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 March 19, 2012 Afternoon Update |
 TOP NEWSFlush With Cash, Apple Plans Buyback and DividendBy NICK WINGFIELDThe technology company said it would use some of its $100 billion in cash reserves to pay a quarterly dividend of $2.65 a share beginning this summer. Gunman Kills 4 at a Jewish School in FranceBy SCOTT SAYARE and STEVEN ERLANGERA man opened fire outside a Jewish school in southwest France on Monday, and the police said the gun used was linked to two recent attacks. Fighting Flares in Elite Area of Syrian Capital, Activists SayBy ANNE BARNARDClashes erupted early Monday between armed defectors and the Syrian Army in a wealthy and well-protected area of Damascus, according to activists and residents. Mets' Owners Agree to Settle Madoff Suit for $162 MillionBy RICHARD SANDOMIR and KEN BELSONFred Wilpon and Saul Katz on Monday settled the lawsuit brought against them by Irving H. Picard, the trustee for the victims of Bernard L. Madoff's fraud, for $162 million. Rocket Plunge to Deep End of the PlanetBy WILLIAM J. BROADJames Cameron plans to ride a vertical torpedo into the planet's deepest recess, the Challenger Deep in the western Pacific, nearly seven miles down. |
MultimediaOpinion |
BUSINESSDealBookIn Greek Crisis, a Little-Known Adviser With Outsize InfluenceBy SUSANNE CRAIGBlackRock is helping to determine how much capital Greece's banks will need to raise in the coming months, a crucial step as Greece tries to fix its banking industry and its broader economy, but a risky one. DealBookU.P.S. to Buy TNT Express for $6.8 BillionBy MICHAEL J. DE LA MERCED and MARK SCOTTThe United Parcel Service agreed on Monday to buy TNT Express, a Dutch shipping company, for about $6.8 billion, as the company looked to expand its presence overseas. Low-Interest Auto Loans, Thanks to the European Central BankBy JACK EWINGAutomakers on the Continent are using money borrowed from the central bank's stimulus program to offer low-interest loans to customers. Wall Street Indexes Turn UpwardBy THE ASSOCIATED PRESSAmong the gainers in afternoon trading was Apple, which announced a $2.65 quarterly dividend and a stock buyback program shortly before the session started. DealBookPayout on Greek Credit Swaps Is SetBy PETER EAVISThe payout on credit default swaps linked to Greece's government bonds was determined on Monday, resolving one of the crucial subplots of the European debt crisis. |
Video: Damage in Damascus
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