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- US Dollar Falls to 14-Year Low Against the Yen
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- Revenge of the Gangsta Nerds
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- Retail Earnings and Sales to Improve in Q4: Analyst
- Consumers Catching the Holiday Spirit
- It's Beginning To Look A Lot More Riskless
- Crescenzi: Claims Level Suggests End to Job Losses
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MOST SHARED
- Kuoni CEO Sees Recovery in Travel Sector
- Dubai Struggles to Ease Debt Fears; Investors Rattled
- Gold Retreats from Record High as Dollar Rebounds
- US Markets Bracing for Selloff On Worries About Dubai's Debt
- China Unveils Carbon Target Ahead of Copenhagen
- UK's Darling to Downgrade 2009 Growth Forecast
- Hyundai-Kia Targets Rapid China Growth in 2010
- No Thanksgiving Rest for Retailers in Sales Race
- Fannie Mae to Tighten Lending Standards: Report
SAO PAULO, Nov 16 (Reuters) - Shares of Brazilian telecommunications company GVT jumped as much as 4 percent shortly after opening on Monday after French media group Vivendi said it took control of the company. GVT rose to 55.5 reais from 53.34 reais on Friday Vivendi said late on Friday it acquired 37.9 percent of GVT's shares for 56 reais each, and disclosed that it had the right to exercise irrevocable options for an additional stake of 19.6 percent. (Reporting by Elzio Barreto Editing by W Simon ) Keywords: GVT SHARES (elzio.barreto@thomsonreuters.com; +55 11 5644-7725; Reuters Messaging: elzio.barreto.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved.
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