U S stocks rise as Fed concerns ease on gains
U S equities advanced as investors eased bets on Fed stimulus. ISM manufacturing edged up to 50.9 in June signaling modest growth while construction spending rose 0.5 percent in May. Dow up 104 at 15 013, S&P 500 at 1618, Nasdaq 3438.
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New York
Federal Reserve
Wall Street
U.S
Institute For Supply Management
Standard & Poor
Ben Bernanke
Bernanke
Fed
Jim Russell
US Bank
Russell
Commerce Department
Central Bank
Tribune to buy Local TV Holdings 19 stations for 2.73 billion
Tribune Co agreed to acquire Local TV Holdings LLC and its 19 TV stations for 2.73 billion dollars cash. The deal expands Tribune to 42 stations making it a leading U S broadcaster and strengthens its shift from newspapers to television assets amid a struggling print industry.
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Tribune
Chicago — Tribune Co
Local TV Holdings LLC
WGN America
Chicago Tribune
Los Angeles Times
Gannett Co
USA Today
Belo Corp
Gannett
U.S
Dallas
Houston
Seattle
Steinway to be bought by Kohlberg for 438 million
Steinway Musical Instruments agrees to be acquired by private equity firm Kohlberg & Co for about 438 million dollars. The Waltham based piano maker, in business for 160 years, faced recession pressures though has since recovered.
MENTIONED IN THIS ARTICLE
Waltham, Mass
Steinway
Kohlberg & Co
Steinway Musical Instruments
Kohlberg
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New York Stock Exchange
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MLS
Aiken
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Bellsouth.net
Nance Dukes, M.ed
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Gregory Esselman
Patrick McMenamin
Aurora Place
Pets Pwt
Rite Aid
J.D. Power
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University Parkway
Denny Michaelis
Ins Agey Inc
Silver Bluff Road
State Farm
Home Office
Bloomington, IL
Aikenstandard.com
AL Center Pharmacy
Tsa Ed
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