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July 31, 2010



Refco ex-CEO charged with fraud, stock trading suspended

NEW YORK, October 13 (newratings.com) – Refco Inc’s (ticker: RFX) former CEO, Phillip Bennett, has been charged with securities fraud. Refco's share price declined before trading in the company’s stock was halted on Thursday.

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Stocks seen to rise

EASING OIL PRICES AND RENEWED INVESTOR interest are expected to perk up stock trading this week, although lower metal prices may dampen demand for mining issues, traders said.

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Markets

SOFTWARE Oracle may pick up 7% stake in Empower Mumbai, July 15Software multinational Oracle Corporation is understood to be in talks for picking up a 7 per cent stake in Empower Industries, which is developing software for mobile stock trading. The Mumbai-based company is in the

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