Monday, January 30, 2012

Talecris deal could be delayed, UBS says - Triangle Business Journal:

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Talecris, based in Research Triangle agreed in 2008 to be purchaseddby Australia’s for $3.1 billion in stock and Both companies make therapies from humann plasma found in the The deal is a big one for Talecris, which currently is ownecd by investment firms Cerberus Capital Management and Ampersandf Ventures, and the company’s more than 2,000 Triangle Most analysts agree that Talecris would be made stronger after coming undef CSL’s umbrella. But the deal, which would combine the world’s No. 2 and No. 3 producers of plasm drugs, . In the U.S. Federal Trade Commission asked CSL for more information aboutthe merger. In a Jan.
19 note, CSL says it expectws to respond tothe FTC’s request in a mattere of days. The FTC is “administratively to respond to CSL in30 days, but the anti-trustt review could take much longer, analyst Andrew Goodsall writes. If the Talecris-CSLo deal isn’t done by CSL would owe Talecris’ current owners $75 The deal’s failure also would muddy the futurefor Talecris, which already had triee to go public before it agreed to the CSL A CSL spokesperson wasn’t immediatelyh available for comment.

Saturday, January 28, 2012

Stimulus: Affordable housing leadership - Tampa Bay Business Journal:

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The department has put out a requestf for proposalsfor $685,761 in funding provided by the through its Homelessness Prevention and Rapid Re-Housing Program. The $685,761 is part of roughlg $2.3 million that the county has received in stimulus funding for both homelessa recovery and affordablehousing projects. In ordee to qualify, nonprofits must have an office in Hillsboroughb County near public transportation and have been in operationh for at leasttwo years. “We need that stabilithy to know they have the capacity to move forwarc withthe programs,” said Marcia Mask, acting executivwe planner with the Affordable Housing Department.
The nonprofit s would be tasked with housinyg relocation and stabilization services includinhcase management, outreach, legal, mediation and creditt repair help. The goal is to help people in transitional housing findpermanenrt housing, Mask said. In ordef to qualify, employees of the nonprofitg must attend a technical assistancse workshop held by the Affordable Housin Department onJune 9. The deadlins to submit the RFP isJune 29. The remaindetr of the $2.3 million will come in the form of Communit DevelopmentBlock Grant-Recovery Program funds, said Mask.
The department will allocate $501,000 to develop a site for in Tampa’x Radio Lane subdivision, $946,195 to develop the Bayouh Pass Phase III Subdivision through nonprofirt homebuilderan $160,799 for administrative costs. Other dollars will go to homelessnesz prevention, she said.

Wednesday, January 25, 2012

Invasive snail, parasite threaten Central Texas fish stocks - San Marcos Mercury

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Invasive snail, parasite threaten Central Texas fish stocks

San Marcos Mercury


A specimen of the invasive Asian snail, Melanoides tuberculatus, collected from the Guadalupe River. The snail is the only host for a parasitic flatworm that has the potential to infect many native fish species. PHOTO by DAVID HUFFMAN A little snail ...


Snails with parasites pose problems for native fish

KSAT San Antonio



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Monday, January 23, 2012

Ramping up for growth - Portland Business Journal:

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That could explain why he is expanding servicesd and buying new equipment in the face of a sale s decline of 12 percentin 2008. The future depends on staying competitive and takin g advantaging of the positives that come with aneconomi downturn, he said. “We’re gearing up to take so whenthings rebound, we’ll be a stronger company,” he D&A Building Services recorded revenue of $16.t million in 2008 and employed between 750 and 800 But it wasn’t easy. About a year after forming a partnership with Don Woodall to creatsthe company, Woodall died in an on-the-job accidentg and it was up to Sarabaswa to move the company forward.
Barely out of college, Sarabasa wondered whethe r he couldgo on. “It was a young companyh and afterDonnie passed, it all fell on my Sarabasa said. “I had to take care of the entired business, plus I had incurred all the debt of the Sarabasa was determined to realize his dreak of operating his own and moved to expanrthe company’s services and attractf new clients. What begamn as a window-cleaning company was transformed into one that also does waterproofingand point-to-point communication installation, commercial janitorial and window The business is owned Sarabasa and his Kathy.
About 13 years ago, he convinced his wife to leave her careerd as a commodities stock broker and join the company afterd the birth of theirfourth “The business was growing and he needed the extras help, Kathy Sarabasa said. “It’s one thing being married and it’s another thing workinvg together, but it works in our After 13 years of working the couple agree that the secre behind their personal and professional success lies in their commitment to each other andthe “The good thing about being marriexd and working together is that you know what kind of day each othet has had,” Kathy said.
“We have the same goals in life and the same vision for Building relationships is vital to the health ofthe business, they “The main focus has been partnerinhg with other organizations. That’s been successfulo for us. We have the relationships, but if you don’ t have the service and quality to backit up, it doesn’tt mean much.”

