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    St. Jude Medical Inc (STJ) shares are down 2.9% to $61.36 in trading on Wednesday.The stock dropped despite the cardiovascular medical device manufacturer increasing year over year revenue and beating analysts consensus estimates. Must Read: Warren Buffett's 10 Favorite Growth Stocks.

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    Shares of Moelis & Co (MC) rose as much as 9 percent in their debut, after the boutique investment bank cut the size of its offering and priced it below its targeted range. The company raised about $163 million after its offering was priced at $25, below the expected price range of $26-$29 per share.

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    SAN FRANCISCO-- Yingli Green Holding Co. said Wednesday it has created a fund in partnership with a Chinese private-equity firm to invest in solar projects in China, taking a step toward becoming a solar developer. The plan is to invest about $160 million, with the solar-panel manufacturer holding a 51% stake of the partnership with Shanghai Sailing Capital Management Co. Ltd.. U.S.-listed shares of Yingli rose 1.3% on Wednesday, outpacing competitors.

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    Facebook's (FB) advertising prices on a cost per click basis fell quarter to quarter in the first quarter of 2014, according to a report by ITG Research.Facebook shares are down 1.6% to $58.11 in trading on Wednesday.The firm also stated that the social media company's revenue for the quarter will either match or fall short of consensus estimates.The ITG report contradicts a previous report by Faceb...

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     Agnico Eagle Mines  is sliding on Wednesday after announcing it has agreed to acquire Osisko Mining (OSKFF) in partnership with Yamana Gold (AUY), By late morning, shares had taken off 6.8% to $28.43. Yamana Gold (AUY) had slid 4.3% to $8.02. In a joint statement, the companies said they would offer C$3.9 billion, or C$8.15 a share, for the Montreal-based mining company.

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    - At-home soda maker Sodastream International (SODA) is in early talks to sell a stake of up to 16 percent to a strategic entity, Israeli financial news daily Calcalist reported on its website. U.S. shares of Sodastream (SODA) rose as much as 12 percent to $42.25 on Wednesday after the website identified PepsiCo Inc (PEP), Dr Pepper Snapple Group (DPS) or Starbucks Co as the potential investors in the Israel-based company.

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    At-home soda maker Sodastream International (SODA) is in early talks to sell a stake of up to 16 percent to a strategic entity, Israeli financial news daily Calcalist reported on its website. U.S. shares of Sodastream (SODA) rose as much as 12 percent to $42.25 on Wednesday after the website identified PepsiCo Inc (PEP), Dr Pepper Snapple Group (DPS) or Starbucks Co as the potential investors in the Israel-based company.

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    SAN FRANCISCO-- Shares of Yahoo Inc. (YHOO) rallied Wednesday a day after the Web portal posted better- than-expected results, including a re-accelerated growth in Alibaba, the Chinese Internet powerhouse in which it owns a 24% stake. Yahoo (YHOO) was up more than 6% in early trades. Also rallying were shares of Google Inc., which were up more than 1%.

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     Shares of King Digital Entertainment (KING) are up 3.27% to 18.00 on Wednesday morning. The rise in stock comes on news the maker of "Candy Crush Saga" is partnering with the Chinese gaming and messaging giant Tencent (TCTZF) to bring the popular game to the Chinese market. The agreement extends King's presence in key Asian markets. The game was released in South Korea and Japan in 2013.

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    Shares of Johnson Controls Inc.  are up 1.83% to $46.81 after the industrial company today announced it reached a definitive agreement with the Canada Pension Plan Investment Board to acquire its Air Distribution Technologies business for about $1.6 billion.

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    NEW YORK-- Shares of Moelis& Co. opened trading Wednesday on the New York Stock Exchange at$ 27, up from the $25 initial public offering price set late Tuesday. Shares were up $1.39, or 5.6%, from the offering price at $26.39 in recent action. The boutique investment bank, headed by dealmaker Ken Moelis, priced 6.5 million shares at $25 a share Tuesday night, raising $162.5 million.

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    Shares of Moelis & Co (MC) rose about 9 percent in their debut, valuing the boutique investment bank at about $1.40 billion. The company raised about $163 million, after its offering was priced at $25, below the expected price range of $26-$29 per share. Moelis, founded and led by veteran Wall Street investment banker Ken Moelis, is offering 6.5 million shares of Class A common stock.

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    Shares of Mexican petrochemical firm Alpek slumped on Wednesday after the company's parent, conglomerate Alfa, reported weak quarterly earnings a day earlier. Shares fell 4.11 percent to 21.25 pesos in early trading.

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    Deutsche Bank denied a media report that said its co-Chief Executives Anshu Jain and Juergen Fitschen could be replaced, possibly with former UBS finance chief John Cryan. Germany's Manager Magazin on Wednesday cited "insiders" saying Deutsche Bank supervisory board chairman Paul Achleitner was preparing to bring in a new chief executive.

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    Internet tycoon Kim Dotcom holds court while bathing in the pool of a sprawling New Zealand mansion, fist bumping and chatting with some of the 700 guests gathered to celebrate the political party he launched last month to promote Internet freedom.

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    NEW YORK-- Bank of America Corp. (BAC) reported Wednesday its first-quarter net loss of $276 million, or 5 cents per share, compared with $1.5 billion, or 10 cents per share, in the same period the year before. Total net revenue net of interest expenses, on an fully taxable-equivalent basis, was $22.77 billion, down from $23.41 billion in the prior year. Revenue net of interest expense was $22.57 billion, down from $23.20 billion, a year earlier.

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    NEW YORK-- SodaStream International Ltd. (SODA) shares jumped 8.7% in premarket trade Wednesday after an Israeli newspaper reported the company is in talks to sell a 10% to 16% stake to a large drinks company, according to Bloomberg. Calcalist reported the stake could be sold at $52 a share and possible parties involved are "estimated" to be PepsiCo Inc. (PEP), Dr. Pepper Snapple Group Inc. (DPS) and Starbucks Corp. (SBUX), the Bloomberg report said.