Jobless Claims Get Better, but Remain at High Level
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China Construction America has been investing in the US for 28 years. CCA's CEO says they still have to overcome distrust as it is majority-owned by the Chinese government.
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China Construction America has been investing in the US for 28 years. CCA's CEO says they still have to overcome distrust as it is majority-owned by the Chinese government.
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Chinese IVC's bought the vitamin for $63.4 million in 2010. IVC products are in Walmart, Walgreens and RiteAid, but the goal is much bigger: selling to the Chinese consumer.
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Despite all the negative headlines, Chinese investment in the US hit an all-time record in 2012: $6.5 billion. It will likely surpass that level in 2013.
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*Group wants to move tax residence to UK from Italy. MILAN, May 21- Truck and tractor maker Fiat Industrial intends to move its tax residence to the UK from Italy after its planned merger with unit CNH, according to a filing with U.S. regulators, a move that would lower its tax bill.
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Sprint Nextel said its Japanese suitor SoftBank granted it a waiver allowing it to consider a $25.5 billion rival bid by Dish Network, as pressure mounts on SoftBank to sweeten its offer for the No. 3 U.S. wireless carrier.
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SAN FRANCISCO, May 20- Two of the nation's biggest online food delivery businesses said they are merging in a deal that they hope will drive more orders, in more cities, through their platforms. Think restaurant reservations, where OpenTable dominates, or car services, where privately held startups such as Uber are making significant inroads.
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Actavis received and rejected a takeover offer from Mylan last week that valued the generic drugmaker at more than $15 billion, a person familiar with the situation said.
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The special committee of Dell board of directors is seeking more details on Carl Icahn's proposed offer for the computer maker.
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*CR Power sinks on merger news as trading resumes. HONG KONG, May 10- Hong Kong shares finished their best week since the start of the year at a near three-month high on Friday, led by cyclicals as investors stretched a rebound from April lows despite patchy Chinese economic data.
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MILAN, May 8- Telecom Italia delayed a decision on Wednesday on whether to seek a merger deal with Hutchison Whampoa, buying more time to win over its divided shareholders.
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James Woolery, Cadwalader Wickersham & Taft, discusses the impact of investor activism on public companies.
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James Woolery, Cadwalader Wickersham & Taft, provides an insider's look at the some of the biggest mergers and acquisitions on Wall Street.
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*Telecom Italia board meets on May 8. MILAN, May 7- Telecom Italia's board is likely to put off making a decision this week on whether to open formal merger talks with Hutchison Whampoa, as key shareholders are divided on the issue, sources with knowledge of the situation said.
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**Germany's Hochtief AG has agreed to the 1.1 billion euros sale of its airports division, ending a lengthy quest for a buyer and giving fresh impetus to a strategy rethink led by its CEO appointed just six months ago.
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May 7- SFG Australia Ltd:. *Says provided the whk board with a non-binding indicative merger proposal. *Says proposal contemplated a friendly scrip based merger, with shared board.
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LONDON, May 07 Fitch Ratings has affirmed Banca Antonveneta's Long-term Issuer Default Rating at' BBB' with Negative Outlook, Short-term IDR at' F3' and Support Rating at' 2'. The withdrawal follows the merger of Antonveneta into its parent Banca Monte dei Paschi di Siena.
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BRIEF-Crest Financial names John Quinn to lead trial, mails proxies to block Sprint-Clearwire merger
May 6- Crest Financial Ltd:. *Crest Financial names John Quinn to lead trial, mails proxies to block. sprint- Clearwire merger* Source text for Eikon* Further company coverage.
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May 6- Crestwood Midstream Partners LP and Inergy Midstream LP agreed to merge in a cash and stock deal to tap demand for pipeline and storage services in North America's fast-developing shale fields.
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BRUSSELS, May 6- The following are mergers under review by the European Commission and a brief guide to the EU merger process:. --RAG trust and buyout firm CVC Capital Partners to sell part of their shares in German chemicals company Evonik Industries.
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VIENNA, May 6- T-Mobile Austria claimed partial victory on Monday in its legal battle against the allocation of radio frequencies resulting from rival Hutchison Whampoa's. The Deutsche Telekom unit said in a blog entry on its website that an administrative court in Vienna had referred the case to the European Court of Justice.