Daily business briefing: AT&T to acquire DirecTV

May 19, 2014 

AT&T Inc. has announced Sunday that it has acquired DirecTV. The cash and stock deal is valued at about $49 billion. Read more at http://www.bnd.com/business. ...

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The price of oil is up as benchmark U.S. crude for June delivery was up 78 cents to $102.80 a barrel in electronic trading on the New York Mercantile Exchange. The price was just under $103 Monday morning. Learn more at http://www.bnd.com/business. ...

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Declining home prices in China has helped push global stocks lower Monday as the Chinese government is trying to restrain housing costs that have surged in recent years. Find out more at http://www.bnd.com/business. ...

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Dow Jones industrial average futures are down 39 points to 16,426, and Standard & Poor's 500 index futures are down four points to 1,871. For more information, go to http://www.bnd.com/business.

-- Will Buss, BND business writer

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