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Financial News

Wealthy Dallas brothers become SEC fraud target (AP)

FILE ** In this file photo of Sept. 2, 2008 Sam Wyly poses at his Explore book store in Aspen, Colo. Famed Dallas billionaire investors Sam and Charles Wyly made $550 million in undisclosed profits through 13 years of insider trading in the shares of companies on whose boards they served, according to a Securities and Exchange Commission lawsuit filed Thursday July 29, 2010 .(AP Photo/Ed Kosmicki,File)AP - Brothers Charles and Sam Wyly, born a year apart during the Great Depression, almost always have been joined at the hip.


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Stocks are mixed but had best month since July '09 (AP)

AP - WHAT A MONTH: The Dow Jones industrial average and Standard & Poor's had their best month since July 2009 and their first winning month since this past April. Strong earnings were behind the big gains.

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Stocks end July with big gain; Dow gains 7.1 pct (AP)

FILE - In this July 28, 2010 file photo specialist Donald Civitanova, left, and trader Maier Tarlow work on the floor of the New York Stock Exchange. Stock futures dropped Friday, July 30, as investors cautiously awaited the government's first reading on gross domestic product. (AP Photo/Richard Drew, filw)AP - Stocks had a fitting end to a choppy July as prices seesawed their way to a narrowly mixed finish. The market still had its best month in a year.


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