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Wall Street Breakfast: World Equities Lower As French Police Raid Terrorist Hideout

2015-11-18 14:35:01| Railroads - Topix.net

Major global stock indices were flat-to-lower at the time of writing as investors stayed cautious amid news of a police raid in Paris on suspected terrorists and ahead of the release later today of the FOMC minutes from its meeting in late October. It's safe to assume that the document will be scrutinized for indications as to whether the Fed will raise interest rates in December.

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The Wall Street Journal: Constellation Brands to buy craft beer maker for $1 billion

2015-11-16 17:16:52| Beverages - Topix.net

Constellation Brands Inc. agreed to acquire Ballast Point Brewing & Spirits for roughly $1 billion, adding a craft beer maker to the alcoholic-beverage company's beer business. became one of the largest U.S. beer distributors in 2013 with its acquisition of U.S. distribution rights for top import Corona, several other Mexican beers plus a Mexican brewery for $5.3 billion from Belgium's Anheuser-Busch InBev NV That deal stemmed from AB InBev's larger $20.1 billion takeover of Mexico's Grupo Modelo SAB, in which AB InBev had to divest itself of the assets to win U.S. regulatory approval.

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As China firms walk out on Wall Street, spurned investors demand payback

2015-11-16 00:29:22| IT Services - Topix.net

Chinese firms listed in New York are finding out the hard way that it's easier to love global investors than leave them. As dozens plan buyouts and a return home in search of higher valuations, companies that were once Wall Street's darlings for the first time face the wrath of minority shareholders.

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The Wall Street Journal: United Technologies sets $6 billion accelerated buyback

2015-11-13 08:14:32| Industrial Machines - Topix.net

United Technologies Corp. has entered into accelerated share-buyback agreements with two banks to repurchase $6 billion of the company's common stock, according to a Securities and Exchange Commission filing Thursday. The maker of Pratt & Whitney jet engines, Otis elevators and Carrier air-conditioning equipment said Deutsche Bank AG and J.P. Morgan Chase & Co.

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The Wall Street Journal: United Technologies sets $6 billion accelerated buyback

2015-11-12 14:39:59| Paper - Topix.net

United Technologies Corp. has entered into accelerated share-buyback agreements with two banks to repurchase $6 billion of the company's common stock, according to a Securities and Exchange Commission filing Thursday. The maker of Pratt & Whitney jet engines, Otis elevators and Carrier air-conditioning equipment said Deutsche Bank AG and J.P. Morgan Chase & Co.

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