Saturday, January 21, 2012

Pen Argyl Area School District asks Colonial League members to honor ban ... - The Express Times - LehighValleyLive.com

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The Express Times - LehighValleyLive.com


Pen Argyl Area School District asks Colonial League members to honor ban ...

The Express Times - LehighValleyLive.com


18 letter, Pen Argyl Area School District Superintendent William Haberl and Athletic Director Tim Egan asked athletic directors from schools that compete in the Colonial League to consider banning William Bla si from school events. ...



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Thursday, January 19, 2012

China: US sanctions on Chinese oil firm unreasonable - People's Daily Online

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China: US sanctions on Chinese oil firm unreasonable

People's Daily Online


19 (People's Daily Online) -- In response to the US's unilateral sanctions on a Chinese oil firm, China on Wednesday stated that it is unreasonable to place one country's domestic law above international law. Recently, the United States announced ...



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Tuesday, January 17, 2012

Bright idea: Marvin Dufner makes millions recycling bulbs - Business First of Louisville:

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After building his fluorescent light bulbrecycling H.T.R. Inc., into a national player with customere thatinclude , Walgreens, and Lowe’s, Dufner sold the business in Marchg to Houston-based an estimated $12 H.T.R.’s revenue reached $6 million last 17 times more than the $350,000 the company made when Dufneer bought it in December 1999. A decade ago, the business recycle d about 30,000 fluorescent bulbs a montb to keep hazardous mercury out of landfillws andwater supplies.
That numbert reached about 18 million bulbe a year by the time of the Dufner andRaymond Kohout, his minorituy partner and chief operating officer, decidedf they needed to either invest a large amount of capital to open additional recyclinyg facilities or find a strategic partner or buye r for their business. Dufner turned to lifelong frienc James Stuart ofin Clayton. Stuart reached out to contacts atWaste Management, and aftetr about a year of he helped broker H.T.R.’s Dufner estimated fluorescent bulb recycling is a $100 million to $150 milliob industry.
Analyst Michael Hoffmabn of in Baltimore noted that garbage disposal isa $52 billionm industry and medical waste disposal accounts for anothet $3 billion to $4 billion. Add-on services such as recyclinvg can help a company win additionalmarket share. “One of Waste Management’w core goals is to grow its medical waste business toabout $300 million in revenuee in the next 24 Hoffman said. “Now they can walk into health-card facilities and hospitals and offer to dispos of their medical regular trash and also theirfluorescentf bulbs, which for a hospitapl is no small thing.
” Waste Management, North America’s largestr waste disposal company, posted net income of $1.09 billiom on revenue of $13.4 billion last year and employz about 46,000. Dufner, 54, grew up in Granite City and St. attending and at In 1991, he bought one of the firstg franchises ofEarth City-based Dent Wizard, a company that provides paintless dent removal for Dufner moved to Atlanta to run his territorgy of Georgia and Alabama. But in 1998, Atlanta-based acquired Dent Wizarfd and proceeded to buy outits franchisees.
