NEW YORK (Reuters) – Comcast Corp, the largest U.S. cable service provider, denied a Web report on Wednesday that it had struck a deal to buy media conglomerate NBC Universal for $35 billion.
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NEW YORK (Reuters) – Citigroup completed the sale of its Japanese brokerage Nikko Cordial Securities to Sumitomo Mitsui Financial Group, one more step in the U.S. bank’s plans to shed non-core assets. NEW YORK (Reuters) – Beleaguered Bank of America Corp said Chief Executive Ken Lewis will retire by year’s end and his successor is yet to be determined, the bank announced late Wednesday. NEW YORK (Reuters) – Stocks fell on Wednesday after a surprising contraction in an index of Midwest business activity, but buying of technology bellwethers like Cisco Systems Inc at the end of a strong quarter limited losses. DETROIT (Reuters) – Penske Automotive Group said on Wednesday it has terminated discussions with General Motors Co to acquire the automaker’s Saturn brand. |
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