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BlackRock buys back more shares from BofA

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BlackRock Inc said on Thursday that it was buying back all of its shares owned by Bank of America , ending a long-term ownership relationship that helped BlackRock to grow into one of the world's biggest asset managers.

Conde Nast to anchor World Trade Center tower

Conde Nast Publications, supplier of magazines such as Vogue and Vanity Fair, have reached an agreement that will house 5,000 employees at 1 World Trade Center, giving Ground Zero a much-needed corporate anchor.
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New York aims to be the Next Top Digital City in America

Through official partnerships with Twitter, Facebook, and NY-based startups Foursquare and Tumblr, New York City aims to be the top digital city in America. The city's first chief digital officer, Rachel Sterne, joined Mr. Bloomberg in presenting the Road Map for the Digital City, and how to expand its online presence.
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Nasdaq, ICE pull NYSE bid, cite regulators

Nasdaq OMX Group Inc and IntercontinentalExchange are withdrawing their bid for rival exchange NYSE Euronext, saying it became clear they would not win approval for the deal from the Department of Justice's antitrust division.
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AIG stock sale draws initial investor interest: report

Underwriters for the planned $9 billion stock sale by American International Group Inc and the Treasury have indications of interest from investors for about half the offering, the Wall Street Journal reported on Sunday, citing people familiar with the matter.
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Macy's outlook rosy as middle-class returns

Macy's Inc reported a higher quarterly profit and said it expects a continued upswing in sales and profits for the rest of 2011, reflecting the improving fortunes of middle-class shoppers, its core customers.
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Nasdaq CEO vows hostile bid for NYSE in weeks

Nasdaq OMX Group Chief Executive Robert Greifeld, unbowed after NYSE Euronext twice rejected his takeover offer, is pressing forward with a hostile bid for the Big Board parent, promising to launch a tender offer within weeks.
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Utilities advance market as leadership shifts

Stocks rose for a third day on Tuesday, led by utilities and other defensive sectors that may drive further gains as investors bet on profit growth and set aside concerns about weakening demand.
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Utilities lift Wall Street as leadership shifts

Stocks rose for a third day on Tuesday, led by utilities and other defensive sectors that may drive further gains as investors bet on profit growth and set aside concerns about weakening demand.
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AIG shares hit fresh lows, threaten U.S. losses

Shares in bailed-out insurer American International Group fell to their lowest levels in nearly eight months on Monday, potentially moving them into loss-making territory for the U.S. Treasury.

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