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Wal-Mart first-quarter profit rises
Wal-Mart Stores, the world's largest retailer, posted a 3.8 percent gain in first-quarter profit, beating analysts' estimates as growth abroad helped make up for U.S. sales declines.JPMorgan Reportedly Shopping Around Commodities Unit
Grupo BTG Pactual, the Brazilian investment bank founded by billionaire Andre Esteves, is working on a bid for JPMorgan Chase's physical commodities business.The National Credit Union Administration has sued a UBS unit for allegedly making misrepresentations in the sale of more than $1 billion in mortgage-backed securities to two credit unions that failed. The suit, filed on Thursday in Kansas federal district court, is the latest by the NCUA against financial institutions that sold mortgage-backed securities to now-defunct corporate credit unions.
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Keeping Score: The Recap of the Week in Legal Business
Two decisions came down from the Federal Circuit last week on separate legal malpractice claims � one concerning Fulbright & Jaworski and the other Akin Gump Strauss Hauer & Feld. Plus more news and notes from the legal business scene...Deals Shine Despite Enron Cloud
The Enron debacle cast a pall over structured finance, but lawyers doing deals say they are as busy as ever.Gov. Scott wants more lottery ticket sales to help schools
Gov. Rick Scott, who has warned about balancing the state budget by relying on more gambling, is counting on a jump in ticket sales of the Florida Lottery to help accomplish his goals.Trending Stories
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