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Friday, April 29, 2011

Takeover Digest - Wall Street Journal - April 29

The following were the top stories in The Wall Street Journal on Friday. Reuters has not verified these stories and does not vouch for their accuracy. * While investors and the public have concerns about short-term price increases, long-term inflation-expectation gauges show they appear to have confidence in U.S. Federal Reserve Chairman Ben Bernanke's ability to control inflation over the long-term. * Under orders from U.S. regulators, 14 financial institutions have until mid-June to lay out plans to clean up their mortgage-servicing operations-and another 60 days to make the changes. But progress is uneven. * The U.S. dollar fell Thursday to its lowest point since the summer of 2008, but officials aren't showing signs that they are alarmed by the currency's descent or acting to stem it. * Silver's surge is hurting major users of the precious metal and even a few miners, including some blindsided by the relentless climb.

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