| Good Morning Robert, | MON 17 May 2010 | | |
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May 17, 2010 08:25 AM ET | NEW YORK (Reuters) - U.S. stock index futures turned negative on Monday on worries about the strength of the economic recovery as companies, including Lowes Cos Inc posted muted outlooks despite strong results. | |
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May 17, 2010 08:37 AM ET | LONDON (Reuters) - British insurer Prudential unveiled its $21 billion cash call as it tries to put its takeover of AIG's Asian unit back on track, launching a charm offensive to woo wary shareholders. | |
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May 17, 2010 07:46 AM ET | BRUSSELS (Reuters) - The euro hit a four-year low on Monday on fears that austerity measures would stifle recovery, as European finance ministers prepared to discuss tighter regulation a week after launching a $1 trillion rescue plan. | |
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May 17, 2010 07:52 AM ET | TOKYO (Reuters) - Astellas Pharma , Japan's No.2 drugmaker, agreed to buy U.S. biotech OSI Pharmaceuticals for $4 billion in cash in a sweetened bid that will add OSI's blockbuster cancer drug Tarceva to its line-up. | |
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May 17, 2010 08:21 AM ET | NEW YORK (Reuters) - No. 2 U.S. home improvement chain Lowe's Cos Inc gave a muted quarterly outlook despite posting stronger-than-expected results for the latest period, and its shares fell nearly 4 percent. | |
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May 17, 2010 06:06 AM ET | BEIJING (Reuters) - A Chinese leading economic indicator showed that growth may have already peaked in the world's third-largest economy, with the stock market falling on investor worries about the government's campaign to rein in property prices. | |
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May 17, 2010 06:17 AM ET | LONDON (Reuters) - American Express Co has teamed up with UK private equity firm Permira to bid for Royal Bank of Scotland's $4 billion payment processing arm, people familiar with the matter said on Monday. | |
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May 17, 2010 05:21 AM ET | LONDON (Reuters) - Hedge fund firm Man Group PLC has agreed to buy rival GLG Partners for $1.6 billion as it seeks to boost its flagging growth while creating a new giant in an industry reshaping after the financial crisis. | |
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May 17, 2010 08:35 AM ET | SINGAPORE/HONG KONG (Reuters) - British bank Standard Chartered is replacing the BlackBerry, currently its standard corporate communications device, with the iPhone, a move that could eventually result in thousands of bankers switching to the Apple device for business communication on the go. | |
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May 17, 2010 08:20 AM ET | NEW YORK (Reuters) - Private equity firm Apollo Global Management is in talks to buy U.S. packaging maker Pactiv Corp in a leveraged deal, according to media reports. | |
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