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Kenneth Griffin, Founder, President and CEO, Citadel Investment Group LLC, speaks during the "Financial Recovery: When and How?" panel at the 2009 Milken Institute Global Conference in Beverly Hills, California April 27, 2009. REUTERS/Phil McCarten

Citadel funds rebound 60 percent 12:32pm ET

Citadel's flagship hedge funds are up nearly 60 percent this year, according to sources. That performance earns back much of 2008's massive losses but still leaves the firm deep in the hole as it pursues money for four new funds.  Full Article 

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As of the Targets' latest trading prices (delayed by at least 15 minutes)
Target: 3Com Corp (USA)
Acquirer: Hewlett-Packard Co (USA)
Spread: 6.0402727% 
Target: Advent Capital Holdings Plc (GBR)
Acquirer: Fairfax Financial Holdings Ltd (CAN)
Spread: 5.101426% 
Target: Affiliated Computer Services Inc (USA)
Acquirer: XEROX CORP (USA)
Spread: 4.4846287% 
Financial woes seen limiting U.S. economic rebound 2:53pm EST

NEW YORK (Reuters) - The U.S. banking industry may have pulled back from the brink, but finance executives say they still face hurdles that will tighten credit and delay an economic rebound.  Full Article 

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