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Volatility a Major Threat to August Stock Prices

CHICAGO – Volatility is starting to stir from its summer slumber as investors bid up options to manage stock market risk before the release of key U.S. economic data and a Federal Reserve policy meeting in early August — catalysts that might unsettle stock prices. The option market’s fear gauge, …

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Ups and Downs for the Week of July 4

This is a partial transcript from “The Beltway Boys”, July 9, 2005, that has been edited for clarity. Watch “The Beltway Boys” Saturday at 6 p.m. ET and Sunday at 1 and 6 a.m. EST. MORT KONDRACKE, CO-HOST: Let’s take a look at this week’s ups and downs. DOWN: French …

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Exxon, Saudi Aramco in $3.5B China Refinery Deal

FUZHOU, China – Exxon Mobil Corp. (XOM), Saudi Aramco (search) and top Asian refiner Sinopec (search) signed a $3.5 billion deal on Friday to expand a refinery in south China, sealing what they called the country’s largest oil project. The deal gives Exxon, the world’s top oil firm, and Middle …

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