Pharmaceutical giant acquires biopharmaceutical researcher in move to diversify beyond current blockbuster drugs. Schering-Plough shares soar 14 percent; Merck dips 7.7 percent.
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Financial services giant and South Korean mobile leader pump $16 million into mobile banking startup hoping to crack the sluggish but lucrative U.S. market. But first they will tackle Hong Kong.
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The week of May 16 lists a couple of carryovers and two fresh faces—Citi Trends and Boise Cascade.
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