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Barrick invites Newmont to restart merger talks

Barrick invites Newmont to restart merger talks

Barrick Gold Corp. has formally asked Newmont Mining Corp. to resume merger talks after their negotiations hit an impasse late last week, according to a person familiar with the situation.

Posted on 4-24-2014 at 9:15 AM
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Caterpillar raises 2014 forecast as profit beats estimates

Caterpillar Inc., the largest maker of mining and construction equipment, posted first-quarter earnings and sales that beat analysts' estimates as it boosted its full-year outlook on...

Posted on 4-24-2014 at 8:09 AM
Recall costs slam General Motors

Recall costs slam General Motors

General Motors Co. on Thursday posted lower quarterly profit after a massive recall due to defective ignition switches linked to at least 13 deaths, but results still topped Wall Street...

Posted on 4-24-2014 at 7:44 AM
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Potash profit forecast tops estimates amid improving outlook

Potash Corp. of Saskatchewan Inc., the world's largest fertilizer producer by market value, posted first-quarter profit and revenue that beat analysts' estimates as the outlook for the...

Posted on 4-24-2014 at 7:22 AM
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Apple expands buybacks, approves 7-for-1 stock split

Apple Inc. has approved another $30 billion US in share buybacks till the end of 2015 and authorized a rarely seen seven-for-one stock split, addressing calls to share more of its cash...

Posted on 4-23-2014 at 4:40 PM
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Facebook first-quarter revenue grows 72%

Facebook Inc.'s mobile advertising business continued to accelerate in the first three months of the year, helping the Internet social networking company top Wall Street's revenue target.

Posted on 4-23-2014 at 4:25 PM
Ackman structured Allergan-Valeant trade to skirt FTC disclosure

Ackman structured Allergan-Valeant trade to skirt FTC disclosure

Bill Ackman, the billionaire hedge fund manager who amassed almost 10 percent of Allergan Inc. to back a takeover bid by Valeant Pharmaceuticals International Inc., said he structured the...

Posted on 4-23-2014 at 4:15 PM
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Uranium prices set to rebound: Cantor Fitzgerald

Uranium spot prices are hovering near 8-year lows of $30 US a pound. But Rob Chang, Senior Analyst at Cantor Fitzgerald, expects a price spike in the near future. He points to restarts of...

Posted on 4-23-2014 at 3:57 PM
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