sábado, 31 de marzo de 2012

Business briefs


Marts up

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.

LA dreams

Billionaire Philip Anschutz is moving ahead with plans to build a $1 billion stadium in Los Angeles and lure two NFL teams.

Yahoo! cuts

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.

BNY lawsuit

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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Philip Anschutz, Nasdaq Composite, Brands Group, Dow Jones industrial, Yahoo!


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