Update 1: Firm to Pay $12M in Fund Sales to Military
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First Command Financial Planning Inc., a company that sold high-fee mutual funds to military officers, has agreed to pay $12 million to settle regulators&#39; charges that it used misleading sales material to promote the funds.
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Massachusetts' state pension fund, one of America's biggest and most successful, plans to sell some $80 million in holdings of companies that invest in Sudan, becoming the latest investor to protest violence there.
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Business & money: Qatari-backed investment fund planning Â£12bn cash bid, with two-thirds of deal financed by debt.
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EUROPEâS biggest defence contractors will have the chance to bid for a $23 billion (Â£12 billion) air refuelling contract for the US Air Force that has been withdrawn from Boeing.
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The defense-related work is estimated to be worth $200 billion.
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Related Companies said it would receive $1.4 billion in equity and debt investments from a group including Goldman Sachs, Michael Dellâs MSD Capital and Mubadala Development.
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The military contractor posted net income of $489 million, paced by sales gains at its shipbuilding and information technology units.
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â¢American International Group, Inc. reported that AIG Financial Products Corp., a subsidiary, has reached an $80 million settlement with the Department of Justice concerning charges that stemmed from structured
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Countrywide Financial Corp , the largest U.S. mortgage lender, said on Thursday it has lined up $12 billion of financing to help weather a housing slowdown that will lead to widespread layoffs.
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Body and vehicle armor company Armor Holdings Inc. said Friday it was selected as one of the companies to receive a Defense Department ceramic body armor contract that could be worth up to $461 million over 36 months.
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First Command Financial Planning Inc., a company that sold high-fee mutual funds to military officers, has agreed to pay &#36;12 million to settle regulators' charges that it used misleading sales material to promote the funds, it was announced Wednesday.
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Countrywide Financial, the nationâs largest mortgage lender, said yesterday that it had lined up $12 billion of financing to help weather a housing slowdown that it expects to lead to widespread layoffs.
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The U.S. military has agreed to give about $650,000 to three British soldiers and a Kuwaiti interpreter who were injured when an American military truck slammed into their vehicle in Iraq, a lawyer said Monday.
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Morgan Stanley will pay $12.5 million to resolve charges that it failed to produce e-mail and falsely stated that the messages were lost in the Sept. 11, 2001, attacks.
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Sainsbury's is approached by a Middle Eastern investment fund about a possible takeover worth some Â£12bn.
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THE REGION The Army passed over Raytheon Co. and awarded a $2.04 billion contract to rival L-3 Communications Integrated Systems, of Greenville, Texas, to supply up to 78 cargo planes for the Army and the Air Force. The contract is the first stage in a program that eventually could be worth up to $6 billion to the prime contractor, L-3 ...
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By Tom Spoth, The Sun, Lowell, Mass.  Feb. 11--In February 2004, a company in Burlington received a $2.5 million contract from the U.S. Army.