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Dubai bailout, Exxon deal push Wall St to 14-month high
NEW YORK (Reuters) - Stocks closed at 14-month highs on Monday as Abu Dhabi's $10 billion in aid to help Dubai avoid default eased concerns and a takeover deal by Exxon Mobil Corp raised optimism about mergers and acquisitions activity.
Nations:U.S. Activities:U.S. Markets
2009-12-14
New filings for jobless benefits drop below 500K
WASHINGTON - The number of newly laid off workers signing up for unemployment benefits fell sharply last week but those continuing to draw aid climbed to the highest level since 1982.
People:Barack Obama Activities:2008 U.S. Recession Source:(AP)
2008-12-31
Eli Lilly agrees to buy ImClone for over $6B
NEW YORK - The drugmaker Eli Lilly & Co. said Monday it has agreed to buy biotechnology company ImClone Systems Inc. for more than $6 billion in a deal that would expand its pipeline of cancer treatments.
Nations:U.S. People:Carl Icahn Source:(AP)
2008-10-06
Study: New way to spot breast cancer shows promise
A radioactive tracer that "lights up" cancer hiding inside dense breasts showed promise in its first big test against mammograms, revealing more tumors and giving fewer false alarms, doctors reported Wednesday.
Source:(AP)
2008-09-03
Stocks tumble after sales of existing homes fall
NEW YORK - Wall Street abruptly ended an earnings-driven rally and closed sharply lower Thursday after a steeper-than-expected decline in existing home sales and worries about the financial sector chilled the market's recent optimism. The major indexes fell about 2 percent, including the Dow Jones industrial average, which lost more than 280 points.
Nations:Germany Japan France Activities:U.S. Markets Source:(AP)
2008-07-24
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