U.S. shares are expected to start Monday’s session on a soft note as investors take stock of last week’s healthy gains and brace for a flurry of heavyweight corporate earnings and a Chicago measure of business activity.


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Defense contractor Northrop Grumman Corp. has put its navigation systems unit on the auction block and it could sell for as much as $1 billion, the Wall Street Journal reported on Monday, citing people familiar with the matter.


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Merrill Lynch & Co. Inc., best known for its retail brokerage network, has also become a powerful player as an investment banker for companies looking to buy other firms or sell parts of their operations. Last week, the firm took on a new and potentially troubling role in the massive buyout of hospital chain HCA Inc.


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The Mideast crisis continues to top most of the morning dailies, with the leads shifting some. The Washington Post, Wall Street Journal’s world-wide newsbox, and Los Angeles Times all lead with the Israeli cabinet calling up between 15,000 and 30,000…


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Techbooks has expansion plans that would write its ticket to Wall Street and get it there in as little as a year.


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Blog: The Wall Street Journal reports (subscription required) that Verizon Wireless is launching a new phone that doubles as an MP3…


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Carl Bialik from WSJ writes “Expert videogame players, many of them teens, are forging professional careers as coaches, finding clients — many of them in their 20s or 30s — online, the Wall Street Journal reports. Some gigs pay $65 an hour. From the article: ‘Gaming-lessons.com says its youngest “Halo 2″ instructor is 8-year-old New Yorker Victor De Leon III — better known by his online gamer


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Blog: The Wall Street Journal reports that California-based SanDisk has agreed to buy Israel-based Msystems for stock currently valued…


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HONG KONG (XFN-ASIA) - China’s filling of its first-ever strategic oil stockpile will be a gradual process and should not affect global oil prices in a significant way, the Wall Street Journal quoted a senior Chinese government official as saying.


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