Assured Guaranty to Buy BlueMountain for $160 million

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Assured Guaranty to Buy BlueMountain for $160 million

Assured Guaranty Ltd. has agreed to take over BlueMountain Capital Management, the $19.3 billion money manager founded by Andrew Feldstein
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New York Times Stock Gets Pummeled After Disappointing Quarterly Results

Shares of the New York Times plunged 12 percent today after the newspaper publisher reported disappointing quarterly earnings after an unexpected slowdown in digital advertising. Shares of the New York-based publisher of the namesake newspaper …
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Pizza Hut plans to close 500 dine-in restaurants to focus on delivery, carry-out, CEO says

Pizza Hut’s parent company plans to close about 500 of the chain’s dine-in locations as part of a company push to focus on delivery, Yum! Brands CEO Greg Creed said in an earnings call last week. On the earnings call, which was delivered Aug. 1, Creed …
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Report: Leslie Wexner Says Jeffery Epstein 'Misappropriated' At Least $46 Million From Him

Topline: Billionaire Victoria’s Secret founder Leslie Wexner told members of his foundation Wednesday that indicted sex offender Jeffery Epstein “misappropriated” more than $46 million of his personal fortune while serving as his money manager, the Wall …
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Indian automaker looks to acquire Flint's Buick City site for new facility

Mahindra Automotive has signed a letter of intent to evaluate the former Buick City site in Flint. The Indian automaker hopes to acquire the site to build a new facility. Mahindra Automotive North America currently makes the Roxor off-road vehicle at its plant …
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