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Sept 15- The London- based international law firm Freshfields Bruckhaus Deringer has hired a veteran M&A lawyer from New York- based Shearman& Sterling, according to two people familiar with the matter.
Sept 15- The California Public Employees' Retirement System, the largest U.S. pension fund, said on Monday that it will pull all $4 billion it has invested in hedge funds because it finds them too costly and complicated.
It settled 65 cents a barrel higher at $92.92 on the previous session, recovering by more than $2 a barrel after falling earlier in the session towards 16- month lows. *November Brent gained 20 cents a barrel to $98.08 after it ended 8 cents lower at $97.88.
It puts a check on the administration, prevents the introduction of combat boots on the ground, requires very close monitoring by the Congress, all along the way, "said Kentucky Republican Representative Hal Rogers, chairman of the House Appropriations Committee.
WASHINGTON— The National Labor Relations Board ruled against the CNN cable television network on Monday in an 11- year-old labor dispute, ordering the network to rehire or compensate about 300 former workers.
ALBANY, N.Y.— New York's attorney general filed a federal lawsuit Monday seeking to stop a manufacturer from discontinuing its drug widely used to treat Alzheimer's patients, arguing the company is illegally driving patients to its newer patented drug to avoid losses from cheaper generic alternatives coming out next year.
NEW YORK— Apple Inc. says 33 million iTunes account holders have accessed U2's free album. Apple gave the album to 500 million iTunes account holders last week during the company's iPhone 6 unveiling news conference. Apple paid the Irish rock band for a five-week exclusive window during which the album is only available to its customers.
NEW YORK— Some iPhone users are not happy that U2's new album, "Songs of Innocence," was automatically added to their iTunes music library, free of charge. In response, Apple has released a special tool that lets people remove the album from their collections. Apple CEO Tim Cook announced that the new album would be given to the company's 500 million iTunes users.
NEW YORK— Shares of some top chemicals companies were up at the close of trading:. Dow Chemical Co. rose$. 37 or. 7 percent, to $53.04. DuPont Co. rose$. 52 or. 8 percent, to $65.30.
Kelly Services Inc. class A fell$. 18 or 1.0 percent, to $17.03. Korn/Ferry International Inc. fell$. 37 or 1.3 percent, to $29.11. ManpowerGroup rose$. 65 or. 9 percent, to $75.35.
Brinker International Inc. rose$. 02 or percent, to $50.82. Chipotle Mexican Grill Inc. fell $8.96 or 1.3 percent, to $655.85. Darden Restaurants Inc. rose $2.36 or 5.0 percent, to $49.94.
Ford Motor Co. fell$. 12 or. 7 percent, to $16.47. General Motors Co. rose$. 36 or 1.1 percent, to $33.63. Toyota Motor Corp. rose$. 05 or percent, to $117.16.
Allergan fell$. 69 or. 4 percent, to $168.56. Baxter International Inc. fell$. 15 or. 2 percent, to $74.55. Boston Scientific Corp. fell$. 11 or. 9 percent, to $12.39.
NEW YORK— Shares of some top drug benefits companies were mixed at the close of trading:. CVSCaremark rose$. 67 or. 8 percent, to $81.24. Express Scripts Holding Co. fell$. 35 or. 5 percent, to $73.39.
Pan American Silver Corp. fell$. 10 or. 8 percent, to $12.66. Silver Standard Resources Inc. fell$. 08 or 1.1 percent, to $7.42. Silver Wheaton fell$. 19 or. 8 percent, to $22.83.
Coca-Cola Co. rose$. 04 or. 1 percent, to $41.50. Dr Pepper Snapple rose$. 64 or 1.0 percent, to $62.52. Molson Coors Brewing Co. rose $4.20 or 5.8 percent, to $76.00.
BP PLC fell$. 05 or. 1 percent, to $45.89. ConocoPhillips rose$. 95 or 1.2 percent, to $79.40. Exxon Mobil Corp. rose$. 51 or. 5 percent, to $96.29.
Comcast Corp. fell$. 06 or. 1 percent, to $57.02. Gannett fell$. 05 or. 2 percent, to $32.10. New York Times Co. fell$. 05 or. 4 percent, to $11.93.
Athens Bancshares: Approximately shares changed hands, a 99.7 decrease from its 65- day average volume. Chart Acquisition Corp.: Approximately shares changed hands, a 100.0 decrease from its 65- day average volume. Greene County Bancorp Inc.: Approximately shares changed hands, a 99.9 decrease from its 65- day average volume.
Colgate-Palmolive Co. rose$. 03 or percent, to $64.51. Kimberly-Clark Corp. rose$. 37 or. 3 percent, to $106.39. Procter& Gamble Co. rose$. 61 or. 7 percent, to $83.87.