Business Stories from December 15, 2011 (Change date)
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United Rentals to buy RSC for $1.9BDec 16, 2011 6:07 am - NEW YORK — United Rentals says it will buy RSC Holdings Inc. for about $1.9 billion in cash and stock. The $18-per-share price is a 58 percent premium to RSC’s closing ...
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BP settles with maker of failed blowout preventerDec 17, 2011 4:09 pm - NEW ORLEANS — Cameron International, the maker of the Deepwater Horizon blowout preventer that failed to stop last year’s massive oil spill in the Gulf of Mexico, has ag...
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Incandescent light bulb spared in spending billDec 17, 2011 6:13 am - The 100-watt incandescent light bulb has been spared from a U.S. phase-out in a spending deal reached by Republican and Democratic leaders in Congress. Legislation to be...
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Italian govt wins confidence vote on austerityDec 16, 2011 6:07 am - ROME — The Italian government has won a confidence vote over its package of anti-crisis austerity measures in the lower chamber of Parliament. Premier Mario Monti called...
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Zynga to begin trading on Nasdaq after $10 IPODec 17, 2011 6:13 am - NEW YORK — Investors will get the chance to reap “Farmville’s” harvest on Friday, as shares of online game developer Zynga Inc. start trading on the Nasdaq Stock Market....
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Torrent of bad financial news flows out of EuropeDec 17, 2011 6:12 am - DUBLIN — Alarming financial news flowed out of Europe in a torrent Friday, just a week after the EU leaders struck a deal they thought would contain the continent’s debt...
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A. M. Castle completes Tube Supply acquisitionDec 16, 2011 9:09 am - PRNewswire OAK BROOK — A. M. Castle & Co. said it has completed the acquisition of Houston-based Tube Supply, Inc., a distributor of specialty tubular and bar products f...
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Early rally fades; stock market down for the weekDec 17, 2011 6:12 am - An early rally faded on the stock market Friday, leaving indexes down about 3 percent for the week as worries resurfaced about a breakup of the euro. BlackBerry maker Re...
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Apple Rush to bring organic Zeolite fertilizer to U.S.Dec 16, 2011 9:09 am - GLENVIEW — Apple Rush Co., Inc. has reached an agreement with Rancho Chinobampo S.A. de C.V. of Sinaloa, Mexico which gives Apple Rush controlling interest in a new U.S....
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Renault may delay investments to preserve cash in crisis deja vuDec 16, 2011 6:13 am - Renault SA, France’s second-biggest carmaker, may delay investment projects to conserve cash with the European market showing signs of repeating the slowdown following t...
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