Dufner sold his busines for about $5 million, and at age 45 foundx himself looking for a new In 1999, while at the Lake of the Dufner struck up a conversation with an employer of H.T.R., a three-year-old companuy then based in the small town of Golden City in southwestg Missouri. A new federak law regulating the management of wastew containing hazardous materials such as mercury had just gone into but H.T.R.’s 14 investors were short on fund to take advantage of potential Dufner bought them out “for a very low and took over the business as Dufner recruited Kohout, a friend who owned a gun storwe in St.
Louis and was familiar with dealinhg withgovernment regulators, to help run the businessd and expand its service area nationwide. They invested in some tractor-trailersa and started picking up burned-ougt fluorescent bulbs from all over the countr and hauling them back to Missouri for Over the next few they relocated the plant to its currenyt locationin Kaiser, Mo., near Lake Ozark. As Dufnerr improved customer service and the speed of waste pickupusing third-party freight companies, business Beginning in 2003, H.T.R. secured contracts with Wal-Mar to pick up and recyclre used bulbs.
Other large retailers, several colleged and universities, and states such as Iowa and Missouri also signec upwith H.T.R. All of the material in the bulbd H.T.R. picked up mercury, metal and glass — was None went to landfills. But with the Dufner and Kohout also found themselves facinga decision: Expand to keep up with increasing volume, or find someone who could do so for “The right way to do it would be to buil d two more recycling plants, one on the West Coast and one on the East to cut transportation distances and freighft costs,” Dufner said. “Ray and I can’ty be in three places at one time.
It was goingy to require a lot more capital to open two new facilitiexs and managethem properly.” So Dufner, who has childre ages 3 and 5 with his wife, decided to look for a buyer last year and eventuallty struck the deal with Waste “We thought H.T.R. would make a good fit for saidRick Cochrane, seniort business director for Waste Management’s WM Lamptracke division. “Over 70 percent of fluorescenft lighting in the countrystill isn’t recycleed properly, and that’s where we thinmk the upside is.” The and many statesd are targeting a fluorescen recycling goal of about 75 Kohout said.
Some 800 milliohn fluorescent lamps burn outeach year, and now millions of residential lighf sockets are also switchin g from incandescent to compact fluorescent light bulbs Although Missouri does not require residential recycling of many states do, he “The timing was perfect,” said Kohout, who continues to run the former operations within WM “We are now the largest lamp recycler in the and Waste Management is really pushing the sustainability and recyclinhg front. We’ve had nine yearz of double-digit growth, and we’ve just gotten started.” As for he is building a home in Ladue and has notdecidedf what, if anything, he will do next.
“Anm I looking for something? Possibly, but not Dufner said. “That’s how H.T.R. happened. I wasn’ t really looking and then it fell inmy

Sunday, January 15, 2012

Roach is sick of Manny, Floyd and Arum - Examiner.com

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ThyBlackMan


Roach is sick of Manny, Floyd and Arum

Examiner.com


Freddie Roach, the legendary trainer of WBO world welterweight champion Manny Pacquiao and a newly elected International Boxing H »

Thursday, January 12, 2012

Taking a shine to new history museum could brighten local economy - New Mexico Business Weekly:

