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Traders gather at the post that handles Sprint on the floor of the New York Stock Exchange Monday, Oct. 15, 2012. Softbank Corp. has reached a deal to buy 70 percent of U.S. mobile carrier Sprint Nextel Corp. for $20.1 billion in the largest ever foreign acquisition by a Japanese company.

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Stocks higher after retail sales improve

Stocks opened higher Monday on Wall Street after a strong report on retail sales.

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