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Reuters Business Week 1:23 Report

Aug. 17 - Wall Street faltered every day this week until the Federal Reserve gave investor sentiment a shot in the arm with a surprise rate cut.

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NEW YORK (Reuters) - Galleon hedge fund founder Raj Rajaratnam and co-defendant Danielle Chiesi asserted their innocence on Monday to charges of securities fraud, in what U.S. prosecutors describe as the biggest hedge fund insider trading case ever.

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The battered M&A sector will make a tepid recovery in the coming year and three hot sectors will lead the way, according to a Thomson Reuters analysis.  Full Article 

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