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Financial News Network
March 21, 2011 AT 7:35 AM
This is what's in the news for Wednesday, March 9th. the New York Post reports that ING Group (ING) is putting ING Direct USA, its online banking unit, up for sale. The sale process was launched over the past several weeks and has caught the attention of CIT Group (CIT). It's unclear if ING is looking to unload all or a part of its ING Direct ownership. A sale of all of ING Direct USA could be worth $10B...Reuters reports that Deutsche Telekom (DTEGY) is keeping its options open for a T-Mobile USA deal, but it has no clear path to catch its larger U.S. rivals, ...Reuters reports that Lawson Software (LWSN) hired Barclays (BCS) to explore a possible sale, ...Bloomberg reports that Russia's OAO Lukoil (LUKOY) is looking for oil and natural gas investments in U.S. shale fields, …The Wall Street Journal reports that Toyota Motor (TM) next month will broaden its range of gasoline-electric hybrid vehicles with a wagon and minivan as it looks to meet a long-term goal of selling 1M fuel-efficient cars a year.