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May 23, 2006

NYSE unveils $10.2 billion offer to buy Euronext

The New York Stock Exchange and the Nasdaq Stock Market Inc. are racing to become the first trans-Atlantic stock trading center. It’ll be an expensive, time-consuming proposition involving a fair amount of risk for stock exchanges on both sides of the ocean.

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Lehman Bros. Q2 profit rose 27%

Lehman Bros. Holdings Inc., the nation's fourth-largest investment bank, said Tuesday robust stock trading and buyout business pushed second-quarter profit up 27% year-over-year.

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Japan Hot Stocks-SBI Holdings, Tokio Marine, Hino Motors

TOKYO, July 24 (Reuters) - The benchmark Nikkei average <.N225> rose 1.1 percent and the broader TOPIX <.TOPX> added 1.1 percent as of 0354 GMT on Thursday.

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Industry Report: August 22, 2005

Cordes drops the other shoe at Benz, DC insider-trading spied.

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