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Crude recovers gains above $130

Crude oil prices rallied on Wednesday, recovering earlier losses and reacting to a new forecast by Morgan Stanley projecting Brent Crude prices will hit as much as $150 a barrel.
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U.S. Stocks Drop as Oil Resumes Price Hike

U.S. stocks fell on Wednesday as concerns increased that regional banks face more write downs after more bad news in the financial sector did little to ease concerns over the state of the slowing economy, while oil futures headed back toward $130 a barrel.
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Wall Street Recovers Losses as Oil Prices Drop

U.S. stocks recovered earlier gains as lower crude oil prices dragged energy companies shares down, while lifting airlines and bleak data showed a mixed picture of the housing sector.
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Future H1 profits up

Publishing company, Future Plc, said on Friday that it's pre-tax profit for the half year ended 31 March 2008 increased 17 per cent.
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Price Hikes Coming for Kleenex, Huggies

Kimberly-Clark Corp, the maker of Kleenex facial tissue and Huggies diapers, said on Friday that it plans to raise prices in the U.S. for its baby, childcare and consumer tissue products.
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U.S. Stocks Tumble as Oil Continues to Climb

U.S. stocks fell on Friday, extending the biggest weekly retreat since February and placed the market on track for weekly losses as crude oil resumed its surge to top $133 a barrel.
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S&P Place U.S. Airline Ratings on Negative CreditWatch

As the airline industry continues to lag, Standard & Poor's Ratings Services hit the industry's latest blow on Thursday by placing nine major domestic airlines on CreditWatch with negative implications as they face due to record high jet fuel costs.
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Natural Gas Weekly Update - May 22

Since Wednesday, May 14, natural gas spot prices decreased at most markets in the Lower 48 States. However, a price rally yesterday (May 21) contributed to price increases at some market locations since last Wednesday,
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NRG Announces Unsolicited $11 Bln Bid for Calpine

Power company NRG Energy Inc has made an unsolicited bid to buy competitor Calpine Corp, the U.S. power producer that exited bankruptcy protection on January 31, for about $11 billion in stock, the companies said on Wednesday.

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