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BeyondImages/iStock via Getty Images Teck Resources (NYSE:TECK) +2.4% pre-market Friday after Canada’s government approved Glencore’s (OTCPK:GLCNF) (OTCPK:GLNCY) US$6.9B acquisition of a 77% stake in Teck’s metallurgical coal business. Industry Minister Francois-Philippe Champagne said Glencore (OTCPK:GLCNF) (OTCPK:GLNCY) accepted several conditions to protect local jobs and keep executive offices in western Canada,Continue Reading

In: Finance

JHVEPhoto/iStock Editorial via Getty Images A bankruptcy court in the U.S. has cleared a restructuring plan forwarded by Rite Aid (OTC:RADCQ) to avoid liquidation and cut its debt by $2B in exchange for handing its control to a group of lenders. At a court hearing in Trenton, New Jersey, onContinue Reading