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France's Gemalto launches cash offer for Wavecom (06 October 03:24) |
| PARIS (Reuters) - Gemalto , the world's largest provider of smart, mobile SIM and bank cards, launched an unsolicited cash offer for Wavecom , valuing the French wireless technology firm at ... |
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Health websites merger to challenge WebMD (03 October 06:27) |
| (Reuters) - Privately held online health sites Revolution Health Network and Waterfront Media agreed to merge in a deal that could challenge WebMD Health Corp's dominance in the health care ... |
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Obesity drugs gain weight as perception shifts (03 October 05:35) |
| BANGALORE (Reuters) - Obesity's new-found status as a disease is pushing many small drugmakers to develop treatments and grab a slice of a huge untapped market with enough room for several d... |
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DemandTec posts wider net loss (03 October 05:15) |
| (Reuters) - DemandTec Inc posted a wider net loss for the second quarter as its operating expenses jumped 43 percent, but excluding items the software company's earnings beat market estimat... |
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ClickSoftware sees Q3, full-year revenue above Street (02 October 08:13) |
| (Reuters) - ClickSoftware Technologies Ltd forecast third-quarter revenue above analysts' estimates and raised its full-year revenue outlook, sending its shares up more than 19 percent.
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Entrepreneurs Move Into Pet Info Space (02 October 07:48) |
| CHICAGO (Reuters.com) - Consumer spending may be slowing down but people are still indulging their pets and businesses are moving in to fill the fast-growing niche.
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Sonic says franchisees have financing available (01 October 11:54) |
| LOS ANGELES (Reuters) - Sonic Corp , responding to news reports about the impact of tighter credit markets on its franchisees, said on Wednesday it has not been informed of any cut-back in f... |
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Solar shares jump on U.S. tax credit proposal (01 October 11:14) |
| NEW YORK (Reuters) - Shares of solar power companies rose sharply on Wednesday following reports that U.S. Senate leaders planned to attach legislation extending tax credits for renewable en... |
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Irwin Financial to raise $50 million in capital (01 October 07:16) |
| (Reuters) - Irwin Financial Corp said it will raise $50 million in capital through a stock offering as the bank holding company struggles to maintain regulatory capital requirements and add... |
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Commentary: Obama's Web ads -- change is yet to come (01 October 06:53) |
| -- Guest commentary from Kate Kaye, senior editor at Incisive Media's ClickZ News, www.clickz.com, a website specializing in Internet marketing. The opinions expressed here are her own. --
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Conexant raises earnings view, shares up (30 September 10:20) |
| (Reuters) - Communications and network chipmaker Conexant Systems Inc raised its fourth-quarter earnings outlook on better gross margin expectations and lower operating expenses, sending it... |
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Allied tumbles after Ciena unit files for bankruptcy (30 September 10:18) |
| BANGALORE (Reuters) - Allied Capital Corp said its Ciena Capital LLC unit filed for bankruptcy protection as the credit crisis led to a significant decline in the value of its assets, sendi... |
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RC2 ends deal to buy children's publishing unit (30 September 10:16) |
| BANGALORE (Reuters) - U.S. toy company RC2 Corp terminated its $163 million purchase agreement for the Children's Publishing Division of privately held Publications International Ltd, citin... |
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Baird upgrades Emerson Electric, Baldor Electric (30 September 02:33) |
| (Reuters) - Robert W. Baird upgraded Emerson Electric Co and Baldor Electric Co to "outperform" from "neutral," saying there was limited downside risk to the companies' shares at their cur... |
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Crisis of confidence hits regional bank shares (30 September 12:41) |
| NEW YORK (Reuters) - Shares of regional banks sank on Monday, with Sovereign Bancorp and National City Corp down 60 percent, as investors feared the sector would be steamrolled by the deep... |
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Foot Locker to buy Delias' CCS (29 September 10:02) |
| NEW YORK (Reuters) - Athletic shoe and clothing chain Foot Locker Inc said on Monday it plans to buy Delias Inc's CCS business for $102 million, as it seeks to boost its appeal with teenag... |
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Littelfuse cuts outlook on weak auto sales (29 September 09:05) |
