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Cablevision and Tribune seal Newsday deal NEW YORK (Reuters) - Cablevision Systems Corp sealed a $650 million deal to buy 97 percent of Newsday Media Group from Tribune Co, the companies said on Monday, after Rupert Murdoch's News Corp withdrew its bid. Sprint's loss widens on lost subscribers NEW YORK (Reuters) - Sprint Nextel Corp on Monday reported a wider quarterly loss amid steep customer defections and it forecast only marginal improvements in the current quarter. Stocks edge higher on Wal-Mart, lower oil NEW YORK (Reuters) - Stocks edged higher on Monday as the dollar rose toward a two-month peak, helping push the price of oil below record highs and as Wal-Mart gained after a brokerage raised its price target. Clear Channel trial delayed to Tuesday NEW YORK (Reuters) - The scheduled start of a trial over financing for the $20 billion buyout of Clear Channel Communications has been delayed until Tuesday at 10:45 a.m. EDT. MBIA posts huge loss on credit derivatives NEW YORK (Reuters) - MBIA Inc said on Monday unrealized losses on insured derivatives skyrocketed in the first quarter, pushing the world's largest bond insurer into a sharp quarterly loss. RIM's new BlackBerry Bold targets business market TORONTO (Reuters) - Research In Motion Ltd is launching a new high-end version of the BlackBerry aimed at its core base of business users, but it hopes the sleek device will also catch on in the broad retail market. Oil drop deepens as dollar gains LONDON (Reuters) - Oil fell $2 to near $124 a barrel on Monday, as a stronger U.S. dollar and profit-taking put the brakes on a rally that took it to record peaks last week. ILFC considering split-up from insurer AIG: report NEW YORK (Reuters) - International Lease Finance Corp, a unit of American International Group , is worried by the insurer's financial troubles and mulling a split from it, the Wall Street Journal said on Monday, citing people familiar with the matter. AnnTaylor shares jump on raised forecast NEW YORK (Reuters) - AnnTaylor Stores Corp raised its first-quarter earnings forecast on Monday, citing lower inventories and improvement at its LOFT chain, sending shares of the women's clothing retailer up 11.5 percent. Morgan Stanley raises billions for infrastructure NEW YORK/LONDON (Reuters) - Morgan Stanley and a fund set up by General Electric and Credit Suisse said on Monday they had collectively raised almost $10 billion for funds to invest in infrastructure.