hit three-wk low; China stumblesForbes
Why China's Nasdaq Is No GEMTIME
BBC News -MarketWatch -Wall Street Journal
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Mon, 28 Sep 2009 11:32:31 +0000

Crucell Finds Partner in J&J 8 Months After Wyeth Walks Away
Bloomberg
Sept. 28 (Bloomberg) — Johnson & Johnson bought an 18 percent stake in Crucell NV for 301.8 million euros ($441 million), forming a partnership for flu shots and therapies eight months after Wyeth abandoned a deal with the Dutch …
CORRECTED – UPDATE 1-Crucell gets Johnson&Johnson 302 mln euros …Reuters
Johnson & Johnson buys 18 percent stake in CrucellThe Associated Press
Johnson & Johnson Buys 18% Stake In CrucellWall Street Journal
Benzinga -RTT News -MarketWatch
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Mon, 28 Sep 2009 11:27:30 +0000

Asian Stocks Slump on Economy Concern, Yen Advance; Honda Falls
Bloomberg
Sept. 28 (Bloomberg) — Asian stocks fell, dragging the MSCI Asia Pacific Index to its biggest loss in two weeks, as the yen surged and disappointing US data raised concerns about the strength of the economic recovery. …
Asian Shares End Dn;Yen Strength Remains Burden On Tokyo MktWall Street Journal
Yen jumps to 9-month high amid Fujii commentsBusinessWeek
FOREX-Yen hits 8-month high vs dollar then pulls backReuters
Forbes -Wall Street Journal -Reuters
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Mon, 28 Sep 2009 11:09:34 +0000

S American leaders in bank deal
BBC News
South American leaders have backed plans to create a development bank to finance projects in the region. The Bank of the South aims to be an alternative funding source to the likes of the International Monetary Fund (IMF) and the World Bank. …
PREVIEW-Pakistani c.bank likely to keep rate unchangedForbes
IMF Says Loan Recipients Face Slow Recovery and High RisksBloomberg
IMF Says It Battled Crisis WellWall Street Journal
Reuters -Bloomberg -Bloomberg
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Mon, 28 Sep 2009 09:40:10 +0000

China Unicom iPhone Sales to Start in October
Wall Street Journal
BEIJING — China Unicom (Hong Kong) Ltd. said Monday it will begin offering Apple Inc.'s iPhone in China in October at a retail price of around 5000 yuan ($732). China Unicom in August signed a three-year deal with Apple to sell iPhones …
China Unicom to sell iPhone in China from OctoberMarketWatch
China Unicom to launch iPhone in OctoberAFP
SK Tel sells back China Unicom stake for $1.3 blnReuters
TeleGeography -TheStreet.com -Korea Times
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Mon, 28 Sep 2009 09:17:09 +0000

Solvay Sells Pharma Ops To Abbott For EUR4.5B Cash
Wall Street Journal
BRUSSELS (Dow Jones)–Chemical and pharmaceutical company Solvay SA (SOLB.BT) confirmed Monday it is selling its drug making activities to US rival Abbott Laboratories (ABT) for EUR4.5 billion in cash, …
Abbott to buy Solvay drug business for up to $7 billionMarketWatch
Solvay sells pharma division to Abbott for $7.6BThe Associated Press
Stock futures point to weaker startReuters
Newsday -RTT News
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Mon, 28 Sep 2009 09:01:48 +0000

Gap co-founder Donald Fisher dead at 81
Reuters
SAN FRANCISCO (Reuters) – Donald Fisher, who co-founded Gap Inc with his wife Doris forty years ago, died on Sunday after a battle with cancer, the clothing retailer said. The company that the Fishers began as a little denim store in San Francisco now …
Don Fisher, Founder Of Gap, Dies at 81Wall Street Journal
Gap founder Fisher dies at 81 Silicon Valley / San Jose Business …Bizjournals.com
Donald G. Fisher, 81; co-founded the Gap chainLos Angeles Times
The Associated Press -NPR -RTT News
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Mon, 28 Sep 2009 04:32:16 +0000

Trustee Plans to Sue Madoff Family Members for $198 Million
New York Times
Irving H. Picard, the court-appointed trustee hunting down any remaining spoils of Bernard L. Madoff's giant Ponzi scheme, plans to sue Mr. Madoff's two sons, his niece and his brother this week, seeking the return of $198 million. …
The Madoff Scam: Meet The LiquidatorCBS News
Picard to Sue Madoff FamilyWall Street Journal
Trustee to sue Madoff family to recover moneyThe Money Times
The Business Insider -New York Daily News -New York Post
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