Daily business briefing: Stocks fall to begin week

April 7, 2014 

The Dow Jones industrial average futures are down 53 points, or 0.3 percent, to 16,303 a half hour before the start of regular trading. The Standard & Poor's 500 index futures are down eight points, or 0.4 percent, at 1,853. For more information, go to http://www.bnd.com/business. ...

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The St. Louis Business Journal reports that FBI Wind Down Inc., formerly known as Furniture Brands Inc., has reached an agreement with its creditors that calls to reduce the company's claims against Furniture Brands. Furniture Brands filed for Chapter 11 bankruptcy last year. Read more at http://www.bizjournals.com/stlouis. ...

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Laclede Group has agreed to buy Energen Corp.'s Alabama Gas Corp. subsidiary, the St. Louis Business Journal reports. The acquisition is $1.34 billion. Find out more at http://www.bizjournals.com/stlouis. ...

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Oil prices are down Monday as early afternoon trading in Europe indicates benchmark U.S. crude for May delivery was down 50 cents to $100.64 a barrel in electronic trading on the New York Mercantile Exchange. Learn more at http://www.bnd.com/business.

-- Will Buss, BND business writer

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