Brillian: Sears Ends Agreement to Buy TVs
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Brillian Corp. BRLC.O, a maker of  high-definition televisions based on its own liquid crystal  technology, said on Monday that Sears, Roebuck & Co. S.N had  canceled a one-month-old pact to buy its products.
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A joint venture of rival satellite  television providers DirecTV Group Inc.  and EchoStar  Communications Corp.  bowed out on Wednesday of a  billion-dollar auction of U.S. licenses for advanced wireless  services.
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Brillian Corp. shares plummeted more than 37 percent to hit a 52-week low Monday on news that Sears Roebuck and Co. terminated its agreement to purchase the company&#39;s 65-inch 720p high-definition televisions.
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GM snags some hefty television real estate.
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Lands&#39; End and Kmart? There&#39;s just no match, a UW- Madison professor said Wednesday, reacting to the announcement that Kmart plans to buy Sears, parent company of Lands&#39; End, for $11 billion.
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Sallie Maeâs would be buyers say the merger contract allows it to terminate the deal due to recent changes in student lending, which have reduced its potential for future earnings.
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The military-installed government completed the takeover of the countryâs only independent television station, and said it would temporarily pull it off the air after it failed to pay billions of dollars in fees. The takeover was expected after the station said last week that it could not pay the fees. The government announced yesterday that it would terminate iTVâs license after the deadline had passed for paying nearly $3 billion in fines, broadcasting license fees and interest. The governmentâs move was the latest in a series of decisions that have raised concern among investors and the public about the direction of Thailandâs leaders. Others include the imposition of capital controls and new restrictions placed on foreign ownership of Thai companies. A minister in the prime ministerâs office, told reporters the station would stop broadcasting today but could resume transmission as early as Friday if government officials could resolve legal issues for new ownership.
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EBay says it is ending its ad pullout from Google's U.S. AdWords network.
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ABC Studios on Friday  became the first TV studio to terminate production deals as a  result of the Hollywood writers strike.
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General Electric Co.  and Abbott  Laboratories Inc.  said on Wednesday they had terminated  a proposed $8 billion deal for GE to buy two Abbott businesses  because they couldn&#39;t agree on final terms.
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Kmart, which emerged from bankruptcy just last year, announced yesterday it would buy Sears for $11 billion to create the country&#39;s third-largest retailer.
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NEW YORK (CBS.MW) -- Shares of rival retailers fell in Wednesday trading following the news of Kmart buying Sears for $11 billion.
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The US retail companies Sears Roebuck and Company and K-Mart have agreed to merge in a deal they say is worth $11 billion. The merger announced early Wednesday will create a new company called Sears Holding Corporation.
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General Electric Co. , the world's biggest maker of medical-imaging machines, and Abbott Laboratories broke off an agreement for GE to buy some of Abbott's diagnostics units for $8.13 billion.
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News Corp. agreed to buy out John C. MaloneÂs stake in the company in exchange for a stake in DirecTV.
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By Anne D&#39;Innocenzio, Associated Press, 11/18/2004 09:11. NEW YORK  The $11 billion deal between Kmart and Sears is seen as a high-risk gamble to some analysts, who say the struggling discounter and struggling
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Two closed Kmart stores in the Tampa Bay area are among 50 nationwide acquired by Sears, Roebuck and Co. in a $576-million deal announced Wednesday.