US stocks ended their strongest quarter in more than two years. For the quarter, the Dow Jones industrial average rose 8.1 percent, the Standard & Poor’s 500 Index climbed 12 percent and the Nasdaq Composite jumped 18.7 percent.
Dunkin’ Brands Group priced a stock offering of 26.4 million shares at $29.50 a share. Including an overallotment for underwriters of 3.96 million shares, the Canton, Mass., doughnut and coffee chain will raise up to $896 million.
Billionaire Philip Anschutz is moving ahead with plans to build a $1 billion stadium in Los Angeles and lure two NFL teams.
Yahoo! will begin layoffs of thousands of employees next week and will announce a plan to restructure the company the week after that, according to AllThingsD. Yahoo! declined to comment.
Bank of New York Mellon must face a suit by an LA pension fund accusing the bank of overcharging for forex transactions, a judge ruled.
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