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  • DETROIT, Sept 25- Kevyn Orr will end his 18- month term as Detroit's emergency manager this week, leaving a city still mired in operational and fiscal uncertainty and arguing in court for approval of its bankruptcy plan.

  • H&M eyes further expansion in US, China Thursday, 25 Sep 2014 | 5:23 AM ET

    STOCKHOLM— Fashion retailer Hennes& Mauritz AB said Thursday it plans to expand its business over the coming year by increasing online sales and opening new stores, particularly in its largest markets, the U.S. and China. H&M opened new online markets this year in France, Italy and Spain and China, which received "a very good response from customers," Persson said.

  • Why Cramer likes this $525M acquisition Wednesday, 24 Sep 2014 | 2:03 PM ET
    Jim Cramer

    "The stock is correct in going higher" in response to the deal, says CNBC's Jim Cramer.

  • Revel casino auction to continue on Tuesday Wednesday, 24 Sep 2014 | 3:30 AM ET

    ATLANTIC CITY, N.J.— A bankruptcy court auction for Revel, the failed luxury casino-hotel on the Atlantic City Boardwalk, will resume on Tuesday. The lone bid made public thus far is $90 million from Florida developer Glenn Straub, who envisions a gathering place for "geniuses" tackling a number of problems, with or without a casino.

  • Pfizer explored deal with rival Actavis: Report Wednesday, 24 Sep 2014 | 2:31 AM ET

    Pharma giant Pfizer has been in talks for a potential acquisition of its rival Actavis in recent weeks, according to the WSJ.

  • BEIJING, Sept 23- Chinese state metals trader Sinosteel Corp is not about to undergo a restructuring as a result of mounting debt, a company official said on Tuesday, denying domestic media reports.

  • Trading firm KCG announces job cuts Tuesday, 23 Sep 2014 | 4:41 PM ET

    Sept 23- Trading firm KCG Holdings Inc said it has begun cutting 4 percent of its workforce to focus on areas with potential for growth.

  • Maine's Great Northern Paper files for bankruptcy Tuesday, 23 Sep 2014 | 4:21 PM ET

    EAST MILLINOCKET, Maine— Once a giant in the paper industry, Great Northern Paper Co. LLC has filed for bankruptcy. New Hampshire- based Cate Street Capital, which owns the company, closed Great Northern's East Millinocket mill in January because of low prices for paper and high costs for wood, pulp and energy.

  • AP Top Extended Financial Headlines At 3:21 p.m. EDT Tuesday, 23 Sep 2014 | 3:21 PM ET

    Stock markets in Europe, US fall after disappointing economic data, airstrikes in Syria World Trade Organization cuts global trade growth forecasts for this year and next Administration limits on overseas mergers prompt renewed debate on corporate tax avoidance Companies pursuing overseas tax dodge stung as US attempts to curb the practice Amazon to begin collecting sales tax from Minnesota customers starting Oct. 1 GM to move Cadillac brand headquarters to New York City, create separate business unit CF Industries, Yara International in talks to create global fertilizer behemoth Companies propose $8 billion Wyoming-Utah wind energy project to supply Los Angeles area Procter& Gamble selling Iams, Eukanuba brands in Europe to Spectrum Brands Mobile ad company Millennial Media to buy Nexage for about $107.5 million in cash and stock

  • AP Top Extended Financial Headlines At 3:20 p.m. EDT Tuesday, 23 Sep 2014 | 3:20 PM ET

    Stock markets in Europe, US fall after disappointing economic data, airstrikes in Syria World Trade Organization cuts global trade growth forecasts for this year and next Administration limits on overseas mergers prompt renewed debate on corporate tax avoidance Companies pursuing overseas tax dodge stung as US attempts to curb the practice Amazon to begin collecting sales tax from Minnesota customers starting Oct. 1 GM to move Cadillac brand headquarters to New York City, create separate business unit CF Industries, Yara International in talks to create global fertilizer behemoth Companies propose $8 billion Wyoming-Utah wind energy project to supply Los Angeles area Procter& Gamble selling Iams, Eukanuba brands in Europe to Spectrum Brands Mobile ad company Millennial Media to buy Nexage for about $107.5 million in cash and stock

  • AP Top Extended Financial Headlines At 3:15 p.m. EDT Tuesday, 23 Sep 2014 | 3:15 PM ET

    Stock markets in Europe, US fall after disappointing economic data, airstrikes in Syria World Trade Organization cuts global trade growth forecasts for this year and next Administration limits on overseas mergers prompt renewed debate on corporate tax avoidance Companies pursuing overseas tax dodge stung as US attempts to curb the practice Amazon to begin collecting sales tax from Minnesota customers starting Oct. 1 GM to move Cadillac brand headquarters to New York City, create separate business unit CF Industries, Yara International in talks to create global fertilizer behemoth Companies propose $8 billion Wyoming-Utah wind energy project to supply Los Angeles area Procter& Gamble selling Iams, Eukanuba brands in Europe to Spectrum Brands Mobile ad company Millennial Media to buy Nexage for about $107.5 million in cash and stock

  • LONDON, Sept 23- Recent stirrings of long-dormant financial market volatility have come in the nick of time for an industry that has been bleeding revenue and jobs for years, even though bankers doubt the secular downsizing of the trading world can be reversed.

