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B4 The Bell Humpday, April 7, 2004


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Bush, Blair to Meet to Discuss Iraq Next Week

EL DORADO, Ark. (Reuters) - With violence on the rise in Iraq, Britain's Prime Minister Tony Blair will meet with President Bush next week to discuss the situation there, government officials familiar with the matter said Tuesday.

The two leaders are expected to meet at the White House on April 16. Britain has been the foremost supporter of the U.S.-led effort to remove Iraqi President Saddam Hussein but Blair has received strong criticism from Britons for participating in the conflict.

 

Bush vowed Monday to stick to a June 30 deadline for handing over Iraqi sovereignty, even as a Shi'ite uprising against the U.S.-led occupation stirred fears of a civil war.

 

http://www.reuters.com/newsArticle.jhtml?t...67&section=news

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=DJ Seagate Technology Dn After Company Issues 3Q Warning>STX

 

By Donna Fuscaldo

Of DOW JONES NEWSWIRES

 

NEW YORK (Dow Jones)--Shares of hard disk drive maker Seagate Technology (STX) plummeted Wednesday, after the company issued an earnings warning for its third quarter.

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GAO: Most U.S. firms paid no tax in late '90s

 

By Warren Vieth

Los Angeles Times

 

WASHINGTON ? More than half of U.S. corporations paid no federal income taxes during the boom years of the late 1990s, and those that did were able to shelter much of their income, according to the congressional General Accounting Office.

The report showed 61 percent of U.S. corporations paid no federal income taxes from 1996 through 2000. The study was based on an IRS sampling of more than 2 million tax returns, most from smaller companies.

 

An estimated 94 percent of U.S. corporations reported tax liabilities amounting to less than 5 percent of their income in 2000.

http://seattletimes.nwsource.com/html/nati..._corptax07.html

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The Securities and Exchange Commission is examining mutual-fund trading at a Morgan Stanley (MWD) branch office in Baltimore where two employees recently were dismissed in connection with clients' fund-trading practices, Wednesday's Wall Street Journal reported, citing people familiar with the matter.

 

The security firm's Baltimore branch manager, Harry Buzzered, and a broker, Chris Glassman, were dismissed in March for activities related to market-timing of mutual funds by clients of Mr. Glassman, people familiar with the situation said.

 

A Morgan Stanley spokeswoman confirmed Mr. Buzzered and Mr. Glassman aren't any longer with the firm. However, the spokeswoman declined to comment on the reasons for the pair's dismissal, as well as any SEC investigation. Neither Mr. Buzzered nor Mr. Glassman could be reached to comment. An SEC spokesman declined to comment.

 

Dow Jones Newswires

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