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Wall St. extends rise, investors see no change in Fed policy

NEW YORK - Stocks advanced for a second straight day on Tuesday as investors bet the Federal Reserve would temper statements which were interpreted to mean a sooner-than-expected winding down of stimulus efforts. | Video

Recent Business News

Exclusive: SunGard explores $2 billion data unit sale - sources

NEW YORK - SunGard Data Systems Inc, the computer software maker that was taken private in 2005 for $11.4 billion, is exploring a sale of its data managing operations that could fetch up to $2 billion, several people familiar with the matter said on Tuesday.

Huawei says has no plans to buy Nokia

NEW YORK - Chinese network equipment and cellphone maker Huawei Technologies Co said it "has no plans to acquire Nokia", responding to a Financial Times report that it would consider buying the Finish phone maker.

Duke Energy turns to insider to succeed CEO Rogers

- Duke Energy Corp has turned to an insider, Chief Financial Officer Lynn Good, to take over as chief executive when Jim Rogers steps down as part of a regulatory settlement linked to its $18 billion takeover of Progress Energy.

5:05pm EDT

G8 pledges action on tax evasion, few concrete measures

ENNISKILLEN, Northern Ireland - The world's rich economies said they would take a tougher stance on fighting money laundering and tax evasion but promised little in the way of specific new action at the end of a two-day summit on Tuesday. | Video

3:58pm EDT

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