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Baker Hughes said it has signed a...

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Baker Hughes said it has signed a definitive agreement for the sale of substantially all of the assets of Reed Tool to Camco Inc. for undisclosed terms . . . FMC Corp. has asked a federal appeals court to overturn a lower court ruling that dismissed its lawsuit against investor Ivan F. Boesky . . . The Federal Reserve said the average yield for one-year Treasury bills, the most popular index for making changes in adjustable-rate home mortgages, rose to 6.67% last week after averaging 6.60% the week before.

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