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August 8, 2008

Oil drops sharply on stronger dollar, sends stocks zooming

Oil fell as low as $115.75 Friday in line with declines across commodities as weaker demand and a stronger U.S. dollar outweighed any supply concerns. The sharp drop in oil helped stocks rebound Friday from a sell-off a day earlier.

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Japan's Stocks Rise Fourth Day; Sony Poised to Jump on Earnings

This is a multi-part message in MIME format. ------------=_482B8E97.DB6D1DC8 Content-Type: text/plain; charset=iso-8859-1 Content-Disposition: inline Content-Transfer-Encoding: 8bit Spam detection software, running on the system "server.destinpro.com", has identified this incoming email as possible spam. The original message has been attached to this so you can view it (if it isn't spam) or label similar future email. If you have any questions, see the administrator of that system for details. Content preview: May 15 (Bloomberg) -- Japan's stocks gained a fourth day after ... more...

NYSE Offers $10.2 Billion for Euronext

The New York Stock Exchange, seeking to beat rival Nasdaq Stock Market Inc. in the race to become the first trans-Atlantic stock market, offered $10.2 billion in cash and shares Monday for European exchange operator Euronext NV.

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