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Stock Futures Add to Gains on Profit Surprises

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U.S. stock futures extended gains on Tuesday as quarterly results from companies including chemical manufacturer DuPont Co. fueled optimism about corporate profit growth despite near-record oil prices.

Lay Says Enron Dream Now a Nightmare

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Former Enron Chairman and Chief Executive Kenneth Lay took the witness stand at his corporate fraud trial on Monday and steadfastly denied he knew of any crimes at the energy company he headed for more than 15 years.
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Investing: The allure and risks of foreign stocks

Foreign stocks have become so popular in the United States that whole exchanges are now shopping abroad. Both the New York Stock Exchange and the Nasdaq have been competing to buy the centuries-old London Stock Exchange.
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Top Oil Execs Meet at Summit

Chief executives of the world's top energy companies met ministers from the biggest producers on Saturday with record oil prices of above $75 a barrel speeding the race for supply investment.
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U.S. factories steady but economy set to slow

An indicator of future U.S. economic activity slipped for a second month in March, hinting at slower growth ahead, while separate data showed Mid-Atlantic factory activity edged up in April despite higher costs.
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China's Hu pledges better Sino-US trade

Chinese President Hu Jintao pledged to President George W. Bush on Thursday that China will make more trade concessions and does not seek an excessive trade surplus with the United States.
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Red hot emerging markets spark some investor worry

The headwind of rising U.S. interest rates may be about to ease, but investors are still facing tighter money across the board and some are beginning to sound warning bells about emerging markets as a result.
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Oil hits new high above $74 as supply fears persist

Brent crude oil jumped to a fresh record high above $74 a barrel on Thursday after a steep drop in U.S. gasoline stocks fueled fears of tight summer supplies at a time of growing anxiety over Iran's exports.
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American Airlines quarterly loss narrows

Leading U.S. carrier American Airlines Inc. on Wednesday reported a narrower quarterly loss that handily beat forecasts as rising fuel prices were partially offset by increasing revenue.
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Precious metals race to new peaks on oil, dollar

A roaring rally in precious metals persisted on Wednesday as a weaker dollar and firmer oil pushed gold and silver to 25- and 23-year highs respectively and lifted platinum to a record peak.
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Nikkei up as US rate hike fears ease, Canon up

The Nikkei rose 0.68 percent on Wednesday as Canon Inc. (7751.T) and other exporters climbed after U.S. stocks posted their biggest gains in a year on expectations the U.S. interest rate-hike cycle may be near an end.
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US Consumer prices rise 0.4 percent in March

Soaring energy costs helped push U.S. consumer prices up a steep 0.4 percent last month, while rising apparel prices spurred core inflation more than expected, a government report showed on Wednesday.
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Oil set to hit new peaks this year

A blistering four-year rally in crude oil shows no sign yet of running out of steam and crude could top $80 a barrel this year, boosting fuel costs for consumers and businesses, analysts said on Tuesday.
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US Gulf workforce stretched as storm season looms

With the next storm season looming, the U.S. energy industry is stretched thin as it struggles to rebuild Gulf of Mexico output from the ravages of hurricanes Katrina and Rita amid surging prices, officials said.
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Oil Prices Hit Record $72

Oil surged to a record high above $72 on Tuesday on concern that Iran's nuclear stand-off with the West could cut oil exports from the world's fourth-largest crude exporter.
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HCA warns first-quarter below Street

HCA Inc., the biggest U.S. hospital company, on Monday said it will report lower-than-expected quarterly results, amid a weak flu season, slowing patient admissions in major markets and more uninsured customers.
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Chinese bank denies in talks on Bear Stearns stake

China Construction Bank Corp., one of the country's largest state banks, denied a newspaper report on Monday that it is in early talks with Bear Stearns Cos. that could lead to it taking a minority stake in the Wall Street investment bank.
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Oil hits $70, fears mount over Iran

U.S. crude oil prices hit $70 on Monday, the highest level for nearly eight months, as Iran's pursuit of its nuclear programme heightened fears the U.S. might take military action against the oil-producing nation.
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Halliburton subsidiary KBR files for $550M IPO

Halliburton Co. subsidiary KBR Inc., which generates more than half its revenue from U.S. government Iraq war-related contracts, filed with U.S. regulators on Friday to raise up to $550 million in an initial public offering.
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Time Warner Cable mulls TV ad auctions

Time Warner Cable is in early discussions to create an auction system for advertising spots on video-on-demand channels, modeled after Google's AdSense system on the Internet, the company's CEO said.
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2-Disney to make TV shows available free on Web

Walt Disney Co.'s ABC television network will offer some of its most popular shows, such as Desperate Housewives and Lost, for free on the Internet in a two-month trial, the company said on Monday.

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