NEW JERSEY

Merck's Pricing of AIDS treatment in Mexico is criticized

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An AIDS healthcare foundation urged Merck executives to change the company's pricing and access policies as it announced a new campaign in advertisement that criticizes an increase of up to six times the price of its AIDS drug Stocrin in Mexico and other middle-income countries.
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Honeywell Buys Metrologic for $720 Million

Honeywell International Inc. a diversified technology and manufacturing company said on Monday that it will buy Metrologic Instruments Inc. for $720 million and the company will merge with Honeywell's Automation and Control Solution business.
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Wall St slides as economic gloom builds

Stocks fell on Friday after data pointed to more deterioration in the economy and the largest loss in insurer American International Group Inc's history signaled the worst was far from over for the beleaguered financial sector.Benchmark indexes sank to session lows after two widely watched surveys indicated U.S. consumer sentiment was at its lowest in 16 years and Midwestern business conditions were the weakest in more than six years.
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A Super Tuesday showdown in 24 states

Voters in 24 states make their choices in an unpredictable U.S. presidential campaign on Tuesday, with Democrats Barack Obama and Hillary Clinton in a close fight and Republican John McCain aiming for a knockout blow against Mitt Romney.
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Amazon Buys Audible for $300 Mil

Amazon.com said Thursday it will buy Audible, a digital audio books provider, for $11.50 a share as in move to expand the online retailer's audio downloads available to users.
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Hollywood's MGM strengthen HD channel with Verizon FiOS TV

Metro Goldwyn Mayer Studios Inc. (MGM) on Wednesday revealed that it acquired a carriage for its MGM HD Channel on Verizon's FiOS TV service enabling it to transfer feature film hits from the MGM library to Verizon FiOS TV subscriber households in full high definition.
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Citigroup's Record Loss Forces $18 Bln Writedown

Citigroup Inc., the nation's largest bank by assets, reported the company's biggest quarterly loss and slashed dividends on Tuesday as loan defaults in recent quarters forced it to write down the value of subprime-mortgage investments by $18 billion.
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MySpace Tightens Safety Measures

Under growing pressure from law enforcers and parents, MySpace agreed Monday to implement several security measures to protect young users from sexual predators and bullies.
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E-books read well, but readers prefer paper

The number of people subscribing to newspapers may be shrinking as they flock to the Internet, but electronic book readers won't shred the market for ink, paper, glue and binding anytime soon.
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Winter storm pounds northeastern U.S.

A snowstorm that blanketed parts of the Midwestern United States barreled into New England on Sunday, bringing snow, freezing rain and high winds that grounded flights and made driving treacherous.
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Private sector adds 189,000 jobs in Nov: report

Private employers added 189,000 jobs in November, a report by a private employment service said on Wednesday, much higher than market expectations and the biggest monthly increase in a year.
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Subprime plan could lift stocks

Wall Street's rebound from its first full-fledged correction in more than four years could continue this week if investors believe a plan to keep millions of Americans from losing their homes can work.
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Market rallies on subprime aid plan

Stocks rose on Friday on a report the U.S. Treasury will soon unveil a plan to help stem the subprime mortgage crisis and on comments by Fed chief Ben Bernanke that added to expectations of an interest-rate cut.
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Retail, wealth ops fuel TD Bank profit rise

Toronto-Dominion Bank, which plans to acquire New Jersey-based Commerce Bancorp early next year, posted a 44 percent jump in fourth-quarter profit on Thursday thanks to strong results in its wealth management and retail banking businesses.
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Ford agrees to settle some rollover cases

Ford Motor Co has agreed to settle class-action litigation covering plaintiffs in four states who claimed its Explorer sport utility vehicles were prone to rollovers, Ford said on Wednesday.
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Dow leaps 300 points on rate cut hopes

Stocks charged ahead on Wednesday as hopes for an interest cut by the Federal Reserve boosted financial services companies for a second day, while falling oil prices eased fears of higher energy costs. The surge put Wall Street on track for its biggest two-day advance in 4 1/2 years. Fed Vice Chairman Donald Kohn said renewed financial market turmoil could slow the economy more abruptly than previously thought.

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