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Advanta files for bankruptcy protection

November 10, 2009

Advanta Corp, a small business credit card lender, on Sunday said it filed for bankruptcy protection after the economic crisis over the last two […]

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Home credit extension widely supported in Senate

October 29, 2009

The U.S. Senate’s top Democrat and top Republican each voiced support on Wednesday for extending a soon-to-expire $8,000 tax credit for homebuyers, but left […]

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Lenovo expects big PC sales boost from Windows 7

October 26, 2009

Lenovo, the world’s fourth-biggest personal computer maker, expects a boost in its PC sales from the launch of Microsoft’s new operating system, Windows 7, […]

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JAL faces $8.8 billion excess debt if liquidated: source

October 23, 2009

Liabilities at Japan Airlines Corp would exceed its assets by as much as $8.8 billion if Asia’s largest airline by revenues were liquidated, a […]

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Merck in a post-blockbuster world

October 22, 2009

When Richard Clark was named CEO and president of Merck in 2005, the drug behemoth was reeling in the wake of the Vioxx scandal, […]

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Julius Baer to buy ING Swiss private bank

October 8, 2009

Julius Baer, bulking up in its home market, has agreed to buy the Swiss private banking assets of Dutch financial services group ING for […]

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Verisk sees $1.7 billion IPO, to price October 6

September 22, 2009

Insurance risk assessment specialist Verisk Analytics Inc VRSK.O on Monday set the terms of its initial public offering, saying it expects the offering to […]

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China’s economy to achieve growth target

September 19, 2009

China’s economy will be able to achieve a growth target of 8 percent this year, but the country should not rest on its laurels […]

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GM to sell control of Opel to Russia-backed Magna

September 11, 2009

General Motors agreed to sell a 55 percent stake in Opel to a group led by Canada’s Magna after months of fraught negotiations that […]

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OPEC to eye economic stimulus, not just oil supply

September 7, 2009

OPEC ministers meeting in Vienna this week were expected to keep supply targets intact and instead rely on hoped-for economic growth to sustain oil […]

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