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Dec 13- Best Buy Co Inc founder Richard Schulze is expected to make a fully financed offer to buy the consumer electronics retailer by the end of the week, the Minneapolis Star Tribune reported, citing a source.
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Dec 13- MetLife Inc, the largest life insurer in the United States, warned that 2013 earnings might be well below what Wall Street expects and said it needed to accelerate its strategic plans amid a persistently low interest-rate environment.
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Dec 13- MetLife Inc's 2013 earnings forecast assumes no share buybacks, the company's chief executive said on Thursday.
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*Best Buy surges on report its founder to make buy offer. Shares of Best Buy Co surged more than 11 percent after a report that the company's founder is expected to make a fully financed offer to buy the consumer electronics retailer by the end of the week. Best Buy was up 11.3 percent at $13.56 in premarket trade.
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Dec 13- MetLife Inc has received regulatory approval for the sale of its deposit-taking business but does not know yet how that will affect its participation in the next Federal Reserve bank stress test, Chief Executive Steve Kandarian said on Thursday.
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*Rosneft needs over $40 bln to buy TNK-BP, invest in projects. LONDON, Dec 13- Russia's Rosneft is talking to oil majors and traders including Shell, Total and Glencore to raise up to $10 billion, using future oil exports as collateral, to complete its purchase of TNK-BP and become the world's biggest listed oil producer.
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*Chicago wheat inches up, 4 pct slide since USDA report. PARIS/ SINGAPORE, Dec 13- Chicago wheat futures steadied on Thursday after sliding to five-month lows this week on bigger-than-expected forecasts for stocks, with the market looking for fresh impetus from weekly export data later in the day.
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Dec 13- CVS Caremark Corp is looking at changes in U.S. healthcare as an opportunity to serve more customers, whether they are picking up prescriptions, getting them through the mail, or stopping by an in-house MinuteClinic for a checkup.
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Dec 13- CVS Caremark Corp said on Thursday that its board approved a 38 percent increase in the quarterly dividend, bringing it up to 22.5 cents per share, and laid out its expectations for higher earnings next year.
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LONDON, Dec 13- Spanish bond yields rose after a debt sale fell short of market expectations on Thursday, underscoring the challenges the country will face raising funds in 2013. Madrid sold a modest 2 billion euros of three- and five- year paper and a longer-dated bond due in 2040, attracting a high level of bids, but the wide range of accepted offers hinted at weaker-than-expected demand. "
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*Pharmaceuticals weak, led by AstraZeneca. LONDON, Dec 13- European shares dipped on Thursday as new stimulus steps from the Federal Reserve were overshadowed by concern over U.S. austerity measures, though traders made light of the falls after a recent powerful rally.
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LONDON, Dec 13- Gold prices fell more than 1 percent in Europe on Thursday, failing to sustain gains made after the Federal Reserve unveiled a fresh round of bond purchases, as investors switched their focus to the prospect of an approaching U.S. fiscal crisis.
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NEW YORK, Dec 13- U.S. stock index futures were mixed on Thursday as a new round of stimulus for the economy was not enough to offset worries over the impact of the impending "fiscal cliff". *In the European Union, finance ministers reached a deal to make the European Central Bank the bloc's top banking supervisor.
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Dec 13- Best Buy Co Inc founder Richard Schulze is expected to make a fully financed offer to buy the consumer electronics retailer by the end of the week, the Minneapolis Star Tribune reported late Wednesday, citing a source. Best Buy declined to comment on the report. Best Buy shares were up 12.2 percent to $13.66 in premarket trading.
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Dec 13- MetLife, the largest life insurer in the United States, warned 2013 earnings may be well below what Wall Street expects and said it needed to accelerate its strategic plans, which include the sale of its banking business. Metlife shares traded down 1.8 percent at $33 before the bell on New York Stock Exchange.
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MILAN, Dec 13- The European Central Bank's potent bond-buying scheme allowed Italy and Spain to complete their challenging 2012 debt funding requirements through successful auctions on Thursday.
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LONDON, Dec 13- Raw sugar and arabica coffee futures on ICE both fell to their lowest levels in more than two years on Thursday, extending prolonged slides driven by surplus supplies.
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MAPUTO, Dec 13- Depressed coal prices, tight capital markets, shoddy railways and ports have cooled Mozambique's coal bonanza and will delay export projects aimed at supplying booming demand in Asia.
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Dec 13- Sprint Nextel Corp is offering $2.1 billion to buy the rest of wireless internet provider Clearwire, to get full ownership of its wireless spectrum. The bid, at $2.90 a share for the 48.3 percent of Clearwire that Sprint Nextel does not already own, values Clearwire at around $4.2 billion.
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LONDON, Dec 13- EU states and the European Parliament failed on Thursday to agree tougher capital rules for banks and in any case will miss a globally-agreed January deadline for their phase-in to start.