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  • Apple

    Apple announced a seven-tranche U.S. dollar benchmark bond to finance the repurchase of stock and dividends.

  • Pharmaceuticals

    Alexion said it would buy Synageva for $8.4 billion to gain access to its experimental early-stage treatment for a rare metabolic disease.

  • A sign for a McDonald's restaurant is seen in Times Square, New York.

    The EU's Competition Commissioner said she is examining allegations that McDonald's evaded $1.1 billion in European corporate taxes.

  • Beijing’s efforts to restructure local government debt could boost the size of China’s nascent municipal bond market by up to twenty times.

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