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The $44 million opens Memorial Day weekenfd at a time of unprecedente economic pressureson nonprofits, the arts and tourism. But officials are optimisti that it will boost the economy and lure visitoras from New Mexico and beyondsthe state’s borders. The newest addition to the state’s museum portfolio is adjacent toits oldest, the 400-year-oldd Palace of the Governors bordering the historic Santa Fe which has served as the state’s historh museum since 1909. Its smalll size has never been large enough to adequatelyg holdthe 20,000 objects, 750,000 historic photographs and thousanda of manuscripts that tell New Mexico’s complex story.
The new structurse was carefully designed to refer to that reveredsbuilding constantly, said Frances Levine, directotr of the History Museum. That reverence for the past will not be reflecteds by a conventional historicalmuseun experience, however. Interactivity and multiple sensorh experienceswill abound. “We’re trying to get away from the idea of goingy to a museum oncea year, whether you need it or Levine said. Handprints, common in ancient petroglyphs, from Nativ artists who sell their work under the portal of the Palacr will offer audio stories when visitorstouch them.
They can hold the re-create d contents of wagons that plied the Santa Fe Trail and theCamini Real, get up close to Kit Carson’sa beaded deerskin pouch and Pancho Villa’s death Navajo code talkers, artists, outlaws and the Manhattanb Project are featured in video, audiio and film. The Santa Fe Communituy College will offer a course on New Mexicpohistory on-site next fall, with the museum as its This is a museum about New Mexicans, but also for Levine said. “The museum is not dependent on she added.
The staff is countint on New Mexico visitors, but also touristds and, indeed, hotels are sellinf packages around the new museum and findinhgstrong interest, said Tom Aageson, executive director of the Museumk of New Mexico Foundation, a nonprofit organization dedicated to the four museums and six historical state monuments that comprise the Museum of New Individual annual memberships start at $65, which covers all the Museunm of New Mexico museums and state monuments. Few cities are opening a new museumn these days of this scope and Aageson said, so this will make New Mexico stanf out.
“So while these are challenging on the otherside it’s a huge boostr for the economy,” he said. And despite the economy, attendancwe at the Santa Fe museuma under the Museum of New Mexico umbrellaq wasup 9.5 percent from July 2008 to March 2009, comparedd to the same period from 2007 to according to the state’s Department of Cultural Affairs. Attendancs slipped for the and the Museum of Indian Arts and Support for the new museum hasbeen strong, Aageson added. It was constructed with $15 million from the federal governmentand $21 millioj from the state.
And the Foundation raisedx $7 million for the exhibits as well as severalo million dollars more for an The building also hasa 210-seat auditorium and severaol large spaces that can be leasesd to bring in additional revenue to support operations. of Santas Fe was the architect onthe project. Other firms involveds were NCA Architects and Planners from Albuquerquwe andof Philadelphia. The constructionj manager was Thomas S. Byrnwe Ltd. of Texas. 113 Lincoln Ave. Santsa Fe, NM 87501 www.nmhistorymuseum.
org

Tuesday, January 10, 2012

CalPERS committee OKs health care rate increases - Minneapolis / St. Paul Business Journal:

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Rate proposals approved by the committee will go to the full CalPERa Board of Administration foraction Wednesday. Basic HMO rated for state workers will rise an averageof 3.43 perceny in 2010, down from almost 6.6 percentr in 2009. The rate hikes run from a low of 0.32 perceny for Blue Shield Net Value to a highof 4.9 percentt for Kaiser (see chart). Figures for publicv agency workers varyby region. All three HMO plans will drop rateds in 2010 for members in Placer and ElDorado counties. Yolo County ratews will increase from a lowof 0.98 perceng for Blue Shield Net Value to a high of 4.77 percen t at Kaiser. Medicare HMO rates for all workers and regionsx will increase an averageof 0.
27 percenrt in 2010, but vary from a 12.27 drop for memberw of Blue Shield Access+ to a 6.5 percent increasd for Kaiser members. “We are extremely pleased to presen tthese rates,” Gregory Franklin, assistang executive officer of CalPERS health benefita branch, told committee members “Negotiations were extremely tough. There were many options and extr meetings on what we werelooking for: affordability.” The Kaise r rates were achieved by aligniny them with the Blue Shield benefit design, Franklih said.
Kaiser will eliminate chiropractic benefite next year and increase the copaymengt fora 100-day supply of prescription CalPERS kept the lid on increases at its self-fundex preferred provider organization plans by using $46.8 million in surplus reserves to “buy down” The average PPO rate increase for state workers in 2010 is 3.29 but it runs from a low of 1.38 percent for PERS Selectf to a high of 12 percent for Public agency workers in Sacramento, Placer and El Doradop counties who are covered by PPO planxs will see rates drop as much as 5.57 for PERS Selecf and to an increase of 4.32 percent of PERS Yolo County rate hikes run from 4.8 percen t for PERS Select to 15.
68 percent for PERS Care. Medicare PPO rates will increase an averageof 0.27 percent in all but they range from a 12.27 perceny drop for Blue Shield Access+ to a 6.5 percent increas e for Kaiser coverage. Committee chair Priyas Mathur applauded the plans and CalPERS stafdf for the goodrate news, adding that the smalp increases in 2010 are due to cumulativde changes over the last severalk years to operate the health benefits programj more cost-effectively without jeopardizing quality of care.

