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January 17, 2008

Exec guilty of inside trading; no prison

SAPPORO (Kyodo) A 53-year-old former company president was sentenced Wednesday to a suspended 18-month prison term for insider stock trading connected to the management merger of three home center Read more

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Morgan Stanley profit tumbles 17 percent

Morgan Stanley on Wednesday reported third-quarter profit fell 17 percent, as the No. 2 U.S. investment bank was slammed by a global credit crisis that cut into stock trading, corporate lending, and results from investments.

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