Boston Exchange closes BeX equity unit
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The Boston Stock Exchange shuttered the electronic equities market it created two years ago with backing from some of Wall Street's biggest brokerage firms after failing to draw business from competitors.
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UK blue chips closed the day's trade in positive territory, bolstered by strength on Wall Street which was assisted by a raft of merger news including the purchase by Bank of New York of Mellon Financial.
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The fund to compensate families who lost savings in the Farepak Christmas fund collapse is to close.
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The retail and mining sectors were heavy casualties as the leading share index closed in negative territory, dealers said Monday.
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HSBC closes accounts held by the British National Party, three months after Barclays froze the party's accounts.
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YESTERDAY Close $123.80 Change +$1.35 52-WEEK High $124.26 Low $76.96 Boston Properties Inc., the real estate investment trust run by Mortimer Zuckerman, said fourth-quarter net income fell 53 percent from a year ago, when it sold properties in San Francisco and Boston.
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Harman International Industries Inc  said its private equity buyers are pulling out of their $8 billion buyout, a severe blow to the company whose shares fell 25 percent on Friday.
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Donald Trump&#39;s Trump Hotels &amp; Casino Resorts Inc. said it has ended talks with Credit Suisse First Boston&#39;s private-equity unit, which had planned to invest $400 million in equity and become the majority shareholder.
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A business trivia question: What new company ended yesterday with the sixth-largest stock market value of any Massachusetts company, ahead of big businesses such as Genzyme Corp. , Staples Inc. , and TJX Cos. ?
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Private investment firm Sun Capital Partners Inc. yesterday said an affiliate has completed the acquisition of Boston Market Corp. from McDonald's Corp.
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Boston Scientific Corp. said yesterday it has won back the market share that its flagship cardiac stent system held before three safety recalls reduced doctors' orders of the product.
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HSBC Holdings Plc , Europe's biggest bank, said on Friday that it would close its U.S. subprime mortgage unit, cutting 750 jobs and taking an $880 million writedown, because the business is no longer sustainable.
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HSBC Holdings Plc , Europe's biggest bank, said on Friday that it would close its U.S. subprime mortgage unit, cutting 750 jobs and taking $945 million in charges and write-downs, because the business is no longer sustainable.
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Leading shares in London closed lower Tuesday hit by heavy falls on Wall Street while rumours of a potential problem at a London based hedge fund offset news of a significant stake build at Cadbury Schweppes, dealers said.
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Wheeling-Pittsburgh Corp., a metal products company, on Wednesday it has closed a public offering of 3.65 million common shares that helped raise $100 million to be used to pay down debt.
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Standard &amp; Poor&#39;s Equity Research lowered the price target for Boston Scientific (nyse: BSX - news - people ) to $41 from $44 and said the company&#39;s dispute with former partner Medinol will likely go to trial next year.
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Vornado Realty Trust  said on Wednesday it has terminated its cash and stock proposal to acquire Equity Office Properties Trust .