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ID: 33023
Title: Stocks up despite cloudy retail outlook (AP)
Description:

Vonage Holdings Corp. Founder, Chairman and Chief Strategist Jeffrey Citron, center, gets a handshake from New York Stock Exchange CEO John Thain after he rang the opening bell, in this May 24, 2006 file photo. Joining the celebration of the company's initial public offering is Vonage CEO Michael Snyder, right. Snyder resigned Thursday, April 12, 2007 as the troubled Internet phone company reported weak preliminary first-quarter results and announced a restructuring plan that includes an unspecified number of jobs cuts. Citron will act as interim chief executive as the company seeks a replacement for Snyder, who joined Vonage in advance of last year's initial public offering of stock, a debacle for investors. (AP Photo/Richard Drew, file)AP - Stocks resumed their advance Thursday following a one-day hiatus as investors looked past a somewhat cloudy picture for retail sales and higher oil prices. The Dow Jones industrial average has shown gains in nine of the last 10 sessions.
Category: Business/Stock Markets/
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Date Added: April 12, 2007 09:40:29 PM
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