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U.S. stocks were near the flat line late in Tuesday's session, after the minutes of the latest Federal Reserve monetary policy meeting provided few clues about the central bank's next interest rate move. The minutes showed that the Fed has cut its growth forecast, but also is leaving open the option of further rate increases. The Dow Jones Industrial Average (DJI) was down 12 points at 11,33 ...

When Jose Fujita heard his company was opening a factory in Manaus, a city in the heart of the Amazon, he jumped at the opportunity to relocate from Sao Paulo. "In Sao Paulo, life is getting difficult, crime is increasing and the pollution is very bad," says Mr Fujita, a finance manager with components manufacturing company Wapmetal. "In Manaus, there are good jobs, things are much more peaceful and my family can breath clean air." More Brazilians are following the Fujita family's lead. Tw ...

LOUISVILLE, Ky. (AFX) - Sypris Solutions Inc., which provides technical services to government agencies and contractors, said Tuesday that its board declared a regular quarterly cash dividend of 3 cents per share. The company will pay the dividend on Oct. 10 to shareholders of record on Sept. 22. Copyright 2006 Associated Press. All rights reserved. This material may not be published, broadcast, ...

BOSTON (Dow Jones) -- Schering-Plough Corp. said Tuesday that it agreed to plead guilty to conspiracy and pay $435 million to settle an investigation into its sales and marketing practices by the Justice Department and the U.S. Attorney's Office of Massachusetts. In a statement, the Kenilworth, N.J.-based drugmaker said that the settlement, which is subject to court approval, calls for the comp ...

CINCINNATI (Dow Jones) -- With Monday's gains, the major U.S. benchmarks are once again challenging resistance. Both the S&P 500 and the Dow industrials briefly notched three-month intraday highs on Monday before edging back within their respective former ranges. The S&P 500's hourly chart above serves as a detailed view of the past three weeks. Since spiking two weeks ago, the S ...

WASHINGTON (Dow Jones) -- Real U.S. median household income rose 1.1% in 2005, climbing for the first increase since 1999, but inflation-adjusted incomes still have not recovered fully from the 2001 recession, the Census Bureau reported Tuesday. Real median incomes for 2005 rose 1.1% to $46,326 but were down 0.5% from 2001's $46,569. Median income means half of the 114.4 million U.S. households ...

U.S. stocks were mildly lower Tuesday, after the minutes of the latest Federal Reserve monetary policy showed that the central bank is worried about further economic slowing and that more rate hikes are possible. The negative economic forecast was offset to some extent by news of the lowest crude-futures prices since April. The Dow Jones Industrial Average (DJI) was down 12 points at 11,339. ...

(Updating with full report) AMSTERDAM (AFX) - Amsterdam shares closed slightly lower, pulling back from earlier strong gains, on Wall Street's negative morning trade after the release of disappointing consumer confidence figures, dealers said. The AEX closed 0.01 points lower at 467.77, after trading in the range 467.50-470.79. Government bonds traded down while the euro stood at 1.2765 usd ver ...

(Adds analyst comment and closing share price) LONDON AFX - British energy major BP PLC confirmed it was facing a US investigation over whether the group had manipulated crude oil and motor fuel markets. "We are aware of the investigation and we are fully cooperating with the regulators," said a London-based spokesman for BP, which is also facing questions over slashed output at the Pr ...

ATLANTA (AFX) - Supply chain management software maker American Software Inc. said Tuesday it will pay a quarterly dividend of 8 cents per share. The company will distribute the dividend on Dec. 8 to shareholders of record Nov. 20. Copyright 2006 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.