Billionaire Lewis buys Bear Stearns stake
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Joseph C. Lewis, who became a billionaire trading currency, has taken a 7 percent stake in Bear Stearns Cos Inc , snapping up about $860 million worth of the investment bank's stock over the past two months.
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BBVA  took a fresh step toward its long-held ambition to grow in the United States on Friday when it said it had agreed to buy U.S. bank Compass Bancshares Inc  for $9.6 billion.
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Reclusive billionaire Joseph C. Lewis, who made his fortune trading currencies, has taken a 7 percent stake in Bear Stearns Cos Inc , snapping up $860.4 million worth of the investment bank's sagging stock to become one of its largest shareholders in less than a month.
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Bear Stearns Cos. (BSC.N: Quote, Profile, Research) on Tuesday said its asset management arm agreed to buy Cigna Corp.&#39;s (CI.N: Quote, Profile, Research) TimesSquare Capital Management Inc.
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Spain's BBVA has agreed to buy U.S. bank Compass Bancshares Inc. for $9.6 billion in cash and shares, realizing a long-held goal to gain a solid footing in the United States.
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Bear Stearns Cos Inc  on  Tuesday turned to its star investment banker, Alan Schwartz, to  replace James Cayne as chief executive and revive the company's  badly damaged mortgage franchise.
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UBS AG, the world&#39;s largest money manager for the rich, agreed to buy Charles Schwab Corp.&#39;s market making, research and institutional trading unit for $265 million in cash, giving it the No.
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MADRID/NEW YORK  - Banco Bilbao Vizcaya Argentaria SA , Spain's second-largest bank, agreed to buy Compass Bancshares Inc.  for $9.6 billion, realizing a long-held goal of gaining a solid foothold in fast-growing southern U.S. states.
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Bank sues Wall Street firm Bear Stearns for fraud and deception over loss of hundreds of millions of dollars
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Bear Stearns Cos Inc  said on Tuesday it snared three executives from rival companies to expand services to hedge fund clients.
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Dow Jones & Co Inc shareholders voted  to approve a $5.6 billion buyout by News Corp on Thursday,  giving Rupert Murdoch control of one of the world's most  influential newspapers, the Wall Street Journal.
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Dow Chemical Co. DOW.N on Monday  said DuPont Co. DD.N will buy its remaining equity stake in  DuPont Dow Elastomers LLC, a 50/50 joint venture between the  two companies, for $87 million.
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Swiss banking group UBS, the world's largest wealth manager, said on Monday it had strengthened its position in the United States by buying local rival Julius Baer's U.S. wealth-management business.
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Bear Stearns Cos. BSC.N on Tuesday  said its asset management arm agreed to buy Cigna Corp.'s  CI.N TimesSquare Capital Management Inc. bond business, which  oversees $6 billion of assets for pension plans and other  institutional investors.
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For the first time in Bear Stearns' history, an investment banker will be running the show. As soon as Tuesday, Bear Stearns is expected to announce that Alan Schwartz, president of the securities firm, will succeed James Cayne as its chief executive. When it does, it will usher in a new era for Bear, which his [...].
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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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Cisco Systems(R) (NASDAQ: CISCO) today announced that it has completed the purchase of select assets of privately-held Utah Street Networks, Inc., the operator of the social networking site Tribe.net.