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Nearly one million 'face mortgage woe'

2015-09-04 01:01:50| BBC News | Business | UK Edition

Nearly a million homeowners have no way of paying off their mortgages because they opted for interest-only loans, Citizens Advice warns.

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Wynn Resorts offers to pay $15 million to cut ties with NV Energy

2015-09-04 00:59:00| Electronics - Topix.net

A view of Wynn Las Vegas and Encore taken from a Maverick Helicopter on Wednesday, Jan. 16, 2013, above the Las Vegas Strip. Wynn Resorts is willing to pay $15 million to end its business relationship with NV Energy, according to filings on Tuesday with the Public Utilities Commission of Nevada.

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Ford opens $275 million engine plant in Russia

2015-09-03 23:13:38| Auto Dealers - Topix.net

Russian venture, Ford Sollers, opened a $275 million engine plant on Thursday, which will help make its Russian-produced vehicles less dependent on imported components and currency fluctuations. Ford aims to spend 60 percent of the cost of producing cars for the Russian market in the country itself by 2020, to qualify for benefits such as lower import duties on car components.

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Verizon's AOL to buy Millennial Media for about $250 million

2015-09-03 20:35:21| IT Services - Topix.net

Verizon Communications Inc.'s AOL Inc. agreed to buy mobile-ad company Millennial Media Inc. for about $250 million. The $1.75-a-share offer is a 31% premium to Millennial's price at Wednesday's close.

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Verizon's AOL to buy Millennial Media for about $250 million

2015-09-03 18:47:20| Telecom - Topix.net

Verizon Communications Inc.'s AOL Inc. agreed to buy mobile-ad company Millennial Media Inc. for about $250 million. The $1.75-a-share offer is a 31% premium to Millennial's price at Wednesday's close.

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