BLOOMBERG NEWS
Ameriprise to have $40 million pretax chargeAmeriprise Financial Inc., the Minneapolis-based financial-planning company, said it intends to record a pretax charge of $40 million, or $26 million after taxes, in the fourth quarter of 2008. The charge results from merger-related costs associated with three acquisitions that closed in the fourth quarter, according to a filing with the Securities and Exchange Commission. The acquisitions were of Brecek & Young Advisors Inc., HRB Financial Corp. and J. & W. Seligman & Co.
DOW JONES NEWS SERVICE
Cool Clean Technologies Inc. of Eagan will help the U.S. Air Force develop clean fuels derived from algae oil.
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