Robert Duncan News
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Chambers of commerce representing companies such as Exxon Mobil Corp. and Kimberly-Clark Corp. are challenging Texas Governor Rick Perry and lawmakers to expand health care for the poor in the state with the highest percentage of uninsured people.
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Texas ’s Senate may try to end some business-tax breaks, sell government property and accelerate confiscation of unclaimed assets to raise $5.5 billion and avoid slashing education spending in the second-most populous state.
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Segro Plc climbed the most in more than six months after the U.K. real estate investment trust reported higher first-half earnings and said it will pay an unchanged dividend. Investors were concerned Segro would reduce the payout, Jefferies International analyst Robert Duncan said.
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Capital Shopping Centres Group Plc , Britain’s biggest mall owner, rose the most since it became publicly traded in 1992 after saying Simon Property Group Inc. may offer more than 2.3 billion pounds ($3.6 billion) in cash for the company.
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Capital Shopping Centres Group Plc owns nine of the biggest malls in Britain. That’s not enough for any analyst to recommend purchasing the stock.
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“The Passage of Power,” the fourth volume of Robert Caro’s acclaimed life of Lyndon Johnson, is among the finalists for the 2012 National Book Critics Circle Awards. Two of the earlier volumes have won the award.
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Capital Shopping Centres Group Plc, the U.K.’s largest specialist mall operator, joined four other European real estate investment trusts selling bonds this month, lifting the amount companies raised to almost $3.5 billion.
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Unibail-Rodamco SE, Europe’s largest publicly traded real-estate company, agreed to buy most of Germany’s second-biggest shopping-mall operator to gain a presence in Europe’s largest economy.
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Hammerson Plc, Britain’s third- largest real estate investment trust, said first-half profit excluding items was little changed as higher rents reduced the effect of disposals.
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Hammerson Plc , Britain’s third- largest real estate investment trust, said profit excluding items rose 12 percent last year as borrowing costs dropped and rents increased. The shares rose to a 27-month high.
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