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Bank of America in mortgage claims settlement
Bank of America reached an $11.6 billion settlement with government mortgage agency Fannie Mae to settle claims resulting from mortgage-backed ...
WSJ says Hostess in talks to sell bread brands
The makers of Thomas' English muffins and Tastykake snacks are emerging as the two of the bidders for Wonder Bread and other Hostess bread brands as ...
Senators ask if coal exports skirt royalties
Lawmakers asked the U.S. Department of Interior on Friday to review whether companies are shortchanging federal and state governments out of millions ...
Cyprus president: no privatization in bailout deal
Cyprus' president said Wednesday he would refuse any request by international lenders to sell off state-owned companies as part of a finalized ...
China firm to acquire major African iron ore mine
A privately owned Chinese company is finalizing the acquisition of an Australian mining firm that controls a major iron ore mine in west Africa, a ...
Berkshire Hathaway sells 2 short-line railroads
Warren Buffett's company has sold two short-line railroads it recently discovered it owned to satisfy regulators who might have reviewed Berkshire ...
Planned News Corp spin-off lost $2B in fiscal 2012
Rupert Murdoch's News Corp. said Friday that the news and publishing unit it plans to spin off next year posted a $2 billion net loss in the fiscal ...
Hostess expects to split up snack cakes in sale
Twinkies, Wonder Bread and Devil Dogs are likely to return to shelves in coming months, but probably not under the same owners. Hostess Brands Inc.
GE to buy aviation unit of Italy's Avio for $4.3B
Industrial conglomerate General Electric plans to buy the aviation business of Italian manufacturer Avio for $4.3 billion to grow its jet propulsion ...
UK insurer Aviva sells US unit to Athene Holding
British insurer Aviva PLC is selling its U.S.
For the New York Stock Exchange, a sell order
The Big Board just isn't so big anymore. In a deal that highlights the dwindling stature of what was once a centerpiece of capitalism, the New York ...
Portugal postpones state airline privatization
The Portuguese government announced Thursday it has postponed the privatization of national airline TAP Air Portugal after the sole bidder failed to ...
NYSE, ICE shares halted; sale talks reported
Shares of the company that runs the New York Stock Exchange and a rival exchange have been halted in premarket trading amid reports that one of the ...
South Africa ANC: Nationalization 'off the table'
South Africa's governing African National Congress political party says that nationalization of private businesses is "off the table." Public ...
BP selling stake in big Chinese gas field
British oil company BP says it is selling its stake in a South China Sea gas field to Kuwait Foreign Petroleum Exploration Company for $308 million ...
Ireland rejects latest Ryanair bid for Aer Lingus
The Irish government announced Tuesday it won't sell its 25 percent stake in Aer Lingus to Ryanair because a merged airline would be likely to ...
AIG raises $6.4B from sale of remaining AIA stake
U.S. insurance company AIG sold its remaining stake in Asian life insurer AIA Group for $6.4 billion, the Hong Kong based-company said Tuesday.
Sprint raises offer, to buy Clearwire for $2.2B
Sprint, the country's third-largest cellphone company, said Monday that it will buy out the portion of wireless network operator Clearwire that it ...
Laclede Group to buy 2 Southern Union utilities
Laclede will buy two of Southern Union Co.'s utilities, Missouri Gas Energy and New England Gas Co., for $1.02 billion. Energy Transfer Equity's ...
BP sells stake in North Sea gas field for $28 mln
Oil company BP has sold its half interest in a North Sea gas field to SSE PLC for $288 million. BP said Monday that the disposal of its 50 percent ...
Discovery to buy Nordic TV networks for $1.7B
The parent company of the Discovery Channel said Friday that it is buying 12 TV networks in Norway, Sweden, Denmark and Finland in a deal worth about ...
Sprint offers $2.1B for the rest of Clearwire
Sprint Nextel has offered to buy out the minority shareholders of Clearwire for $2.1 billion in a deal that would give it total control of the ...
Discovery Channel close to deal on Eurosport
The parent company of the Discovery Channel is close to buying a stake in Europe's leading sports network, Eurosport. TF1, the Paris-based media group ...
Global corporate deals nearly halved in 5 years
The value of mergers and acquisitions deals around the world in 2012 was nearly half the amount made five years ago, when the financial crisis first ...
BHP sells Australia gas stake to PetroChina
BHP Billiton Ltd. said Wednesday it has agreed to sell its stake in a proposed Australian gas project to Chinese state-owned energy producer ...