Miami Lakes News
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Nintendo Co., maker of the Wii video- gaming system, won a U.S. appeals court ruling that makes it harder for patent-licensing companies to seek an import ban on products as a way to demand royalties.
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Bonds sold to finance Florida housing developments are being issued at the fastest rate in six years as investors seek extra yield from the municipal debt even as 85 percent of such securities have defaulted since 2008.
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BankUnited Inc., the Florida lender run by John Kanas, plans to stay independent instead of finding a buyer.
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Kinder Morgan Inc. is showing that big isn’t always bad in the world of leveraged buyouts.
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A coffin maker in West Virginia and a Colorado massage school have something in common: They were financed by unrated U.S. municipal debt that defaulted and lost investors money.
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BankUnited Inc., the Florida lender owned by investors including Blackstone Group LP , Carlyle Group and WL Ross & Co., filed to raise as much as $300 million in an initial public offering.
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A housing development for retirees in Chicago with about $229 million of long-term debt became the largest municipal bond default this year when it missed a Sept. 1 payment after occupancy failed to meet expectations.
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Time is running out on the credibility of Meredith Whitney, who has yet to acknowledge that her eight-month-old prediction of widespread defaults this year in the market for state and local government debt is proving unfounded.
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Two candidates in Miami-Dade County, Florida, sued to throw out more than 80,000 absentee ballots from an Aug. 14 non-partisan primary, citing a criminal investigation into whether more than 100 of the votes were collected illegally by so-called ballot brokers.
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A South Carolina toll road’s Chapter 9 filing last week is just the third municipal bankruptcy this year, suggesting that states and municipalities may be emerging from the recession.
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