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Ackman Makes Roughly 1 Billion Bet On Lowes

– Billionaire investor William Ackman said on Wednesday that his hedge fund had taken a roughly $1 billion stake in Lowe’s (LOW.N), revealing his third large...

Ackman Takes Stake In Lowes Stock Price Surges

– Billionaire investor William Ackman said on Wednesday that his hedge fund had taken a roughly $1 billion stake in Lowe’s (LOW.N), boosting the U.S. home...

Ge Ceo Sees No Profit Growth At Power Unit This Year

NEW YORK – General Electric Co (GE.N) Chief Executive John Flannery said he is planning for the market for heavy duty gas power turbines to remain weak through...

At Least Nine Dead After Police Fire On Protestors Seeking Closure Of Indian Copper Smelter

NEW DELHI – At least nine died after police fired at protestors calling for closure of a Vedanta Resources-controlled copper smelter in South India, a senior...

Britons Shunned Shops To Watch Royal Wedding Says John Lewis

LONDON – Britain’s royal wedding dented sales at department store group John Lewis last week, as customers chose to watch Prince Harry and Meghan Markle get...

Sony In 23 Billion Deal For Emi Becomes Worlds Biggest Music Publisher

TOKYO – Sony Corp (6758.T) said on Tuesday it would pay about $2.3 billion to gain control of EMI, becoming the world’s largest music publisher in an...

Sony In 23 Bln Deal For Emi Becomes Worlds Biggest Music Publisher

TOKYO – Sony Corp (6758.T) said on Tuesday it would pay about $2.3 billion to gain control of EMI, becoming the world’s largest music publisher in an...

Sony To Become Worlds No1 Music Publisher With 23 Billion Emi Deal

TOKYO – Sony Corp (6758.T) said on Tuesday it would pay about $2.3 billion to gain control of EMI, becoming the world’s biggest music publisher in an...

Exclusive Bp Back On Its Feet But Ceo Senses No Respite

LONDON – After the near collapse of his company following the 2010 Gulf of Mexico disaster and a three-year slump in oil prices, BP Chief Executive Officer Bob...