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Wall Street hits new records, but telecom weighs on Dow

NEW YORK - U.S. stocks rose on Monday, with major indexes hitting fresh records on the back of multiple merger deals and hopes that China will take further accommodative monetary policy action.

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Visteon eyes $3.6 billion sale of South Korean unit: reports

SEOUL - U.S. automotive parts maker Visteon Corp has signed a preliminary deal to sell its controlling stake in South Korea's Halla Visteon Climate Control Corp to a local private equity firm for $3.6 billion, Korean media reports said.

Deals, South Korea 7:47am EST

Strategist Bernstein sees more equity gains, likes high-yield munis

NEW YORK - Longtime Wall Street strategist Richard Bernstein hasn't quite gotten used to investors' reactions when he tells them his favorite asset class for 2015 is the same as in 2014 - high- yield municipal bonds.

1:02pm EST

Carlyle seeking $5 billion for fund with longer life: Bloomberg

- Private equity firm Carlyle Group LP is looking to raise about $5 billion for a fund that can hold stakes in companies for as long as 20 years, Bloomberg reported.

7:59am EST

Stalled Greek bailout talks to resume in Paris on Tuesday

ATHENS - Greece's government will resume stalled talks with EU/IMF lenders in Paris on Tuesday, as Athens pushes to conclude a review by inspectors so it can make an early exit to an unpopular bailout program.

IMF, Greece 2:24pm EST

Two more deaths identified by GM ignition-switch program

NEW YORK - Two additional deaths have been attributed to a faulty ignition switch in General Motors Co vehicles, bringing the total to 35, according a report on Monday from the lawyer overseeing a program to compensate for deaths and accidents linked to the part.

U.S., Arts 11:22am EST

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