Corporate cash-hoarding continues
Even as the economy improves, corporate America continues to pile up record amounts of unused cash, Bloomberg reports. Read more at Counterparties
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Yahoo shares drop, WSJ reports no deal with Microsoft
NEW YORK |
NEW YORK (Reuters) - Shares of Yahoo dropped more than 8 percent on Thursday after the Wall Street Journal reported that negotiations between the Internet media company and Microsoft Corp ended without reaching a deal.
Yahoo shares fell 8.2 percent to $24 on the Nasdaq.
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