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• Baker Hughes to buy back stock, debt after Halliburton deal fails
Baker Hughes Inc said it planned to buy back $1.5 billion of shares and $1 billion of debt, using the breakup fee it will receive following the collapse of its proposed buyout by Halliburton Inc.
• RBS's loss more than doubles, dividend prospects darken
Royal Bank of Scotland reported a sharp rise in losses in the first quarter on Friday and cautioned on the timing of a return to dividend payouts as lower income, restructuring costs and sluggish asset sales underscored the challenges still facing the lender.