  • Sept 23- Procter& Gamble Co said it would sell the last of its pet food business to consumer products company Spectrum Brands Holdings Inc as it focuses on more profitable lines such as Tide detergent, Gillette razors and Pampers diapers.

  • LONDON, Sept 23- Ukraine's dollar bonds suffered a sharp selloff on Tuesday, plunging to multi-month lows as investors priced in the growing probability of debt restructuring and lower recovery rates for bondholders.

  • Tax inversion move: Bitter pill for deals to swallow Tuesday, 23 Sep 2014 | 8:46 AM ET

    The US government has been promising a crackdown on tax inversion deals for months. Yet the measures announced Monday may not be disincentive enough.

  • Sept 23- Consumer products company Spectrum Brands Holdings Inc said it would buy Procter& Gamble Co's European pet food business, which includes the Iams and Eukanuba dog and cat food brands. The financial terms of the transaction were not disclosed. P&G sold 90 percent of its pet food business to Mars Inc in April, but that excluded Europe.

  • AP Top Extended Financial Headlines At 7:52 a.m. EDT Tuesday, 23 Sep 2014 | 7:52 AM ET

    Stock markets in Europe in retreat after soft economic data, airstrikes in Syria CF Industries, Yara International in talks to create global fertilizer behemoth Philips continues break-up, now spinning off lighting arm into separate company China factory activity rises again, easing concerns about No. 2 economy's recovery New 10- euro bill introduced in eurozone with improved security features Deutsche Bank's Fitschen, former CEOs Breuer and Ackermann charged over court statements UK's Financial Conduct Authority fines Barclays record $62 million for client asset breaches Germany's Merkel presses for solution to Russia-Ukraine gas spat ahead of new round of talks Survey points to further slowdown in eurozone economic recovery German pharmaceutical company Merck to buy St Louis-based maker of chemicals for $17 billion

  • AP Top Extended Financial Headlines At 7:47 a.m. EDT Tuesday, 23 Sep 2014 | 7:47 AM ET

    CF Industries, Yara International in talks to create global fertilizer behemoth Stock markets in Europe in retreat after soft economic data, airstrikes in Syria Philips continues break-up, now spinning off lighting arm into separate company China factory activity rises again, easing concerns about No. 2 economy's recovery New 10- euro bill introduced in eurozone with improved security features Deutsche Bank's Fitschen, former CEOs Breuer and Ackermann charged over court statements UK's Financial Conduct Authority fines Barclays record $62 million for client asset breaches Germany's Merkel presses for solution to Russia-Ukraine gas spat ahead of new round of talks Survey points to further slowdown in eurozone economic recovery German pharmaceutical company Merck to buy St Louis-based maker of chemicals for $17 billion

  • AP Top Extended Financial Headlines At 7:46 a.m. EDT Tuesday, 23 Sep 2014 | 7:46 AM ET

    CF Industries, Yara International in talks to create global fertilizer behemoth Stock markets in Europe in retreat after soft economic data, airstrikes in Syria Philips continues break-up, now spinning off lighting arm into separate company China factory activity rises again, easing concerns about No. 2 economy's recovery New 10- euro bill introduced in eurozone with improved security features Deutsche Bank's Fitschen, former CEOs Breuer and Ackermann charged over court statements UK's Financial Conduct Authority fines Barclays record $62 million for client asset breaches Germany's Merkel presses for solution to Russia-Ukraine gas spat ahead of new round of talks Survey points to further slowdown in eurozone economic recovery German pharmaceutical company Merck to buy St Louis-based maker of chemicals for $17 billion

  • AP Top Extended Financial Headlines At 7:42 a.m. EDT Tuesday, 23 Sep 2014 | 7:42 AM ET

    CF Industries, Yara International in talks to create global fertilizer behemoth China factory activity rises again, easing concerns about No. 2 economy's recovery Stock markets in Europe in retreat after soft economic data, airstrikes in Syria Philips continues break-up, now spinning off lighting arm into separate company New 10- euro bill introduced in eurozone with improved security features Deutsche Bank's Fitschen, former CEOs Breuer and Ackermann charged over court statements UK's Financial Conduct Authority fines Barclays record $62 million for client asset breaches Germany's Merkel presses for solution to Russia-Ukraine gas spat ahead of new round of talks Survey points to further slowdown in eurozone economic recovery German pharmaceutical company Merck to buy St Louis-based maker of chemicals for $17 billion