Bird in Regeneron's Hand Is Enough

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Strong Eylea sales sent Regeneron stock—and future expectations—ever higher.

Paring Sprint's Subscriber Gains

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Sprint’s fiscal first-quarter results showed better subscriber numbers and churn, but the company’s fundamental challenges remain.

Shire's Blind Test With Baxalta

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Shire is venturing into bigger, riskier deal making with its $31 billion unsolicited bid to buy U.S. biotech Baxalta.

Soros's Investment Chief to Depart

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Scott Bessent will start his own hedge-fund firm, with a $2 billion investment from Soros Fund Management.

New Rule to Lift Veil on Tax Breaks

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The Governmental Accounting Standards Board will require government officials to show the value of property, sales and income taxes that have been waived under agreements with companies or other taxpayers.

Chesapeake Energy's Moody Shareholders

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The market’s reaction to Chesapeake Energy’s dividend cut has provided a buying opportunity and potentially makes the company attractive to an acquirer.

Judge Rejects Proposed Settlement Between AmEx and Merchants

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A federal judge rejected a proposed $79 million class-action settlement between American Express and a group of merchants, citing a recent discovery that two opposing lawyers in the case had exchanged confidential documents.

Shire Mounts $30.6 Billion Bid for Biotech

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Shire made an unsolicited $30.6 billion offer for rare-disease treatment maker Baxalta, becoming the latest deal-hungry company refusing to take “no” for an answer amid the current deal boom.

Etsy Shares Fall, as Expenses Hamper Results

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Etsy Inc., an online marketplace for handmade and vintage goods, saw its second-quarter loss sharply widened, as higher expenses hampered results.

Obama Fed Pick Plans Unpaid Leave From Michigan Job

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Federal Reserve Board of Governors nominee Kathryn Dominguez said that if confirmed she plans to take an unpaid leave of absence from her job as a professor at the University of Michigan.

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