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HOUSTON, May 17- Independent western U.S. refiner Tesoro Corp said on Friday that it has signed a side letter agreement with California Attorney General Kamala Harris on its planned $2.4- billion purchase of BP Plc's Los Angeles- area refinery and other assets.
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HOUSTON-- Southwestern Energy has closed on the purchase of about 162,000 acres of land in Pennsylvania. The Marcellus Shale, a massive underground gas reserve stretching from New York across Pennsylvania and West Virginia to Ohio. Southwestern Energy Co., based in Houston, financed the deal with existing debt.
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HOUSTON-- Stage Stores' first-quarter loss widened as it spent to consolidate some facilities and, like other retailers, struggled to get shoppers out of the house and through their doors in some nasty spring weather.
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*BP Arco station owners told sale could happen by June 1. HOUSTON/ WASHINGTON, May 16- Independent western U.S. refiner Tesoro Corp may take ownership of BP Plc's 240,000 barrel per day refinery in Carson, California, as early as June 1, sources familiar with the transaction said on Thursday.
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HOUSTON/ MILAN, May 16- A trio of hawkish regional Federal Reserve officials are calling for the U.S. central bank to stop buying mortgage-backed bonds, citing the recent improvement in the housing market.
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HOUSTON/ MILAN, May 16- A trio of hawkish regional Federal Reserve officials are calling for the U.S. central bank to stop buying mortgage-backed bonds, citing recent improvement in the housing market.
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HOUSTON, May 16- Independent western U.S. refiner Tesoro Corp may take ownership of BP Plc's 240,000 barrel per day Carson, California, refinery, 800- station retail network and distribution and storage assets as early as June 1, said sources familiar with the transaction on Thursday.
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HOUSTON/ MILAN, May 16- A trio of hawkish regional Federal Reserve officials are calling for the U.S. central bank to stop buying mortgage-backed bonds, citing recent improvement in the housing market.
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PHOENIX-- Mining company Freeport-McMoRan Copper& Gold, which is on the process of acquiring Plains Exploration& Production Co., said Thursday that about 46 percent of that company's shareholders have elected to receive stock for their shares, while 29 percent have chosen to receive cash.
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NEW YORK, May 15- Qatar Airways' top executive said the Middle Eastern carrier wants to be a launch customer for Boeing Co's forthcoming 777 X mini-jumbo jet, and that the airline plans to open at least three new routes to the United States in the next 12 to 18 months. "
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NEW YORK, May 15- Qatar Airways' top executive said the Middle-Eastern carrier wants to be a launch customer for Boeing Co's forthcoming 777 X mini-jumbo jet, and that the airline plans to open at least three new routes to the U.S. in the next 12 to 18 months. "
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HOUSTON-- Consolidated Graphics' fourth-quarter loss narrowed, helped by a tax benefit and some lower charges. For the period ended March 31, the general commercial printing company lost $295,000, or 3 cents per share. Shares of Consolidated Graphics added $2.85, or 7.3 percent, to $42.10 in midday trading.
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WASHINGTON, May 14- Federal officials charged 89 people including doctors, nurses and other medical professionals in eight U.S. cities on Tuesday with Medicare fraud schemes that the government said totaled $223 million in false billings.
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HOUSTON-- Hi-Crush Partners will spend about $125 million to acquire D&I Silica in a cash-and-stock deal that will broaden its operations in Midwest. "We are now well-positioned to deliver our high-quality sand where, when and how our customers want it, and at the best price," Hi-Crush co-CEO Bob Rasmus said.
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NEW YORK-- Hess Corp. says it is willing to add two of Elliot Capital Management's nominees to its board after they agreed to forgo compensation from the hedge fund. But Elliot Management says the Hess move is a stunt, and it wants shareholders to hold out for bigger changes.
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*China oil demand in April at eight-month low. NEW YORK, May 13- Crude oil prices settled lower on Monday after a choppy day of trading, hit by slowing oil demand in China and data showing the biggest drop for U.S. retail gasoline sales in more than four years.
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*China oil demand in April at eight-month low. NEW YORK, May 13- Crude oil prices fell on both sides of the Atlantic on Monday, hit by slowing oil demand in China and data showing the biggest drop for U.S. retail gasoline sales in more than four years.
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May 13- The number of U.S. students enrolled in full-degree programs at universities outside the United States grew 4 percent to about 46,000 last year, according to a report by the Institute of International Education's Project Atlas. Plus, Kings College offers the only liberal arts degree, so choose wisely in the application process. "
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NEW YORK-- With days to go before Hess Corp.' s annual shareholder meeting, activist shareholder Elliot Capital Management's nominees to the energy company's board said they will forgo certain compensation that they could have received from the hedge fund if elected to the board.
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NEW ORLEANS-- Brennan's, a New Orleans restaurant that famously invented the Bananas Foster dessert six decades ago, is more recently known for a long-running family clash over ownership of the French Quarter eatery.