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Exclusive: Malaysia tycoon plans IPO of football club Cardiff City - sources
ReutersKUALA LUMPUR (Reuters) - Malaysian billionaire Vincent Tan is exploring an IPO of British football team Cardiff City for as early as this year, people with knowledge of the matter told Reuters, in a deal that would follow the team's recent promotion to...Tags: Stock Market, Manchester United F.C., Banking, Initial Public Offerings, Malaysia
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EXCLUSIVE-Malaysia tycoon plans IPO of football club Cardiff City-sources
Reuters* Cardiff promoted to the Premier League, 1st time since 1962 * Kuala Lumpur No.4 in 2012 global IPO proceeds * Would follow Manchester United debut last year (Adds comment on prospects for the deal) By Yantoultra Ngui KUALA LUMPUR, May 24 (Reuters)...Tags: Stock Market, Manchester United F.C., Banking, Initial Public Offerings, Malaysia
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InterOil in talks with Exxon to develop Papua New Guinea assets
ReutersMay 24 (Reuters) - Liquefied natural gas producer InterOil Corp and its joint venture partner have entered into exclusive negotiations with Exxon Mobil Corp to develop gas fields in Papua New Guinea. The discussions include the possibility of an Exxon...Tags: InterOil Corporation, Energy Resources, Stock Market, Royal Dutch Shell Plc, Guinea
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NextEra CFO criticizes exchange for earlier share drop
ReutersNEW YORK, May 23 (Reuters) - NextEra's chief financial officer criticized the New York Stock Exchange for the brief but sharp drop in its share price at the opening. "This is naturally a concern for all our shareholders and potential shareholders,"...Tags: Stock Market, Finance, Economy, Business and Finance
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New J&J anti-depressant related to 'Special K' party drug
ReutersNEW BRUNSWICK, New Jersey (Reuters) - Johnson & Johnson said it plans to seek approvals for 11 new drugs by 2017, including a treatment for patients with depression who have failed to benefit from standard medications. The intranasal drug, called...Tags: Symptoms, Johnson & Johnson Inc., Prostate Cancer, Vaccines, Instrument Engineering
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NYSE says AEP, NextEra trades stand after crash at open
ReutersNEW YORK (Reuters) - All trades in American Electric Power Inc and NextEra Energy Inc in a crash that happened in the first minute of trading on Thursday will stand, the New York Stock Exchange said, following the latest in a flurry of unexplained sharp...Tags: U.S. Securities and Exchange Commission, Stock Market, Anadarko Petroleum Corporation, S&P 500, Petroleum Industry
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Procter & Gamble brings back former CEO to fix company
Reuters(Reuters) - Procter & Gamble Co on Thursday brought back A.G. Lafley to run the world's largest household products maker, replacing Bob McDonald immediately in the midst of a major restructuring. Lafley is taking on the roles of chairman, president and...Tags: JC Penney Company Inc., Stock Market, Productivity, Economy, Business and Finance, Companies and Corporations
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REFILE-EXCLUSIVE-Malaysia tycoon plans IPO of football club Cardiff City-sources
Reuters(Adds dropped word "Exchange" in paragraph 2) KUALA LUMPUR, May 24 (Reuters) - Malaysian billionaire Vincent Tan is exploring an IPO of U.K football team Cardiff City as early as this year, people with knowledge of the matter told Reuters, in a deal that...Tags: Manchester United F.C., Stock Market, Initial Public Offerings, Malaysia, Soccer
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ChannelAdvisor soars in debut
Reuters(Reuters) - ChannelAdvisor Corp shares soared more than 40 percent in their market debut on Thursday as investors bet the e-commerce software company will benefit from the rapid global spread of online buying and selling. The company's shares opened up...Tags: Consumer Goods Industries, Economic Indicator, Goldman Sachs Group, Inc., E-Commerce Industry, Google Inc.
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HP raises 2013 outlook as Whitman's plan takes hold
ReutersSAN FRANCISCO (Reuters) - Hewlett-Packard Co raised its 2013 earnings outlook after quarterly results beat low expectations, as CEO Meg Whitman's turnaround plan helped offset shrinking personal computer sales with enterprise computing services. While...Tags: IBM, Earnings, Finance, Thomson Corporation, Companies and Corporations
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German soccer clubs setting example on and off pitch
Reuters* German rivals to meet for European soccer's top prize * German clubs have stable finances, low ticket prices * Business model meets UEFA blueprint for soccer's future By Karolos Grohmann and Keith Weir BERLIN/LONDON, May 23 (Reuters) - Champions...Tags: Deutsche Telekom AG, Manchester United F.C., Stock Market, Adidas AG, Soccer
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Dover to spin off some communication technologies businesses
Reuters(Reuters) - Industrial conglomerate Dover Corp said it plans to spin off some of its communication technologies businesses into a publicly traded company with annual revenue of about $1.3 billion. The businesses, to be folded into the company's Knowles...Tags: Stock Market, Goldman Sachs Group, Inc., Business, Dover Corporation
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