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Foreclosure Deal Gets Closer
Federal and state officials aim to wrap up this week a multibillion-dollar agreement with five major banks to settle probes of alleged foreclosure abuses.
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Slate of Offerings Face Challenges
After a spate of rocky debuts in the U.S., this week's slate of initial public offerings are going to be facing a tougher pricing environment.
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Mining Deals to Pile Up
A Glencore-Xstrata merger would create a true rival to global mining heavyweights like Vale, Rio Tinto and BHP Billiton, as well as put pressure on midsize players to either team up or grow through acquisitions.
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Storm Clouds Gather Over Florida Insurers
State-run entities that expanded over the past decade to provide affordable homeowners insurance in hurricane-threatened Florida are in danger of becoming so big they threaten to wreak havoc on the local economy.
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Profits Showing Weakness
U.S. corporate profits are showing signs of flagging, even as share prices reach multiyear highs. Margins are slipping as already-lean firms find it harder to continue cutting costs.
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