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The Galveston County Daily News : Business

September 2, 2014

Business

Top Story

1-800-FLOWERS buying Harry & David for $142.5M

CARLE PLACE, N.Y. (AP) — 1-800-FLOWERS.COM Inc. is buying Harry & David for $142.5 million to help broaden the assortment of foods that its customers can choose as gifts.

  • icon Posted: September 02

Latest Headlines

Tuesday 09/02/2014
US home prices rose at slower pace in July
Posted: September 02, 2014

WASHINGTON (AP) — U.S. home prices rose in July but at a slower rate compared with earlier this year. The moderating price increases could help support sales.

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Norwegian to buy luxury cruise operator Prestige
Posted: September 02, 2014

NEW YORK (AP) — Norwegian Cruise Line is getting into the luxury cruise business by acquiring Prestige Cruises International in a deal worth about $3 billion.

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Dominion, Duke to build $5B natural gas pipeline
Posted: September 02, 2014

NEW YORK (AP) — Dominion Resources, Duke Energy and other partners have proposed building a $5 billion natural gas pipeline to connect the Southeast with the prodigious supplies of natural gas being produced in Pennsylvania, Ohio and West Virginia.

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US home prices rose at slower pace in July
Posted: September 02, 2014

WASHINGTON (AP) — U.S. home prices rose in July but at a slower rate compared with earlier this year. The moderating price increases could help support sales.

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Revel casino goes dark after just 2 years
Updated: September 02, 2014 - 8:00 am

ATLANTIC CITY, N.J. (AP) — Revel Casino Hotel opened with a bang a little more than two years ago amid high hopes of turning around Atlantic City's struggling casino market.

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Shares mostly rise while dollar gains on euro, yen
Updated: September 02, 2014 - 8:00 am

TOKYO (AP) — World stocks were mostly higher Tuesday as investors awaited central bank meetings later this week in Europe and Japan as well as U.S. employment figures. The dollar extended its rally against the euro and the yen on expectations the Fed will be the first major central bank to raise interest rates.

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Select Income REIT adds to portfolio in $2.7B deal
Posted: September 02, 2014

NEWTON, Mass. (AP) — Select Income REIT will spend about $2.7 billion in cash and stock to buy Cole Corporate Income Trust in a deal that adds 64 office and industrial properties to the real estate investment trust's portfolio.

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Moelis & Co. names Cantor as vice chairman
Updated: September 02, 2014 - 8:00 am

NEW YORK (AP) — Former House Majority Leader Eric Cantor is joining investment bank Moelis & Co. as vice chairman and managing director.

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