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US newspaper round-up: Fannie Mae, Coty/Avon, News Corp...

Date: Thursday 10 May 2012

US newspaper round-up: Fannie Mae, Coty/Avon, News Corp...

"Mortgage giant Fannie Mae on Wednesday reported a $2.7bn profit during the first three months of the year, saying it would not require additional taxpayer aid for the first time since the government seized the troubled firm in 2008. The company had reported a $2.4bn loss the previous quarter and a...

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