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Oil’s Advance Halts as Market Awaits U.S Stock Pile Data and Brexit Poll

Oil’s Advance Halts as Market Awaits U.S Stock Pile Data and Brexit Poll

The oil's advance came to a halt close to $49 per barrel as markets are waiting for U. K's referendum on 'Brexit' and the weekly data on U. S. stockpile.

 

Kimco Realty Corporation Shares Climbed 0.21 Percent Last Week

Kimco Realty Corporation Shares Climbed 0.21 Percent Last Week

Kimco Realty Corporation, the real estate investment trust based in New Hyde Park, New York climbed 0.21percent last week. In the past four weeks, it has advanced 7.4 percent.

 

Xerox Corp Names the Two Companies that will Result After it Splits

Xerox Corp Names the Two Companies that will Result After it Splits

In an announcement on Thursday, Norwalk, Connecticut based Xerox Corp. gave out the names of the firms which will be created after separation into two publicly traded companies is completed.

Revlon Inc Acquiring Elizabeth Arden in $420Million Cash Deal

Revlon Inc Acquiring Elizabeth Arden in $420Million Cash Deal

New York based, personal care, skin care and fragrance company Revlon is buying Miramar, Florida based Elizabeth Arden in a $420Million cash deal.

Billionaire Ron Perelman's Revlon Inc., the makeup company will acquire Elizabeth Arden Inc. for $14 per share. It will add celebrity fragrances along with many other products to Revlon's array of cosmetics.

Rep. Jeb Hensarling wants to Undo Most of Dodd-Frank Act

Rep. Jeb Hensarling wants to Undo Most of Dodd-Frank Act

It seems Chairman of the House Financial Services Committee, Rep. Jeb Hensarling, R-Texas is looking forward to completely doing away or changing significant parts of some financial regulations that were passed by Congress before the 2008 financial crisis. The changes include the Dodd-Frank Act, the Democrats' signature legislation.

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