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Bank of America seeks to restore trust in IPO market

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A string of troubled initial public offerings in Europe has pushed Bank of America Merrill Lynch to draw up a set of new guidelines to improve the listing process and restore confidence between sellers and buyers.

World commercial property Q2 sales up 47 percent: study

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Global commercial real estate sales rose 47 percent in the second quarter from a year earlier to $101 billion and are on track to reach or top $440 billion for the year, according to a report by real estate services firm Jones Lang LaSalle Inc .
News Corp's Chief Executive Murdoch and his wife arrive at the White House Correspondents' Association dinner in Washington

Murdoch May Be Forced to Unload UK Papers

The beleaguered News Corp., burdened by an ever-worsening scandal regarding illegal phone-hacking, may be forced to unload its remaining newspapers in Great Britain, according to Rupert Murdoch’s biographer.
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Battle of the Superphones: Samsung Galaxy S2 vs. Motorola Droid Bionic

Two of the most talked-about smartphones right now apart from the iPhone5 are Samsung's Galaxy S2 and the Motorola Droid Bionic. Both Android devices from Samsung and Motorola are offering quite blazing performance at the hand of dual-core processing power. But, there still could be a thing or two that would make you choose one over the other.
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Major News Corp investor: stock still undervalued

The UK telephone hacking scandal that closed the News of the World newspaper and put News Corp's deal to buy the rest of broadcaster BSkyB in doubt will have little impact on cash flows at Rupert Murdoch's media empire, a major shareholder said on Monday.
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Wall Street records worst day in a month, VIX jumps

Stocks suffered their worst day in nearly a month on Monday as concern about the stalemate in U.S. budget talks and growing debt problems in the euro zone prompted investors to hedge against further losses.
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Wall Street posts worst day in a month, VIX jumps

Stocks suffered their worst day in nearly a month on Monday as concern about the stalemate in U.S. budget talks and growing debt problems in the euro zone prompted investors to hedge against further losses.
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NOTW accused of targeting UK royals

The News of the World newspaper bought contact details about Britain's royal family from a corrupt policeman and detectives have warned Prince Charles the tabloid might have hacked into his phone, media reported on Monday.
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Former UK PM Gordon Brown's phone hacked: report

News International journalists repeatedly tried to hack into the phone of former British Prime Minister Gordon Brown, the Guardian and Independent newspapers reported on their websites Monday.
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News Corp Sued by Shareholders Over Phone-Hacking Scandal

News Corporation shareholders sued the Rupert Murdoch-owned company Monday accusing the board of “failing to exercise proper oversight and take sufficient action since news of the hacking first surfaces at its subsidiary nearly six year ago.”
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Core BSkyB investors bet on rebound as others flee

A core of large investors in BSkyB is planning to stick with it regardless of the outcome of a bid by Rupert Murdoch's News Corp to take it over -- now hanging in the balance -- and as others dumped the shares on Monday.

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