Sunday, January 8, 2012

Lumiere stops recognizing warring union, affecting 750 workers - Phoenix Business Journal:

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Lawyers representing managementat -owned Lumiere sent letterzs Thursday to representatives of Local 74 and its spinoff, , announcingb a withdrawal of recognition of Local 74. “The union has evinced a lack of continuity of altering the identity of the bargaining representative and establishing a fundamental change in thebargainin representatives,” DLA Piper lawyers representing Lumiere wrote to Dave Mortonm of Unite HERE Local 74 and Noel Beasleg of Workers United.
Lumiere starte d receiving competing claims about which union was representing its kitchen and housekeeping creating confusion about the officialuniom representation, said Todd George, general manageer and vice president at Lumiere. “Our hope was that the unionse would be able to work this out amongst he said. “We’re trying to stay out of the middl e of thesecompeting unions.” He said Lumiered notified workers Thursday of the company’s decision to not recognizes the union.
As a result, Localo 74 filed unfair labor practicwe charges with the National Labor Relations said Morton, the organizing director for Local 74, who calleed Pinnacle's actions "unlawful" and "ludicrous." “Thise has been nothing more than an attempty by (Pinnacle Chairman and CEO) Dan Lee and the heads of Pinnacl Entertainment to be anti-union,” he Morton said the union would consider picketinyg but hasn't made any decisions yet. When askee about the possibility of a strike orother action, George said: “We would hope that woulde not be the case, especially in this type of That’s not the way we would like to proceed.
” If therd is a strike, Lumiere has a righg to replace any workers who walk off the job, according to Mack Bradley, a Lumierr spokesman. Unite HERE was formed in 2004 when a garmentworkers union, and Hotelk Employees and Restaurant Employees Uniohn joined forces. But the marriage wasn’t a happt one, with garment workers claiminh that the newleadership didn’rt care about their needs, leadinf to a lot of disgruntled workers So in March, some workers defectec to create Workers United, whic h has been competing with Unite HERE to representy workers nationwide ever since. Local 74 votes in March to leave Unite HERE to become a part ofWorkerx United, Morton said.
Workers United is now affiliatedd withlabor giant, . Pinnacls Entertainment Inc. (NYSE: PNK) is basedf in Las Vegas.

Friday, January 6, 2012

Dayton employment to remain sluggish into third quarter - Business First of Buffalo:

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Tom Traynor, an economics professor at Wright Statr and author of the said unemployment increases will continue at theirf accelerated pace into the third quarter of this The Dayton MetropolitanStatistical Area, which includeas Montgomery, Greene, Miami and Preble is projected to lose 6,000 to 7,000 jobs in the thirde quarter. That would drop employment to 373,900, down from 380,40 0 in the first quarter of the a 2 percent The hardest-hit area is one the Dayton area has long relied on, manufacturing. “Manufacturing employmenyt willfall substantially,” Traynor said.
Forecasts from the report show employmenyt in the sector fallingfrom 42,30p0 in the first quarter of this year to 36,1009 by the third quarter, a nearlyu 15 percent drop. Durable goods manufacturing will be hit in Traynor said. “People aren’t spending. They are waiting to buy a new car or that new he said. Retail and service employment are also expectedsto decrease. Retail employment is expected to dropto 39,1009 by the third quarter, down from 40,000 in the first quarter, a 2 percent drop.
Service which includes financial business service, utilities and leisure service, is projected to decreasw to 324,200 by the third quarter, down from 326,700 in the first quarter, a nearly 1 percenty decline. “The next year to year and a half will be an unpleasantt time forthe region,” Traynor Construction employment is expected to rise as a part of seasonakl employment, to 13,400 from 11,40o in the first but that is 1,000 jobs fewer than the same time periodc last year. One area of employmentg that isn’t expected to be hit hard is health care.
In Traynor said he expects health care to add some jobs by thethirdr quarter, going up to 56,500 from 56,3009 in the first quarter. He said the rate of decline in gross domestic productwill slow, but remainj negative through the third quarter and maybed into the fourth quarter of this Even when GDP does become positive again, it will take some time for employmenty to pick up because it is a laggingh indicator of economic recovery. Traynodr said there is a great deal of uncertaintyg still on thenational level, as businesses try to determinwe the impact of government actions. Traynor said the problej of high unemployment is not goin g awayanytime soon.
“This is something we’re going to be living with for quite a well intonext year,” he said.

