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  • June 2- Canadian trucking company TransForce Inc said it would buy truckload transport and logistics company Transport America Inc for $310 million, including debt, from private equity firm Goldner Hawn Johnson& Morrison Inc..

  • BRUSSELS/ OTTAWA, June 2- Canada and the European Union are struggling to finalize a multi-billion dollar trade pact six months after political leaders said it was sealed, an embarrassment for Brussels as it seeks a far bigger deal with the United States.

  • German inflation at lowest level in 4 years Monday, 2 Jun 2014 | 8:01 AM ET

    BERLIN, June 2- German annual inflation slowed to its weakest rate in nearly four years in May as the cost of energy fell, preliminary data released by the Federal Statistics Office showed on Monday. Consumer prices rose by 0.9 percent compared to the prior year period, the lowest level since June 2010.

  • June 2- Activist investor Starboard Value LP reported a 5.6 percent stake in MeadWestvaco Corp and said the packaging materials maker's stock was "deeply undervalued."

  • NEW YORK, June 2- For many single or childless individuals, the question of how to distribute their worldly wealth after they die is wide-open and complicated.

  • UPDATE 1-FDA approves Omeros eye drug, shares rise Monday, 2 Jun 2014 | 7:57 AM ET

    June 2- Omeros Corp said the U.S. Food and Drug Administration had approved its drug for use in cataract and lens replacement surgeries, making it the company's first drug to be approved by the regulator. Omeros, whose shares were up 10 percent in premarket trading, said it plans to launch the drug, Omidria, later this year in the United States.

  • Miners bolster European shares after Chinese data Monday, 2 Jun 2014 | 7:40 AM ET

    *Strong PMIs help Spain but weakness returns to France. LONDON, June 2- European shares started the month positively on Monday, buoyed by strong economic data from China that helped to allay concerns about growth rates there. "I would say at this level it is a trading buy," Paul Kavanagh, partner at Killik& Co., said.

  • Insurer Endurance raises takeover offer for Aspen Monday, 2 Jun 2014 | 7:36 AM ET

    June 2- Insurer Endurance Specialty Holdings increased its offer for Aspen Insurance Holdings by $2.00 to $49.50 per share after its initial bid was rejected.

  • CHICAGO, June 2- A new type of personalized cancer therapy in which immune cells are harvested from patients' tumors, grown in the lab and infused back into patients showed dramatic results in a small, government-led trial in women with advanced cervical cancer, U.S. researchers said on Monday.

  • June 2- Alexion Pharmaceuticals Inc said it is voluntarily recalling certain lots of Soliris, an intravenous drug for two potentially fatal blood disorders that can damage the kidneys, heart and brain. The company said the recall was related to its earlier manufacturing process, which had prompted a similar recall in November.

  • June 2- Chipmaker Broadcom Corp said it was looking to sell or wind-down of its cellular baseband business. The company said on Monday that a sale or wind-down of the business would likely save $700 million annually. Baseband chips are used in mobile devices to process wireless communication.

  • LONDON, June 2- The euro fell against the dollar on Monday, as subdued inflation readings in Germany and slower-than-expected manufacturing growth in the euro zone piled pressure on the European Central Bank to aggressively ease monetary policy this week.

  • *Marathon fails to sell smaller UK business. OSLO, June 2- Marathon Oil Corp is to sell its Norwegian business for $2.1 billion to oil exploration group Det norske, part of plans to shed assets in Norway and Britain to free up cash for the U.S. firm's shale activities in the United States.

  • FDA approves Omeros eye drug Monday, 2 Jun 2014 | 7:15 AM ET

    June 2- Omeros Corp said the U.S. Food and Drug Administration approved its drug for use in cataract and lens replacement surgeries.

  • June 2- Canadian trucking company TransForce Inc said it would buy truckload transport and logistics company Transport America for $310 million, including debt, from private equity firm Goldner Hawn Johnson& Morrison Inc..

  • BANGKOK, June 2- Thailand's military government expects that backlogged applications from local and foreign investors to invest more than $21 billion will be acted on within two months, the junta's head of economic matters said on Monday.

  • Ventas to buy ARC Healthcare in $2.6 bln deal Monday, 2 Jun 2014 | 7:05 AM ET

    June 2- American Realty Capital Healthcare Trust Inc, a real estate investment trust focused on acquiring medical office buildings, said it would sell itself to rival Ventas Inc in a stock and cash deal valued at $2.6 billion. ARC Healthcare said Ventas would pay $11.33 per share, a premium of about 14 percent to the stock's Friday close.

  • METALS-Copper up on Chinese factory data Monday, 2 Jun 2014 | 6:39 AM ET

    LONDON June 2- Copper rose more than 1 percent on Monday, after its biggest monthly gain this year in May, helped by dwindling stocks, seasonal buying interest in top consumer China, and positive Chinese factory data.

  • LONDON/ BEIJING, June 2- Signs of an economic revival in China have raised hopes that Beijing's targeted measures to bolster growth are having an impact but a slowdown in the euro zone will increase expectations of policy easing there.

  • BERLIN, June 2- Annual inflation in Europe's largest economy likely slowed in May, data from German states suggested on Monday, probably pushing down the broader euro zone rate and raising pressure on the European Central Bank to act when it meets this week.