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Finance Stories

Never mind Greece, Europe will beat the U.S.: Strategist

Uncertainty about Greece has shaken European markets. However, they are still well ahead of the U.S. this year. And one strategist sees now as a time to jump into European stocks. The past month has been a rollercoaster ride for … Continue reading

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Aetna to buy Humana for $37 billion in largest insurance deal

By Greg Roumeliotis (Reuters) – Health insurer Aetna Inc (AET.N) said it would buy smaller rival Humana Inc (HUM.N) for about $37 billion in cash and stock, in the largest ever deal in the insurance industry. The combination will push … Continue reading

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Aetna to buy Humana for $37 billion in largest insurance deal

By Greg Roumeliotis (Reuters) – Health insurer Aetna Inc (AET.N) said it would buy smaller rival Humana Inc (HUM.N) for about $37 billion in cash and stock, in the largest ever deal in the insurance industry. The combination will push … Continue reading

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Aetna to buy Humana for $37 billion in largest insurance deal

By Greg Roumeliotis (Reuters) – Health insurer Aetna Inc (AET.N) said it would buy smaller rival Humana Inc (HUM.N) for about $37 billion in cash and stock, in the largest ever deal in the insurance industry. The combination will push … Continue reading

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Regulatory rebuffs could force GE to seek other deals, more buybacks

By Lewis Krauskopf (Reuters) – U.S. and European regulatory resistance could force General Electric Co (GE.N) to seek another buyer for its appliances business and different paths to expand its industrial operations in an ongoing strategic overhaul. Chief Executive Jeff … Continue reading

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Airlines’ undisciplined talk may have led to antitrust probe: experts

By Diane Bartz WASHINGTON (Reuters) – Frequent assurances by U.S. airline executives that they would maintain “discipline” when adding seats on competitive routes were a red flag for antitrust regulators on alert for collusion between the four largest air carriers, … Continue reading

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Wall St. edged down on Greece worries, tepid U.S. data

By Sinead Carew (Reuters) – U.S. stocks closed down slightly on Thursday after the International Monetary Fund warned Greece ahead of its Sunday referendum that it faces a huge financial hole, and mixed jobs data dampened the U.S. economic outlook. … Continue reading

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IMF warns of huge financial hole as Greek vote looms

By Renee Maltezou and David Chance ATHENS/WASHINGTON (Reuters) – The International Monetary Fund delivered a stark warning on Thursday of the huge financial hole facing Greece as angry and uncertain voters prepare for a referendum that could decide their country’s … Continue reading

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Strong truck, SUV demand helped Ford, GM raise prices in June

By Bernie Woodall DETROIT (Reuters) – Strong demand for sport utility vehicles and trucks in June helped General Motors Co (GM.N) and Ford Motor Co (F.N) offset slowing demand for sedans by allowing them to raise prices on their trucks. … Continue reading

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PayPal to buy digital money transfer provider Xoom

By Mari Saito SAN FRANCISCO (Reuters) – PayPal Inc said it would buy digital money transfer provider Xoom Corp (XOOM.O) for $890 million as it muscles into a growing international remittance market and expand in countries like Mexico, India and … Continue reading

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