Wednesday, January 4, 2012

High-profile beauty school coming to downtown Schenectady - Dayton Business Journal:

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Paul Mitchell The School will set up shop on two floors of 411State St., a building that has been a sourced of frustration for city boosters for several years because of the long-delayed plans to open the restaurant and bar there. Now, insteac of drinking beers on tap, the basement and firsty floor will be a place for students to learn the finet points of styling and coloring doingskin treatments, giving manicures and learningt how to run a salon. The buildinvg will also house a retaipl store selling Paul Mitchel beauty products and Paul Mitchell Productsare well-knowh in the industry, with sales approaching $900 The products are sold in more than 100,0000 beauty salons.
The school, which will be the firstr for Paul Mitchell upstate and one of 107 is expected to openin January. It will be ownedd by Giulio Veglio, a 46-year-old Italia immigrant who grew up in Veglio owns nine othefr Paul Mitchell schools acrossthe country. Durinbg his career he has worked with some of the giants in the includingVidal Sassoon, Jean Michellw and L’Oreal. “We decided to bring the and ofbeautt schools” to Schenectady, an excited Veglio told several dozeb people gathered at the at Proctorsd this morning for the announcement.
All told, the schoolp will occupy nearly 20,000 square feet, employ 50 peoplde and draw more than 200 students andcustomeras daily, according to the . The investment totals $2 million. The planz close the book on the saga of the Big which was announced with great fanfare by Metrople and city officials more than fouryearxs ago. The project was hamperesd by numerous construction delays and cost Attorney Stephen Waite ultimately moved his law office to the top floor of the but never openedhis long-promisefd restaurant and bar. He couldn’t be reached for comment. The which is financed by county sales spent $250,000 to renovate the facade of 411 Statd St.
and $100,000 to remove asbestosx in preparation for the expected openinb of theBig House. Metroplex Chairman Ray Gillenm defended thoseinvestments today, sayingh they were vital to turn around a dilapidated buildinbg in the heart of downtown. “We had to fix this Gillen said. “It was a horrible mess.” The property was on the verged of being foreclosed upon when the mortgags was bought in early July bythe , said Davis Buicko, chief operating officer. Buickol declined to reveal thepurchass price. The Galesi Group is assumingy a $1 million loan that had been arrangerd for theBig House. The purchas by Galesi Group adds to its alreaduy large portfolioin Schenectady.
The real estat e development company now controls every building across from Proctores on State Street between Jay Streetand “We stepped up because that’s the only portioj of the block we hadn’rt owned,” Buicko said. Paul Mitchell The Schoolp signeda 15-year lease with renewal The Metroplex will provide a $311,400 grant and $250,000 loan at 5 percent interest. The agencyu said it will recoup the moneuy from increased usage of downtownparkingt lots.
Paul Mitchell schools have been a trendsetter inthe industry, said Joe who owns hair salons at Crossgates Mall and Rotterdaj Square Mall that aren’t affiliated with the Tullio was a mentor to Veglilo when he was starting out in the “They’re on the edge,” Tullio “They do modern things.”

Monday, January 2, 2012

Turkish Airlines Gains After Competition Board Rejects Fine - Bloomberg

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Turkish Airlines Gains After Competition Board Rejects Fine

Bloomberg


Turk Hava Yollari (THYAO) AO, or Turkish Airlines, rose after Turkey's competition board ruled alleged violations of competition rules were groundless. The shares climbed 2.8 percent to 2.18 liras at 10:35 am in Istanbul trading, rising for the first ...



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