Chinese group to buy AIG’s plane leasing firm for up to $4.8 billion

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U.S. Consumer Prices Surprisingly WeakComments Off

U.S. consumer prices fell for the first time in nearly 1-1/2 years in August and underlying inflation pressures were muted, which could lessen the urgency for the Federal Reserve to raise interest rates.

Oil Futures Decline After Surprise Supply IncreaseComments Off

U.S. oil inventories rose 3.7 million barrels in the week ended Sept. 12, the Energy Information Administration said Wednesday.

High-frequency Trading Firm Pays $16 Million To Settle SEC ChargesComments Off

High-frequency trading firm Latour Trading LLC agreed to pay the Securities and Exchange Commission a $16 million fine for breaking a rule about net capital levels, the agency said.

Family Dollar Rejects Dollar General’s ‘illusory’ Tender OfferComments Off

Family Dollar Stores said Wednesday its board of directors have unanimously rejected the rival discount retailer Dollar General’s unsolicited and “illusory” tender offer, and affirmed its support of it merger agreement with Dollar Tree .

FedEx Shares Rally After Better-than-expected Profit, SalesComments Off

Shares of FedEx Corp. rallied 2.1% in premarket trade Wednesday, after the package-delivery giant reported better-than-expected fiscal first-quarter profit and sales, boosted by strength in its FedEx Ground and FedEx Freight businesses.

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