Business Stories from March 20, 2012 (Change date)
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Facebook said to pay underwriters 1.1% Fee in initial offeringMar 20, 2012 9:16 am - Facebook Inc., the social- networking website seeking to raise $5 billion in an initial public offering, will pay underwriters a 1.1 percent fee, two people with knowled...
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AstraZeneca, Targacept end work on depression drugMar 20, 2012 8:59 am - LONDON — Drug makers AstraZeneca and Targacept have abandoned plans to seek regulatory approval for a drug intended to treat major depressive disorder, the companies sai...
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Treasury has guidance, license detail on Iran internet freedomMar 20, 2012 8:22 am - The U.S. Treasury Department’s Office of Foreign Assets Control today issued “guidance and licensing information to further support the free flow of information to citiz...
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U.K. stocks retreat amid Chinese growth concern; BHP declinesMar 20, 2012 8:22 am - U.K. stocks fell, pushing the benchmark FTSE 100 Index lower for a second day, as concern about slowing growth in China led to a selloff in shares of mining companies. R...
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Exelon upgrades equipment at Byron nuclear plantMar 20, 2012 8:20 am - BYRON — Exelon Energy says it has finished upgrading equipment at a northern Illinois nuclear plant where a power failure caused a reactor to shut down two months ago. T...
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U.S. builders began work on fewer homes in FebruaryMar 20, 2012 2:12 pm - WASHINGTON — U.S. builders started work on slightly fewer homes in February, but they began preparing for what could be the healthiest spring buying season since the hou...
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Wisconsin’s Marinette Marine hiring hundredsMar 20, 2012 7:42 am - MARINETTE, Wis. — Marinette Marine Corp. says it plans to hire several hundred workers this year to help build U.S. Navy ships. The northeastern Wisconsin company has $...
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Siemens in $600 million British buyMar 20, 2012 7:29 am - BERLIN — German engineering company Siemens says it is buying a British firm specializing in underwater power cables for the oil and gas industry for (euro) 460 million ...
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Greek Parliament set to approve new bailout dealMar 20, 2012 10:44 am - ATHENS, Greece — Greece's Parliament is set to approve the debt-crippled country's new international bailout deal late Tuesday as Communist party supporters prepare to ...
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Stock markets running out of steamMar 20, 2012 7:27 am - LONDON — The recent rally in global stock markets showed signs of running out of steam Tuesday amid concerns over China's economic growth and the impact of high oil pric...