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11:15 PM - Wednesday, August 27, 2014
12 hour ago - Yahoo! News: Business News
By Paul Carsten BEIJING (Reuters) - Masayoshi Son's nose for an investment has turned a $20 million start-up punt on Alibaba into a stake worth maybe $50 billion or more as the Chinese e-commerce giant co-founded and led by Jack Ma heads to wha . . .
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7 hour ago - Yahoo! News: Business News
The Australian dollar rose to a three-week high versus the U.S. The euro received some reprieve after three sessions of losses as feverish speculation of an imminent round of easing by the European Central Bank was tempered for now. Sources tol . . .
6 hour ago - WSJ.com
General Motors said it would invest as much as $185 million to build small engines at its Spring Hill, Tenn., assembly plant and move production of its Cadillac SRX crossover vehicle to the facility from Mexico.
6 hour ago - WSJ.com
Brown-Forman said its first-quarter profit rose 5%, driven by strong sales growth of its Jack Daniel's brand and higher sales in emerging markets.
6 hour ago - WSJ.com
Peer-to-peer lending platform LendingClub Corp. on Wednesday filed for an initial public offering. In a filing with the Securities and Exchange Commission, the company said its initial fundraising target is up to $500 million.
7 hour ago - Yahoo! News: Business News
By Siva Govindasamy SINGAPORE (Reuters) - Qantas Airways said on Thursday that it has converted orders for 21 Airbus A320 aircraft into the re-engined A320neo variant and deferred the delivery by four years. The decision will help cut capital e . . .
13 hour ago - from Seeking Alpha / Renee Butler
By Renee Butler:Burger King (BKW) is going to buy Canadian coffee and doughnut chain Tim Hortons (NYSE:THI) for just over $11 billion. Under the terms of the takeover, Burger King would acquire Canadian coffee and doughnut chain Tim Hortons (af . . .
6 hour ago - WSJ.com
Chico's FAS recorded a 31% drop its fiscal second-quarter profit as price cuts to unload seasonal merchandise squeezed margins.
6 hour ago - WSJ.com
Nike arranged for former Chicago Bulls star Michael Jordan to attend Tuesday's match as part of a promotion for Roger Federer's new line of shoes.
6 hour ago - WSJ.com
Michaels's fiscal second-quarter sales increased more than expected in the arts-and-crafts retailer's first earnings report since it went public again at the end of June.
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