| (Reuters) - Littelfuse Inc , a maker of circuit protection products, cut its outlook for the third quarter and said it sees full-year earnings below its previous projections, citing weak aut... |
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TARP to benefit regional banks more: JP Morgan (29 September 07:12) |
| (Reuters) - The U.S. authorities' $700 billion trouble asset relief program will benefit regional banks more than the initial proposal, said J.P. Morgan Securities, but recommended investors... |
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Economy worsening, small business survey says (29 September 02:55) |
| CHICAGO (Reuters) - Three out of four owners of small businesses say the U.S. economy is getting worse, that it is harder to get loans and that the economic environment had reduced the amoun... |
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Boston Private affiliate to sell portfolio, take charge (26 September 05:36) |
| (Reuters) - Boston Private Financial Holdings Inc said it plans to sell substantially all land and construction loans at its Southern California private banking affiliate to reduce its risk... |
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NBC says local TV profoundly affected by downturn (26 September 05:29) |
| LONDON (Reuters) - The U.S. economic downturn has had a severe effect on broadcaster NBC's local television stations but the company has not yet seen an advertising slowdown at a national le... |
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Market turmoil hits small miners, rivals circle (26 September 03:37) |
| LONDON (Reuters) - The latest turmoil on financial markets is hitting hard many small mining firms as their share prices slide and funds dry up while bigger rivals with cash are shopping aro... |
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Smart Modular posts Q4 loss (26 September 02:48) |
| (Reuters) - Chipmaker Smart Modular Technologies Inc posted a loss for the fourth quarter, hurt by prolonged weakness in Dynamic Random Access Memory market and higher expenses, and forecas... |
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Tibco Software Q3 profit beats Street (26 September 02:47) |
| (Reuters) - Tibco Software Inc , whose software helps computer systems communicate with each other, reported a quarterly profit that beat market expectations, helped by a 28 percent increase... |
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U.S. Chamber: Businesses find it pricier to borrow (25 September 10:49) |
| WASHINGTON (Reuters) - Small and mid-sized businesses in the United States are starting to find it more expensive to finance their everyday expenses, the U.S. Chamber of Commerce said on Thu... |
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Medtronic to buy CryoCath for $380 million (25 September 08:53) |
| CHICAGO (Reuters) - Medtronic Inc said on Thursday it agreed to buy Canada's CryoCath Technologies Inc for about $380 million (C$400 million) in a bid to strengthen its position in the gro... |
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Winds of change buffet small U.S. investment banks (25 September 07:50) |
| NEW YORK (Reuters) - Trading businesses, once considered a tremendous asset for Wall Street firms, are now seen as a potential liability, and could force small investment banks to put themse... |
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Fortress Investment scraps dividend to save capital (25 September 07:22) |
| NEW YORK (Reuters) - Fortress Investment Group LLC , one of the few publicly traded U.S. alternative asset managers, said on Thursday it will not pay a third-quarter dividend, citing a need ... |
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Failed biotechs tout cash to attract buyers (25 September 06:45) |
| BOSTON (Reuters) - Small biotechnology companies with cash but failed or floundering products are in hot demand as partners for companies that are unable to raise money in the capital market... |
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Canon grabs U.S. distributor to counter Ikon deal (25 September 05:09) |
| TOKYO (Reuters) - Japan's Canon Inc acquired a small U.S. office equipment distributor and may snap up more to protect its market position after key distributor Ikon Office Solutions was s... |
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H.B. Fuller Q3 profit meets revised Wall Street view (24 September 02:49) |
| (Reuters) - U.S. specialty chemical maker H.B. Fuller Co posted a third-quarter profit that met analysts' revised estimates, after the company's preliminary earnings report warned of lower ... |
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Worthington Industries Q1 profit beats Street (24 September 02:49) |
| (Reuters) - Metals processor Worthington Industries Inc posted quarterly profit that more than tripled topping analysts' expectations, helped by strong sales at its metal framing and steel ... |
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Bailout a "modest positive" for mid-cap banks: Bernstein (23 September 08:27) |
| (Reuters) - The proposed $700 billion Wall Street bailout will likely be a "modest positive" for the mid-cap banks, brokerage Sanford C. Bernstein said.
