Upper Saddle River News
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Sprint Nextel Corp. bondholders are at odds with shareholders from Leon Cooperman to John Paulson who’ve praised a takeover bid from Dish Network Corp. that may amplify the largest junk issuer’s debt load by 31 percent.
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Zinc fell in London, leading declines by industrial metals, as an unexpected gain in German unemployment stoked concern the euro-area debt crisis is weighing on regional economies.
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Lead rose for a second day in London and zinc gained for a third session after manufacturing expanded at a faster pace in China, the world’s biggest consumer of industrial metals.
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Gold rose for the third straight day amid speculation that central banks will continue stimulus measures to boost growth.
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U.S government debt, off to its worst start since 2009, is poised to turn around as global central-bank action fails to spur economic growth, according to James Keegan of Seix Investment Advisors LLC.
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The days of on-demand trash pickup are dwindling for residents of Millburn, the northern New Jersey community best known for The Mall at Short Hills, where Cartier diamonds meet Dior fashions.
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Copper rose in New York for the first time in four sessions on signs that manufacturing is gaining strength in China and the U.S., the two biggest users of the metal.
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Pearson Plc, owner of the Financial Times, intends to add 600 media and technology jobs in offices near its current operations in Lower Manhattan’s Hudson Square, Mayor Michael Bloomberg said.
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A Novartis AG pharmaceuticals unit was ordered to pay $250 million in punitive damages to a group of 5,600 female employees after losing a gender-bias lawsuit, the second largest verdict of 2010.
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Gold jumped the most in more than two months after European Central Bank President Mario Draghi said economic weakness in the region will continue, boosting speculation that policy makers will do more to revive growth.
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