Bunge to buy Corn Products for $4.4 billion
June 23, 2008 05:46 AM ET
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NEW YORK (Reuters) - U.S. fertilizer producer and oilseed processor
Bunge Ltd has agreed to buy Corn Products International Inc
for $4.4 billion in stock, Bunge said on Monday.
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Google has best reputation in U.S., airlines fall: survey
June 23, 2008 01:20 AM ET
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BOSTON (Reuters) - Google Inc's famous employee perks -- from
providing "nap pods" for a quick break during the day to allowing
engineers to spend 20 percent of their work time on side projects
that may spark new ideas -- have given the Internet leader the
best reputation in corporate America, according to a study released on Monday.
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Futures up on Bunge deal, bargain-hunting
June 23, 2008 07:49 AM ET
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NEW YORK (Reuters) - U.S. stock futures rose on Monday as investors
looked set to snap up beaten-down shares after Friday's sell-off,
encouraged by news of a $4.4 billion takeover in the agricultural
sector.
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Walgreen quarterly profit rises
June 23, 2008 08:29 AM ET
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CHICAGO (Reuters) - Walgreen Co on Monday posted a 2 percent
increase in quarterly profit, helped by efforts to control costs
as the pace of prescription drug sales has slowed.
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Republic to merge with Allied Waste
June 23, 2008 06:56 AM ET
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NEW YORK (Reuters) - Republic Services Inc said on Monday it
plans to merge with Allied Waste Industries Inc creating a
$12 billion waste and environmental services company.
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Citigroup to cut 10 percent of investment bank unit: report
June 23, 2008 12:39 AM ET
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NEW YORK (Reuters) - Citigroup Inc is set to slash about 6,500
jobs in its investment banking division, the Wall Street Journal
said on its website on Sunday.
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Altria stubs out Marlboro Ultra Smooth: report
June 23, 2008 01:21 AM ET
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NEW YORK (Reuters) - Altria Group Inc's Philip Morris USA has
cancelled its Marlboro Ultra Smooth cigarettes, highlighting
challenges it faces in trying to grow its tobacco business despite
a decline in U.S. cigarette sales, The Wall Street Journal reported
on Monday.
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BofA sees $3.5 billion writedown at Merrill, $7 billion at UBS
June 23, 2008 08:36 AM ET
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(Reuters) - Banc of America Securities expects Merrill Lynch
& Co Inc and UBS AG to write down $3.5 billion and $7
billion respectively in the second quarter and forecast a quarterly
loss for the investment banks.
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Housing rebound to be prolonged: Harvard study
June 23, 2008 07:15 AM ET
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NEW YORK (Reuters) - Record foreclosures and limited access to
credit will make it harder than usual to rebound from this U.S.
housing market slump, the worst at least since World War Two,
according to a Harvard University study on Monday.
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Costco plans Australia foray to challenge duopoly
June 23, 2008 03:32 AM ET
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MELBOURNE (Reuters) - Costco Wholesale Corp has gained its first
foothold in the Australian market in a bid to shake up a dominant
supermarket duopoly.
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