Analysis: In ICE-NYSE deal, one CEO steps back, the other rises

(Reuters) - Duncan Niederauer, the chief executive of New York Stock Exchange operator NYSE Euronext, once boldly proclaimed that his company could not be acquired.Last year, even when Niederauer was prepared to sell his company to Deutsche Boerse, he insisted that he be chief executive of the combined company. The deal ended up being quashed by German regulators.But with the agreement by IntercontinentalExchange...

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Stocks fall sharply after Republicans cancel vote

NEW YORK (AP) -- Stocks are opening sharply lower on Wall Street.The big drop comes after House Republicans called off a vote on tax rates. That left federal budget talks in disarray 10 days before sweeping tax increases and government spending cuts take effect.The Dow Jones industrial average is down 116 points at 13,195. The Standard & Poor's 500 index is off 13 points at 1,430. And the Nasdaq...

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RIM shares fall at the open after earnings

TORONTO (Reuters) - Research In Motion Ltd fell in early trading on Friday following the BlackBerry maker's Thursday earnings announcement, when the company outlined plans to change the way it charges for services.RIM, pushing to revive its fortunes with the launch of its new BlackBerry 10 devices next month, surprised investors when it said it plans to alter its service revenue model, a move that...

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Stocks open sharply lower after GOP cancels vote

NEW YORK (AP) — Stocks opened sharply lower Friday on Wall Street after House Republicans called off a vote on tax rates and left federal budget talks in disarray 10 days before sweeping tax increases and government spending cuts take effect.The Dow Jones industrial average fell 140 points to 13,171 in the opening minutes of trading, a decline of 1 percent. The Standard & Poor's 500 index fell...

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Insight: Wall Street, facing fiercer watchdog, flees U.S. power markets

NEW YORK (Reuters) - When federal regulators proposed a six-month penalty on JPMorgan Chase & Co's electricity trading arm last month, they took aim at what is now a rare sight on Wall Street: a large and growing power sales business.After five years of rapid and lucrative growth, the world's biggest investment banks are now dramatically scaling back their U.S. power operations, a Reuters analysis...

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"Dancing with the Stars" Brooke Burke says she is cancer free

LOS ANGELES (Reuters) - "Dancing with the Stars" co-host Brooke Burke said on Wednesday that medical tests indicate she is free of thyroid cancer."I just got the results back from all of my tests and great news - the thyroid cancer has been removed from my body and all my lymph nodes are clear," Burke, 41, said in her blog on the website Modernmom.com."So I'm hoping that this is the end of the story....

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Pete Rose's TLC reality show gets premiere date

LOS ANGELES (TheWrap.com) - Pete Rose will take to the same playing field as Honey Boo Boo next month.The former baseball great's reality series, "Pete Rose: Hits & Mrs." has been given a six-episode order from TLC, and will premiere Monday, January 14 at 10 p.m., the network said Tuesday.The series will follow the 71-year-old Rose - who's been permanently barred from baseball due to gambling...

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"Modern Family" star's dad granted control of her estate

LOS ANGELES (Reuters) - The father of "Modern Family" star Ariel Winter was given temporary control over the teenage actress' estate on Wednesday in a court-approved settlement in Los Angeles after allegations that her mother had abused her.Winter, 14, who plays the brainy and precocious teenager Alex Dunphy on the Emmy-winning ABC comedy, will remain under temporary guardianship of her older sister,...

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Late BBC star Savile suspected of 199 crimes: UK police

LONDON (Reuters) - British television star Jimmy Savile is suspected of carrying out an unprecedented number of sex offences including 31 rapes, police said on Wednesday in their most comprehensive review of the scandal.Revelations about Savile, who died last year, provoked outrage across Britain where he had been a household name since the 1960s.News of Savile's crimes threw his main employer the...

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HBO to develop "Game Change" sequel "Double Down"

LOS ANGELES (TheWrap.com) - HBO is going back on the campaign trail with Mark Halperin and John Heilemann.HBO will develop Halperin and Heilemann's upcoming book "Double Down: Game Change 2012," about the 2012 presidential election between Barack Obama and Mitt Romney, a spokeswoman for the network told TheWrap.HBO also adapted Halperin and Heilemann''s book "Game Change," about the 2008 election...

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