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Paul's Most Recent Article

European Stocks Rebound From Losing Streak; Big U.K. Deals

07/28/15 - 06:18 AM EDT

European markets were higher Tuesday as they rebounded from a five-session losing streak, buoyed by big-ticket deal news out of the U.K. and some strong results.

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Genworth Financial to Sell European Insurance Unit to France's Axa Genworth Financial to Sell European Insurance Unit to France's Axa

07/22/15 - 10:45 AM EDT

The $520 million deal ends Genworth's three-year search for a buyer for the business.

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European Stocks Threaten to End Winning Streak; Asian Stocks Gain European Stocks Threaten to End Winning Streak; Asian Stocks Gain

07/21/15 - 06:24 AM EDT

European markets look poised to end a nine-session winning streak on Tuesday, slipping into the red as investors turn their attention to the second-quarter reporting season.

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Alfa and Harbor Drop Takeover Bid for Oil Producer Pacific Rubiales Alfa and Harbor Drop Takeover Bid for Oil Producer Pacific Rubiales

07/09/15 - 09:20 AM EDT

Alfa and Harbor's bid had the support of Pacific Rubiales's board, but a major shareholder opposed it, and had rallied enough no votes to sink the deal.

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European Stocks Flat as Eurozone Meeting Weighs Greece's Debt Options European Stocks Flat as Eurozone Meeting Weighs Greece's Debt Options

07/07/15 - 06:24 AM EDT

European stocks paused for breath Tuesday, moving little as a eurozone emergency summit is deciding Greece's future.

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Canada's Brookfield Bids $6.8B for Australian Logistics Firm Asciano Canada's Brookfield Bids $6.8B for Australian Logistics Firm Asciano

07/01/15 - 09:13 AM EDT

Brookfield's bid underlines investor interest in Australian infrastructure assets, which are considered to offer stable returns due to the nation's strong economy.

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GE Will Hand the Keys to Its Car Fleet Business to Element, BNP Paribas GE Will Hand the Keys to Its Car Fleet Business to Element, BNP Paribas

06/29/15 - 11:30 AM EDT

General Electric will sell the bulk of its car fleet business to Canada's Element Financial and France's BNP Paribas, striking linked deals valuing the operations at about $10 billion.

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French Telecom Bouygues Rejects Buyout Bid from Rival Numericable-SFR French Telecom Bouygues Rejects Buyout Bid from Rival Numericable-SFR

06/24/15 - 10:00 AM EDT

French building and telecoms conglomerate Bouygues has rejected Patrick Drahi's $11.2 billion bid for Bouygues Telecom, citing a strong business outlook, potential job loses, and antitrust concerns.

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Drahi's Numericable-SFR Bids $11.3 Billion for Bouygues Telecom in French Phone Deal Drahi's Numericable-SFR Bids $11.3 Billion for Bouygues Telecom in French Phone Deal

06/22/15 - 11:10 AM EDT

The unsolicited offer would make Numericable-SFR France's largest wireless service provider, but the deal is likely to face government and antitrust authority opposition.

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Chinese Junk Bonds: The Red Badge of Investing Courage Chinese Junk Bonds: The Red Badge of Investing Courage

06/22/15 - 10:12 AM EDT

Chinese junk bonds' unusually high yields reflect that nation's poor corporate governance and unpredictable risks. Now, with Beijing retreating from its tacit guarantee of such debt, they're looking much riskier.

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