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Visa profit, revenue beat analysts' estimates

Visa Inc, the world's largest payments network operator, reported better-than-expected quarterly profit and revenue, boosted by the inclusion of Visa Europe's results and as customers spent more using its network.

Time Warner, AT&T shares fall with concerns over deal clearance

Wall Street signalled scepticism on Monday that AT&T Inc would secure the government approvals needed to carry out its planned $85.4 billion (69.77 billion pounds) acquisition of Time Warner Inc, with shares of both companies falling as analysts scrutinized the deal.

SEC, 'Diva of Distressed' Tilton face off in fraud trial

NEW YORK A lawyer for financier Lynn Tilton on Monday blasted U.S. Securities and Exchange Commission charges that she defrauded investors in three debt funds as "ludicrous," as the agency sought to bar her from the financial industry.

British Steel pension shortfall shrinks to around $60 million

LONDON The British Steel Pension Scheme's deficit has shrunk to around 50 million pounds ($61 million) from around 700 million pounds earlier this year, it said on Monday, adding it had been well-position to take advantage of currency movements.

U.S. stocks, dollar rise; oil briefly slips below $50

NEW YORK U.S. stocks closed higher on Monday, with the S&P 500 hitting a two-week high on the back of strong earnings and a flurry of deal activity, while the U.S. dollar hovered near a nine-month peak against other world currencies.

AT&T investors weigh new growth, risks with Time Warner deal

NEW YORK AT&T Inc shareholders who have profited for most of 2016 from owning a major telecommunications provider with a strong dividend yield are now tied to a controversial media acquisition that comes with new growth potential but also fresh risks.

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