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  • ALEXANDRIA, Virginia, Dec 23- The U.S. Air Force had great expectations for the Expeditionary Combat Support System when it launched the project in 2005. This accountants' silver bullet, the Air Force predicted a year later, "will fundamentally revolutionize the way the Air Force provides logistics support."

  • CME GROUP SAYS TRADES IN MARCH 2013 ULTRALONG BOND FUTURES ABOVE 140-17/32 WILL BE ADJUSTED TO THAT LEVEL AFTER EARLIER SPIKE.

  • CME GROUP SAYS TRADES IN MARCH 2014 30- YEAR BOND FUTURES ABOVE 131-12/32 WILL BE ADJUSTED TO THAT LEVEL AFTER SPIKE IN OVERNIGHT TRADE.

  • WASHINGTON, Dec 23- U.S. consumer spending posted its largest increase in five months in November, the latest suggestion of sustained strength in the economy as the year winds down. The Commerce Department said on Monday consumer spending rose 0.5 percent after advancing by a revised 0.4 percent in October.

  • Italy PM Letta pledges reform pact in January Monday, 23 Dec 2013 | 8:43 AM ET

    ROME, Dec 23- Prime Minister Enrico Letta promised on Monday to include a swift reform of Italy's widely criticised electoral law and cuts to bureaucracy and taxes in a new coalition pact to be worked out in January.

  • *Apple up in premarket after iPhone deal with China Mobile. NEW YORK, Dec 23- U.S. stock index futures pointed to a higher open on Monday, indicating that last week's rally would continue, with Apple Inc surging on a distribution deal with China Mobile.

  • Dec 23- Natural gas pipeline operator Regency Energy Partners said it would buy pipeline and related assets from Eagle Rock Energy Partners and Hoover Energy Partners for about $1.6 billion. Regency's $290 million deal with Hoover Energy will help the company expand its footprint in the southern portion of the Delaware basin in West Texas.

  • Seagate to buy Xyratex for $374 mln Monday, 23 Dec 2013 | 8:39 AM ET

    Dec 23- Hard-disk drive maker Seagate Technology Plc said it would buy network and storage equipment maker Xyratex Ltd for about $374 million in cash.

  • Dec 23- Natural gas pipeline operator Regency Energy Partners said it would buy pipeline and related assets from Eagle Rock Energy Partners and Hoover Energy Partners for about $1.6 billion. Regency's $290 million deal with Hoover Energy will help the company expand its footprint in the southern portion of the Delaware basin in West Texas.

  • Jos. A. Bank rejects Men's Wearhouse proposal Monday, 23 Dec 2013 | 8:34 AM ET

    Dec 23- Men's suit retailer Jos. A. Bank Clothiers Inc said its board has unanimously rejected the $1.5 billion bid by Men's Wearhouse Inc.. Men's Wearhouse offered to buy Jos. A. Bank in November, after rejecting a takeover offer from the smaller rival.

  • U.S. consumer spending brightens economic outlook Monday, 23 Dec 2013 | 8:30 AM ET

    WASHINGTON, Dec 23- U.S. consumer spending posted its largest increase in five months in November, the latest suggestion of sustained strength in the economy as the year winds down. The Commerce Department said on Monday consumer spending rose 0.5 percent after advancing by a revised 0.4 percent in October.

  • Dec 23- Pipeline operator Kinder Morgan Energy Partners LP said it would buy two tanker companies from affiliates of Blackstone Group and Cerberus Capital Management for $962 million to expand its crude and refined products transportation business. Kinder Morgan will invest about $214 million to complete their construction, the company said.

  • RIYADH, Dec 23- Saudi Arabia released a state budget on Monday that projects a modest 4.3 percent rise in spending next year, suggesting the kingdom is starting to slow expenditure growth after three years of huge increases. Saudi Arabia escaped major unrest but boosted welfare spending sharply to buy social peace.

  • CALGARY/ VANCOUVER, Dec 23- Canada's push to build its first major conduit for shipping oil to Asia took a step forward last week, but the government's fractious relations with the country's aboriginal First Nations still loom as a formidable obstacle to the project.

  • SAN FRANCISCO, Dec 23- From Daffy to Donald, the animation studios of Southern California have long portrayed ducks as just for laughs, but a graphical incarnation of the bird making the rounds in the state's power sector is being taken very seriously indeed.

  • US STOCKS-Futures rise, Apple deal boosts Nasdaq Monday, 23 Dec 2013 | 7:38 AM ET

    *Apple up in premarket after iPhone deal with China Mobile. NEW YORK, Dec 23- U.S. stock index futures rose on Monday, indicating that a recent rally on Wall Street would continue, with Apple Inc surging on a distribution deal with China Mobile.

  • ELMHURST, N.Y., Dec 23- U.S. consumers shopped less on the final weekend before Christmas despite deeper discounts, the latest sign of how difficult a season this is turning out to be for retailers. "We expect the next two weeks to pick up a lot of the slack," Topeka Capital Markets analyst Dorothy Lakner wrote in a note.

  • Tesaro nausea drug effective in late-stage trials Monday, 23 Dec 2013 | 7:22 AM ET

    Dec 23- Tesaro Inc said its experimental drug for treating chemotherapy-induced nausea and vomiting was found effective in two late-stage studies. The trials tested the drug, rolapitant, in cancer patients receiving chemotherapy that can induce vomiting.

  • LONDON, Dec 23- Italian bonds fell on Monday after Italian consumer morale dropped more sharply than expected in December and as the country faces its last auction of the year next week. "In a thin market, the data might be enough to take bond prices lower," Lyn Graham-Taylor, fixed income strategist at Rabobank said.

  • With AOL's backing- it has injected tens of millions of dollars into the website- The Huffington Post has been able to do much more than give out cardigans every year.

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