It's in line with long-term growth opportunities and will help the company better serve its existing customers there.
Now that the charts have had a rest, the banks look logical here.
Australia is more optimistic about iron ore prices this year, but other analysts think the price has peaked.
Stocks are higher ahead of the pending FOMC rate decision, due out later Wednesday afternoon.
The price-weighted blue-chip index could climb there with the help of just a few components.
IBM, Caterpillar and 3M contribute the most to the Dow's 118% gain since the March 2009 market bottom. Only one Dow stock is lower since then: Hewlett-Packard.
The blue chip index had its second-best finish ever on Monday and could break its 2007 record this week. But gains may be limited by Friday's big jobs report.
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Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
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