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DOJ Probes Del Monte Sale for Antitrust Violations

The Department of Justice has opened a probe into the $4 billion takeover of Del Monte Corp by private equity investors led by KKR and Co (KKR.N), according to court papers regarding an investor settlement over the transaction.
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Optum Likely to Drive UnitedHealth's 2012 Growth: Analyst

Wedbush Securities said UnitedHealth Group Inc. (NYSE: UNH) expects earnings growth in 2012 but flat or declining Commercial and Medicaid earnings; this implies strong Optum and Medicare Advantage growth will drive 2012 earnings growth.
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BofA Reaches Settlement in Countrywide Case

Bank of America Corp (BAC.N) has reached a settlement with former Countrywide Financial Corp institutional investors who decided not to join a $624 million class-action case that won court approval in February.
San Francisco may expand ban on plastic bags

San Francisco Ban on Plastic Bags Set to Expand

Think before you say next time Double Bag It during shopping - for it could cost you more than what you think. If San Francisco's Board of Supervisors have its way, a legislation would soon be enforced that would expand the city's restriction on checkout bags to include all retail stores and restaurants and customers would have to pay for each bag the business establishment provides.

AT&T, T-Mobile Merger: Effects on Small Carriers Unclear

Small wireless carriers, such as U.S. Cellular and MetroPCS, provide low-cost alternatives to companies such as AT&T and Verizon. However, companies and industry experts are split on how the AT&T/T-Mobile merger will affect the smaller companies.
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Calif. court weighs in on retiree health benefits

The California Supreme Court declined to give local governments carte blanche to hike health premiums for retired workers, saying on Monday that retirees could have a right to such benefits in some circumstances.
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Power Balance Bracelet Company Files For Bankruptcy

Power Balance, the company that sold plastic wristbands with claims of health benefits has filed for bankruptcy, according to reports. Litigation against Power Balance forced the company to file for Chapter 11 protection under the U.S. Bankruptcy Code last week, Power Balance representatives said.

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