Pier 1 shares rise on buyout hopes
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Shares of home decor retailer Pier 1   Imports Inc. PIR.N rose 8 percent to their highest level   since June on Thursday, after a Danish shareholder entered a   confidentiality agreement with the company, fueling speculation   of a buyout.
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Miners led European shares upward on Friday as a Chinese group bought a stake in Rio Tinto giving a shot in the arm to mining and metals companies ahead of key US jobs data later in the day.
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SAN FRANCISCO (CBS.MW) -- Delta Air Lines shares rose sharply Wednesday ahead of a Thursday meeting at which the carrier is expected to offer its pilots a stake in the struggling company.
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Strong share price masks Pier 1's struggling same-store sales.
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Alcan Inc.  shares rose 6 percent on Wednesday on speculation a counter offer could emerge to Alcoa Inc.'s  $28.4 billion hostile bid for the big Canadian aluminum maker.
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The S&P 500 index on Thursday rose more than 1 percent as stocks extended gains, helped by optimism about a deal for tax rebates to stimulate the U.S. economy.
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Auto supplier&#39;s shares rise after it says it will sell more companies that aren&#39;t market leaders. By Jeff Green and Jeff Bennett / Bloomberg News.
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Shares in Barclays PLC rose Monday following reports that a U.S. hedge fund had bought a stake in the bank and was opposing Barclays' bid to take over ABN Amro Holding NV.
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Shares of US Airways Group Inc. rose more than 9% Thursday morning after the airline&#39;s pilots union said it may agree on a plan to cut wages and benefits.
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KUALA LUMPUR Shares of Genting, Asia&#39;s biggest publicly traded casino group, rose Wednesday on expectations that the company&#39;s plan to develop Las Vegas-style casinos in Britain with Stanley Leisure would bolster profit.
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Alitalia&#39;s shares soared yesterday as hopes increased that the struggling Italian airline and labour unions might clinch a deal on a relaunch plan aimed at saving the company before a deadline today.
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Shares of McDonald&#39;s Corp. rose about 1.5 percent Tuesday as investors bet that the turnover in the restaurant chain&#39;s top post announced late Monday would not interrupt the progress of a nearly two-year-old turnaround.
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- Pier 1 Imports Inc.  said it recorded a 13.2 percent fall in January sales at stores open for at least a year.
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Shares of Walt Disney Co.DIS.N  rose 1.7 percent on Thursday, taking the entertainment  conglomerate toward one of its strongest weeks this year as its  troubled ABC television network showed unexpectedly strong  ratings.
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Shares in J. Crew Group Inc.   jumped more than 20 percent in their market debut Wednesday, a  sign of investor confidence in the preppy retailer a day after  its initial public offering priced above the forecast range.
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Shares of Macy&#39;s Inc.  rose on  Friday amid speculation that the retailer was ripe for a  takeover.
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LONDON -- Shares in Reuters Group PLC rose Thursday on speculation that its part-owned stock-trading network Instinet Group Inc. is up for sale.