"Fertilizer wars" throw spotlight on three CEOs
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Reuters
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3 minutes ago Mike Wilson, Steve Wilson and Mike Bennett are patient men. Embroiled in a nine-month three-way takeover battle, the chief executives of fertilizer companies Agrium Inc , CF Industries Holdings Inc and Terra Industries Inc have stayed in the headlines even as a recession and falling grain prices pushed the stocks of their companies off their 2008 peaks.
Oil jumps 3 percent on Ida, equities
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Reuters
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18 minutes ago Oil rose 3 percent toward $80 a barrel on Monday after Tropical Storm Ida forced the shut in of U.S. oil and gas production, helping to support prices.
Stocks jumps as G20 pledges liquidity
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Reuters
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23 minutes ago U.S. stocks jumped on Monday, pushing the Dow industrials to their highest level in more than a year, as the Group of 20 leaders pledged to keep aid flowing to their economies until a recovery was certain.
Trial of ex-Bear Stearns execs goes to jury
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Reuters
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29 minutes ago The trial of two former Bear Stearns hedge fund managers went to a jury on Monday, the first high-profile Wall Street executives criminally charged with fraud over subprime mortgage-backed securities that fueled the market meltdown.
Kraft turns hostile in $16 billion bid for Cadbury
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Reuters
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30 minutes ago Kraft Foods Inc chief Irene Rosenfeld refused to sweeten her $16.2 billion offer for candy maker Cadbury Plc and took the bid directly to shareholders on Monday, setting the stage for a takeover battle that could last up to three months.
Ex-SEC lawyer pleads guilty in Dreier Ponzi fraud
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Reuters
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43 minutes ago A former enforcement lawyer with the U.S. Securities and Exchange Commission pleaded guilty to impersonating two people to help confessed Ponzi scheme operator Marc Dreier defraud hedge funds.
Google buys mobile ad firm for $750 million
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Reuters
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43 minutes ago Google Inc is acquiring mobile advertising company AdMob for $750 million, furthering the company's push into the fast-growing market of Web-enabled cell phones.
McDonald's October same-store sales up, U.S. slips
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Reuters
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2 hours, 26 minutes ago McDonald's Corp said sales at established U.S. restaurants fell 0.1 percent in October, as expected, but its stock ticked up 1.5 percent after sales from the rest of the world buoyed overall results.
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