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  • Dynegy to spend $6.25B on power plant acquisitions Friday, 22 Aug 2014 | 7:58 AM ET

    Dynegy plans to spend more than $6 billion to buy several coal and gas power generation plants from Duke Energy and Energy Capital Partners. The deal will add about 12,500 megawatts of coal and gas generation and expand Dynegy's retail business into Ohio, Pennsylvania and Michigan.

  • ATLANTA, Aug 21- Appearing thin but smiling, a Texas doctor who weeks ago entered an Atlanta hospital in a full-body biohazard suit to be treated for Ebola said on Thursday he was "thrilled to be alive" as doctors declared him virus-free and safe for release.

  • NEW YORK, Aug 21- Bank of America's decision to pay $16.7 billion to settle charges stemming from the sale of mortgage-backed securities may finally allow the company to put last decade's housing bubble behind it, fund managers and analysts say.

  • NEW YORK, Aug 21- Bank of America's decision to pay $16.7 billion to settle charges stemming from the sale of mortgage-backed securities may finally allow the company to put last decade's housing bubble behind it, fund managers and analysts say.

  • Cato posts 2Q profit Thursday, 21 Aug 2014 | 11:46 AM ET

    CHARLOTTE, N.C.— Cato Corp. on Thursday reported fiscal second-quarter profit of $15.7 million, or 56 cents per share. The company, based in Charlotte, North Carolina, posted revenue of $246.5 million in the period. This story was generated automatically by Automated Insights using data from Zacks Investment Research.

  • WASHINGTON, Aug 21- Bank of America Corp has reached a $16.65 billion settlement with U.S. regulators to settle charges that it misled investors into buying troubled mortgage-backed securities. Bank of America said the accord is expected to reduce third-quarter earnings by about $5.3 billion before taxes, or about 43 cents per share after taxes.

  • Bank of America settles mortgage probes for $16.65 bln Thursday, 21 Aug 2014 | 9:15 AM ET

    Aug 21- Bank of America Corp has reached a $16.65 billion settlement with U.S. regulators to settle charges that it misled investors into buying troubled mortgage-backed securities.

  • Feds say oil spill sheen dissipating in Ohio River Wednesday, 20 Aug 2014 | 10:50 AM ET

    Officials with the U.S. Environmental Protection Agency are coordinating the response to the spill, which occurred at a Duke Energy power plant near Cincinnati late Monday. About 1,000 gallons of oil and contaminated water had been recovered as of Wednesday, the EPA said.

  • Dollar General enters bidding for Family Dollar Monday, 18 Aug 2014 | 6:22 AM ET

    Dollar General, the nation's largest dollar-store chain, started a bidding war on Monday when it offered approximately $8.95 billion for rival Family Dollar. It was an attempt to trump Dollar Tree, which agreed to acquire Family Dollar for $8.5 billion made last month.

  • Chiquita rejects new $611M takeover bid Thursday, 14 Aug 2014 | 5:05 PM ET

    Banana distributor Chiquita Brands says it is rejecting the $611 million buyout offer from investment firm Safra Group and the Brazilian agribusiness and juice company Cutrale Group. Instead, it will focus on a combination with Fyffes of Ireland.

  • FairPoint evaluates 2 unions' contract proposal Thursday, 14 Aug 2014 | 2:57 PM ET

    PORTLAND, Maine— FairPoint Communications said Thursday it had received a contract proposal from two unions representing more than 1,700 workers in Maine, New Hampshire and Vermont and had asked for time to evaluate it.

  • Chiquita gets buyout offer from Safra, Cutrale Monday, 11 Aug 2014 | 1:03 PM ET

    NEW YORK— Chiquita Brands has received a buyout offer worth about $611 million from investment firm Safra Group and the Brazilian agribusiness and juice company Cutrale Group. The unsolicited bid disclosed Monday comes as Chiquita and Fyffes of Ireland were working on their own transaction.

  • NEW YORK, July 30- A federal judge on Wednesday ordered Bank of America Corp to pay a $1.27 billion penalty for fraud over shoddy mortgages sold by the former Countrywide Financial Corp..

  • NEW YORK, July 30- A federal judge on Wednesday ordered Bank of America Corp to pay $1.27 billion of damages after a federal jury found the second-largest U.S. bank liable for fraud over defective mortgages sold by its Countrywide unit.

  • *Nonfarm payrolls forecast rising 233,000 in July. WASHINGTON, July 29- U.S employment growth likely retained enough momentum in July to help buoy the economy for the rest of the year. The recovery is on solid ground and we are expecting the data to show that in the month of July, "said Chris Rupkey, chief financial economist at Bank of Tokyo-Mitsubishi UFJ in New York.

  • NEW YORK, July 29- When Harvey Montijo first moved in with his wife Natalie, he remembers exactly how long it took to get into a tiff about household temperature. "Right from the get-go," remembers the 31- year-old orthopedic resident in Charlotte, North Carolina.

  • WASHINGTON, July 25- A mixed reading on the health of U.S. business investment on Friday suggested the economy may not have rebounded as strongly in the second quarter as previously believed, but it offered hope for the rest of 2014..

  • By a 2-1 vote, a panel of the 11th U.S. Circuit Court of Appeals in Miami said on Thursday that U.S. courts lack power to review the claims because all relevant conduct took place outside the country and Chiquita's mere presence in the United States did not confer jurisdiction.

  • WASHINGTON, July 24- The number of Americans filing new claims for unemployment benefits fell to the lowest level in nearly 8-1/ 2 years last week, suggesting the labor market recovery was gaining traction. "The economy is doing better," said Ryan Sweet, a senior economist at Moody's Analytics in West Chester, Pennsylvania.

  • *Weekly jobless claims fall 19,000. WASHINGTON, July 24- The number of Americans filing new claims for unemployment benefits fell to the lowest level in nearly 8-1/ 2 years last week, suggesting the labor market recovery was gaining traction.