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* News Corp.’s debt rating was raised by Moody’s Investors Service Inc., which cited increases in revenue and cash flow in recent years. News Corp.’s debt was upgraded to Baa2 from Baa3, the lowest investment-grade rating, Moody’s said.

* Wm. Wrigley Jr. Co. agreed to sell the North American Trolli gummy candy brand and its Creston, Iowa, production plant to Farley’s & Sathers Candy Co. Terms were not disclosed.

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