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  • $3 billion deal to be approved by Shaw shareholders

    November 20, 2012 9:49 PM

    BATON ROUGE- Shareholders of Shaw Group Inc. (NYSE: SHAW) will meet to approve a merger with CB&I (NYSE: CBI). CB&I is buying the Baton Rouge-based Shaw for more than $3 billion. Shaw stockholders will get about $46 per share when the deal is closed. The meeting is set... more »
  • Facebook stock rebounds after dropping below $19

    August 20, 2012 3:33 PM

    NEW YORK - Facebook's beleaguered stock got an afternoon boost after hitting its lowest level ever earlier in the day. Facebook Inc. hit a new low of $18.75 before bouncing back to $20.01 by the time the stock market closed. That's up 96 cents, or 5 percent, for the day.... more »
  • Biggest drop of year for Dow as US market slumps

    March 6, 2012 11:01 AM

    U.S. stocks are down sharply at midday after steep losses in Europe. The Dow Jones industrial average is down 165 points. That is its biggest decline during a trading day this year. Just before noon EST, the Dow was down 1.3 percent to 12,798. The biggest decline for the Dow... more »
  • BP shares rising for second day

    June 11, 2010 10:41 AM

    BP shares on the New York Stock Exchange are climbing for the second day in a row despite new oil flow estimates that show the spill could be double what federal scientists previously estimated. Friday morning, BP's shares rose $1.35 to $34.13. The price began climbing Thursday after the... more »

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