Judge blocks Coke Dr Pepper merger in bid to curb deals
A federal judge issued a preliminary injunction blocking Coca Cola from taking over Dr Pepper at 470 million dollars. The FTC argues the deal would lessen competition, noting Coca Cola holds 39 percent of U.S. soft drink sales while Pepsico seeks Seven Up.
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Barbara Rosenfeld
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Quotations by Wheat First Securities Over the Counter
The quotations provided by Wheat First Securities Inc are listed for over the counter trading.
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Market closes out month with decline
New York stocks end July with a small drop in quiet trading. The Dow falls 4.08 to 1775.31, completing July down 117.41 points, with NYSE volume at 112.66 million shares and the composite slipping to 135.89. Nasdaq climbs 0.54 to 371.37 while the AMEX index finishes at 261.56, down 0.12.
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