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Tag: Brightpoint

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Brightpoint Inc. (Nasdaq:CELL) announced the amendment of its global credit agreement. The amendment: Increases total borrowing capacity to $500 million (prior capacity of approximately $450 million).Permits factoring transactions up to $250 million and investments in majority-owned joint ventures up to $30 million. Extends the term of the agreement to September 2016.

Crude-oil futures rallied to their biggest one-day jump since May as investors worried that violent protests in Egypt could spill over into neighboring oil-producing countries in Africa and the Middle East.

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