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May 16, 2006

Standard & Poor’s Lowers Nasdaq Rating

Standard & Poor’s Ratings Services on Tuesday said it lowered its long-term counterparty credit rating and bank loan rating on electronic stock trading exchange Nasdaq Stock Market Inc. to speculative grade, citing its recent acquisitions.

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U.S. To Open Flat As Investors Await FOMC Decision

GM, Boeing shares down pre-market after reporting earnings; Europe trading higher; oil approaching $60 again.

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Stocks fluctuate after Bernanke talk; oil down

Wall Street fluctuated Tuesday, with investors still jittery about the nation's ailing financial system but relieved to hear Federal Reserve chairman Ben Bernanke say the central bank might extend its lending efforts to investment banks.

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Carrefour Falls the Most Since 2000 on Weaker Growth

July 10 (Bloomberg) -- Carrefour SA , Europe's biggest retailer, fell the most in more than eight years in Paris trading after saying second-quarter sales growth slowed on weaker spending at its French superstores. More...

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