Ruling on Fortunoff Sale
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Fortunoff Fine Jewelry and Silverware won court approval on Wednesday to sell its business for $80 million in cash to the private equity firm NRDC Equity Partners, barring higher offers at auction.
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Fellow Fool Alyce Lomax and I need to debate Pier 1 Imports (NYSE: PIR). Between Alyce covering the company warnings and me advising not to jump off the pier, there has been little good news to report. Is Pier 1 ready to get ...
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By Patrick Mcdermott, Northwest Florida Daily News, Fort Walton Beach  Dec. 19--DESTIN -- The city took two more steps Monday in securing harborfront property -- approving a loan to help cover the cost and giving the go-ahead to close on the deal later this week.
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The Dutch Supreme Court will issue its ruling on ABN AMRO's  suspended sale of its U.S. unit LaSalle on Friday and the decision could sway an acrimonious takeover battle for the Dutch bank.
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Was the approval already built into the stock price?
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Description: A divided Securities and Exchange Commission will likely approve new regulations governing the hedge fund industry. Under the rules, all but the smallest hedge funds would be required to register with federal regulators.
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A court ruling upholding the  patent on blockbuster blood-thinning drug Plavix has reignited  talk France&#39;s Sanofi-Aventis  will bid for its smaller  U.S. partner Bristol-Myers Squibb Co. .
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ABB said it was âawareâ of the ruling, but remained confident that a settlement would be reached. âABB is naturally surprised and disappointed at todayâs decision, but remains confident that it can resolve.
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Business & money: Fate of supermarket chain in balance, with court to decide today whether to approve rescue package.
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Japan&#39;s Supreme Court has ruled that UFJ bank can pull out of a deal to sell its trust business to rival Sumitomo. The ruling removes a key obstacle to a planned merger between UFJ and Mitsubishi Financial, which would create the world&#39;s biggest bank.
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The Dutch Supreme Court is set to rule on whether ABN Amro can sell LaSalle to Bank of America.
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The Motley Fool - As investors waited anxiously for Amgen's (Nasdaq: AMGN - News) earnings report, the United Kingdom's high court snuck in with a stinker. It ruled that Transkaryotic Therapies (Nasdaq: TKTX - News) and Sanofi-Aventis (NYSE: SNYT - News) did not infringe on the patent for EPO, Amgen's anemia treatment (which accounts for 27% of its sales), and ruled the patent invalid.
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Although a U.S. judge has halted   continued shipments of a generic form of Bristol-Myers Squibb   Co.'s BMY.N best-selling drug, analysts on Friday cautioned   that huge supplies already on the market would hurt the   company's earnings in 2006 and 2007.
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A court hearing is set to decide whether ailing supermarket chain Kwik Save can keep trading.
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Â· Consumer revolt on hold while court case is heard  Â· Ruling may lead to refunds but also end free banking
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Federal bankruptcy judge will next consider the sale of all or part of the Indianapolis-based airline. By Ted Evanoff. A federal bankruptcy judge approved the $15.
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The Massachusetts Association of Realtors was out in force yesterday to support a proposed state regulation that would make it easier for real estate agents from the same firm to represent the buyer and the seller of the same home, an arrangement critics claim can be a conflict of interest.