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Tuesday, July 30, 2013

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07/30/2013
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Alcatel posts strong second-quarter, signs Qualcomm partnership
PARIS (Reuters) - Struggling telecom equipment maker Alcatel-Lucent surfed on strong growth in its key U.S. market to beat analysts' estimates and said mobile chip maker Qualcomm would buy a minority stake as part of a research partnership.
Community Health to buy Health Management for $3.9 billion
(Reuters) - Community Health Systems Inc , the second-largest for-profit U.S. hospital operator, said on Tuesday it would buy smaller rival Health Management Associates Inc for $3.9 billion to strengthen its base, as the country's healthcare system transforms under President Barack Obama's overhaul.
EU Commission to decide on Monte dei Paschi after summer: source
MILAN (Reuters) - The EU Commission will not take a decision on a restructuring plan for Italy's troubled Monte dei Paschi before the end of the summer, a Commission source told Reuters on Tuesday.
Lockheed, Pentagon reach deal on 71 more F-35s: source
WASHINGTON (Reuters) - Lockheed Martin Corp and the Pentagon have reached agreement on orders for the next two batches of F-35 fighter jets, a deal worth over $7 billion, a person briefed on the discussions told Reuters on Monday.
Publicis, Omnicom say major clients welcome merger
PARIS (Reuters) - The chief executives of Publicis and Omnicom said they had spoken to major clients about their planned merger and did not anticipate major problems with big advertisers defecting to rivals in the transition period.
Rhoen says regulator blocks Asklepios purchase of Rhoen shares
FRANKFURT (Reuters) - Rhoen-Klinikum said German antitrust regulators had banned rival Asklepios from taking a blocking stake of over 10 percent in Rhoen because Asklepios would not meet the conditions imposed by the watchdog.
Beijing Enterprises to buy 22 percent of China Gas for $1.1 billion
HONG KONG (Reuters) - Beijing Enterprises Holdings Ltd said on Tuesday it would buy from its parent company 22.01 percent of city gas pipelines operator China Gas Holdings Limited for HK$8.22 billion ($1.06 billion) to strengthen its position in the Chinese natural gas sector.
Hudson's Bay CEO bets big on department stores with Saks buy
NEW YORK/TORONTO (Reuters) - Richard Baker is doubling down on his attempt to revive big-name department stores with a $2.4 billion bid to buy Saks Inc, bringing the New York retailer into Canada and under the same roof as Lord & Taylor and Canada's Hudson's Bay.
South Korea's Samsung C&T wins $2 billion order in Saudi Arabia
SEOUL (Reuters) - Samsung C&T Corp said on Tuesday it had won a 2.19 trillion won ($1.97 billion) order to build part of the Riyadh Metro project in Saudi Arabia.
Interpublic CEO sees no need for major M&A
(Reuters) - Interpublic Group of Cos does not see a need for a major merger or acquisition following the merger announcement from bigger rivals Omnicom and Publicis , the No. 2 U.S. advertising company's chief executive said on Monday.
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