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Inmarsat gains on hopes Dish-LightSquared deal will boost revenue
LONDON (Reuters) – Shares in satellite firm Inmarsat rose on expectations that Dish Network Corp’s bid for the spectrum assets of its U.S. partner LightSquared may lead to a resumption of payments to…
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Tagged boost, deal, DishLightSquared, gains, hopes, Inmarsat, revenue
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Ghosts of incinerator bond deal haunt Harrisburg election
(Reuters) – In Harrisburg, Pennsylvania’s cash-hungry capital city, local political battles are waged much as they are across the United States: with big personalities and bare-knuckled verbal brawls.
Switzerland close to deal in U.S. tax dispute: finance minister
ZURICH (Reuters) – Switzerland is on the brink of a deal to settle a long-running dispute with U.S. authorities over Swiss banks accused of helping wealthy Americans evade billions of dollars of tax, the finance minister said on Saturday.
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Tagged close, deal, dispute, finance, minister, Switzerland, U.S.
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Sacramento Kings owners reach deal to sell team to local investors
(Reuters) – The owners of the Sacramento Kings basketball franchise have struck a tentative deal to sell the sought-after California team to local investors after the National Basketball Association denied a proposal to move the team to Seattle, a spokesman … Continue reading
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Tagged deal, Investors, King's, local, owners, reach, Sacramento, sell, team
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Elan strikes $1 billion royalty deal with Theravance
DUBLIN (Reuters) – Elan stepped up its bid to keep its independence on Monday by agreeing a $ 1 billion deal to buy 21 percent of the royalties that U.S. company Theravance receives from GlaxoSmithKline for its respiratory drugs.
As red ink recedes, pressure fades for budget deal
After four years of trillion-dollar deficits, the red ink is receding rapidly in Washington, easing pressure on policymakers but shattering hopes for a summertime budget deal. Federal tax revenue is up and spending is down thanks to an improving economy, … Continue reading
N.Y. to sue Bank of America, Wells Fargo over alleged violations of mortgage deal
New York Attorney General Eric Schneiderman on Monday threatened to sue Bank of America and Wells Fargo for allegedly failing to help struggling homeowners under the $ 25 billion national mortgage settlement. Read full article >>
UPDATE 1-US states, regulator drop objections to $8.5 bln BofA deal
NEW YORK, May 3 (Reuters) – The New York and Delaware attorneys general and the U.S. housing regulator on Friday dropped their objections to Bank of America Corp’s proposed $ 8.5 billion settlement…
Apple wows market with record $17 billion bond deal
NEW YORK/LONDON, April 30 (IFR) – Apple Inc wowed the debt markets on Tuesday with the largest non-bank bond deal in history, offering a whopping $ 17 billion for sale as the U.S. computer giant switches strategy to placate restless … Continue reading