Speedy Traders in Talks On Tie-Up

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Two of the largest independent U.S. high-frequency-trading firms are in early merger discussions, as a downturn in trading opportunities has spurred cutbacks and tie-up talks among rivals

Dish Network Drops Pursuit of Sprint

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Dish Network said it isn't pursuing a new offer to buy Sprint Nextel and instead is focusing on its tender offer for wireless provider Clearwire.

Christie's Sale Is Solid but Lacks Sizzle

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Christie's London sold $100.4 million of Impressionist and modern art, including a $21.2 million Kandinsky, but the sale lacked the fever-pitch sizzle of similar sales in February and May.

Brazilian Firm Pulls IPO

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The planned initial public offering by Votorantim Cimentos of up to $4.73 billion would have been the second-biggest IPO in the world this year.

Amazon Vexed by Strikes in Germany

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An escalating labor dispute between Amazon.com and its German workforce threatens to undermine the online retailer's reputation and business model in its largest foreign market.

Lilly's Zyprexa Under Scrutiny

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Federal regulators are investigating the death of two people who received an injection of an Eli Lilly antipsychotic drug.

Maker of 'Candy Crush Saga' Plans IPO

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The publisher of the hit mobile game "Candy Crush Saga" has hired banks to pursue a U.S. initial public offering, according to people familiar with the move.

Royalty Pharma's Offer for Elan Lapses

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Royalty Pharma withdrew its request for a judicial review of Irish takeover laws following its foiled bid worth up to $8 billion for biotechnology company Elan, formally ending its pursuit.

Chrysler Bows to Jeep Recall

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Chrysler said it would recall 2.7 million Jeeps to strengthen the vehicles, reversing course after initially rejecting a regulator's request for the recall after a study found a higher rate of fire after collisions than other SUVs.

Loeb's Third Point Raises Sony Stake

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Investor Daniel Loeb's hedge fund Third Point has boosted its stake in Sony to 6.9%, ratcheting up a bid to convince the Japanese electronics giant to launch an initial public offering of its entertainment division.

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