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Gap to buy activewear brand Athleta (23 September 09:47) |
| SAN FRANCISCO (Reuters) - Gap Inc will buy Athleta Inc, the women's sports apparel brand, for $150 million in cash to capture a larger part of the growing women's activewear market in the U... |
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Car-rental firms on overdrive to stave off crisis (23 September 09:37) |
| BANGALORE (Reuters) - As falling travel rates and rising fuel prices wallop the U.S. car-rental industry, companies such as Hertz Global , Avis Budget and Dollar Thrifty Automotive are pul... |
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Shuffle Master bets on leasing, reworked products (23 September 09:34) |
| BANGALORE (Reuters) - Casino-game maker Shuffle Master Inc expects revenue from its lease business to grow 15 percent to 20 percent in the near term as it steps up efforts to lease more pro... |
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Regis sees little impact from U.S. woes (23 September 09:32) |
| BANGALORE (Reuters) - Beauty salon operator Regis Corp plans to boost its presence in North America and tap the fast-growing upscale men's haircare market with its newly launched Raze salon... |
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Nokia says eyes more Internet buys (23 September 09:30) |
| HELSINKI (Reuters) - Nokia's Internet offering is still a work in progress and the world's top cellphone maker is seeking further acquisitions to speed up the roll out of new services, Nikl... |
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Popular to buy R-G's mortgage servicing rights (18 September 07:41) |
| BANGALORE (Reuters) - Popular Inc said its Puerto Rican banking unit Banco Popular agreed to buy the third-party mortgage servicing rights from R-G Mortgage Corp, a unit of R-G Financial, f... |
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Actuant to buy cable-maker Cortland $230 million (18 September 02:53) |
| Sept 17 - Diversified industrial manufacturer Actuant Corp said it agreed to buy New York-based cable-maker Cortland Cos for about $230 million from a group of investors led by private-equi... |
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Sapphire raises over $100 mln for algae crude (17 September 09:58) |
| NEW YORK (Reuters) - Private company Sapphire Energy, which aims to squeeze "green" crude oil from blooms of one of the planet's oldest life forms, said on Wednesday it has raised over $100 ... |
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Linens 'n Things could sell itself: report (17 September 03:04) |
| (Reuters) - Home furnishings retailer Linens 'n Things may take liquidation bids as soon as mid-October after missing a recent chance to sell itself, the New York Post said on Wednesday, cit... |
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TerreStar sells interest in SkyTerra for $123 million (17 September 07:52) |
| (Reuters) - Wireless communications group TerreStar Corp said it sold its remaining interest in SkyTerra Communications Inc for $123 million in a series of deals.
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Eagle Rock to buy Millennium Midstream for $236 million (17 September 07:51) |
| (Reuters) - Natural gas company Eagle Rock Energy Partners LP said it will acquire Millennium Midstream Partners LP in a deal valued at $236 million to expand its presence in the East and W... |
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Organic meets fast food in latest green trend (16 September 02:29) |
| CHICAGO (Reuters.com) - Professional snowboarder Tim Gargiulo is about as all-American as you can get - he's entrepreneurial, prone to overworking, and passionate about fast food, especially... |
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Buyers ignore credit crunch at London Fashion Week (15 September 10:50) |
| LONDON (Reuters) - Turmoil on the financial markets hasn't made small buyers timid at London Fashion Week.
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Lehman's worries spill over to nearby businesses (14 September 09:34) |
| NEW YORK (Reuters) - Pizza sales are not the same any more for Tony Genovese.
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PharmaNet shares plunge on 2008 loss forecast (13 September 12:13) |
| (Reuters) - Shares of PharmaNet Development Group Inc slumped 61 percent to a five-year low on Friday, a day after the drug-development services provider cut its 2008 outlook for the second... |
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City National, two others see GSE-related charges (12 September 10:16) |
| BANGALORE (Reuters) - California lender City National Corp and smaller banks like LSB Corp and Gateway Financial Holdings Inc joined a host of U.S. banks which may incur impairment charge... |
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Alesco to not pay third-quarter cash dividend (12 September 06:34) |
| (Reuters) - Alesco Financial Inc , a real estate investment trust, said it suspended its cash dividend for the third quarter, and that it bought back more than 56 percent of its convertible ... |
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