DJIA: 17,598.98  +2.63 (0.01%) | NASDAQ: 4,972.695  +14.228 (0.29%) | S&P 500: 2,058.62  +0.98 (0.05%) Markets status unavailable

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    Sysco Corp. (SYY) shares climbed 1.6% in premarket trade Monday, after the food distributor said it's terminating its merger agreement with US Foods, following an unfavorable court ruling last week. District Court in Washington, D.C., ruled in favor of the Federal Trade Commission's request for an injunction to block the deal. The action also ends the company's agreement with Performance Food Group to buy US Foods facilities in 11 markets.

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    * To buy Cord Blood Registry from PE firm GTCR. * Deal to boost maternal health business. * Expects deal to add to profit immediately. * Amag still on the hunt for more deals. * Shares marginally higher in morning trading.

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    Luxembourg takes over the EU's rotating presidency this week amid a storm of controversy over its dubious distinction as a tax haven for multinationals from Walt Disney (DIS) to Coca-Cola, The companies are among more than 340 firms who allegedly shifted profits to the Grand Duchy through sweetheart tax deals uncovered in last year's "LuxLeaks" investigation.

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    Amag Pharmaceuticals Inc (AMAG) said it would buy privately held stem cell bank Cord Blood Registry for $700 million to strengthen is maternal health business. Amag, which already sells Makena to prevent pre-term birth, said it expects the deal to add to its profit immediately.

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    European Union antitrust regulators will rule by Aug. 3 whether to clear U.S. package delivery service company FedEx's (FDX) 4.4-billion-euro bid for Dutch peer TNT Express (TNTEF), the European Commission said on Monday. FedEx (FDX), which wants to merge its air fleet with TNT's extensive European road network to better compete with rivals United Parcel Service and Deutsche Post, sought EU approval last Friday.

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    The following bids, mergers, ** Canada's Element Financial Corp said it had entered into an agreement with General Electric Co to acquire GE Capital's fleet management operations in the United States, Mexico, Australia and New Zealand for C$8.6 billion in cash.

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    * Six owns 49.1 pct of Stoxx, 50.1 pct of Indexium. * Equity indices business booming on ETF interest. Deutsche Boerse is in talks with Swiss Six Group to buy the remaining stakes in their equity index joint ventures Stoxx and Indexium for 650 million Swiss francs, the two exchange operators said on Monday.

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    Australian property group Lend Lease said on Monday it had launched a A$2 billion fund to invest in an upcoming sprawling office tower development in Sydney's Darling Harbour. The open-ended wholesale fund will fully acquire Tower-1 of Barangaroo South with A$1.4 billion of equity commitments from capital partners including Qatar Investment Authority and A$600 million of debt financing.