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Gupta Prosecutors Focus on Galleon Ties WSJ.com

NEW YORK—A Goldman Sachs Group Inc. director told jurors at the insider-trading trial of ex-Goldman board member Rajat Gupta that he believed discussions by the investment bank's board in June 2008 about possibly acquiring an insurance ...
Australia's ASX Hits 6-Month Low WSJ.com

HONG KONG—Australia's benchmark index closed at a six-month low and the Shanghai Composite Index gave way for the 11th time in 15 sessions as investors focused on worries about the global economy.
Facebook IPO controversy in a legal gray area; Analysis: Experts zero in on disclosure days before stock’s debut MarketWatch

SAN FRANCISCO (MarketWatch) — The controversy over Facebook Inc.’s initial public offering touches on language used in regulatory filings called “risk factors.”
Japan's Takeda Strikes Brazil Drug Deal WSJ Blogs

Following last month's acquisition of Philadelphia-based URL Pharma Inc., Japan's Takeda Pharmaceutical has struck another deal, this time in Brazil. Takeda's overseas acquisitions now total almost $15 billion in the last two years, ...
Zynga Defends Acquisition; Amid Criticism of Deal for OMGPOP, Game Maker Points to Revenue Streams WSJ.com

Zynga Inc. has faced plenty of questions after buying the maker of "Draw Something," a mobile game that was released only six weeks earlier and has since lost popularity. Now the social games company is trying to provide some answers.
Stocks to Watch: Frontline, VeriFone Systems, Talbots WSJ Blogs

By Corrie Driebusch and Nathalie Tadena Among the companies with shares expected to actively trade in Friday's session are Frontline Ltd. (FRO), VeriFone Systems Inc. (PAY) and Talbots Inc. (TLB).
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Vodafone's on Call Waiting in India WSJ.com

Being put on hold is no fun. But Vodafone Group has little choice when it comes to plans for the company's Indian operations. The Anglo-Dutch telecoms giant is expected to list its Indian business at some point but said this week there'll be ...
HTC Takes a Break From M&A Spree WSJ Blogs

As Apple Inc. and Samsung solidify their leadership positions in the smartphone market, eyes are turning to Taiwan's HTC Corp.'s to see how it will play catch-up.
The Pre-Preseason Hype of Tim Tebow WSJ Blogs

The NFL news cycle is still kind of slow this time of year. The serious questions – whether Osi Umenyiora will resolve his contract status, how Peyton Manning will do with the Denver Broncos, whether Bill Belichick's new hoodies bring out ...
Kinder Morgan Closes Conflicted El Paso Deal, Expects More Savings WSJ Blogs

Kinder Morgan conflict-ridden acquisition of El Paso has closed, and Kinder Morgan now expects to save even more than it thought before. From Dow Jones' Kristin Jones today:
Miller Johnson law firm to relocate from the Rose Street Market in Kalamazoo into the business suites of the Radisson Plaza WSJM

Al Jones / GazetteThe Miller Johnson law firm will relocated in Kalamazoo office to the second level of the Radisson Plaza Hotel & Suites, shown here recently at 100 W. Michigan Ave. in downtown Kalamazoo.
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Asia's Richest Man Details Succession Plan WSJ.com

HONG KONG—Asia's richest man laid out his succession plans Friday, putting his older son at the helm of his business empire and promising his younger son funding to embark on new investments.
Oracle Answers SAP Cloud Acquisition With its Own Deal WSJ Blogs

Oracle isn't sitting quietly by today after rival SAP bought a cloud-computing company Tuesday. It is buying cloud-based social-marketing company Vitrue for an undisclosed amount.
Facebook on an Addition Binge: Latest a Small Design Shop WSJ Blogs

Facebook is at it again: scooping up teams of staff from small companies. The social network is acquiring some of the staff of Bolt-Peters, a website design outfit that describes itself on its site as having "roughly six employees, one dog ...
Deals of the Day: Zynga Defends Draw Something Deal WSJ Blogs

Deals of the Day compiles this morning's biggest news about mergers and acquisitions, banking, bankruptcy and more. Catch us on Twitter, @WSJDealJournal.

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Arends: That 60/40 portfolio of stocks and bonds your adviser is pushing might not work.

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