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Philippine economic growth slowest in 3 years

MANILA, Philippines (AP) - The Philippine government blamed high world oil prices and inflation for disappointing second-quarter growth, the lowest in three years, but the president's spokesman Friday ruled out any major policy changes. 10:28 PM ET

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Caterpillar expects 2008 sales and rev of more than $50 bln

SAN FRANCISCO (MarketWatch) -- Caterpillar Inc. expects 2008 sales and revenue to exceed $50 billion, up from its previous forecast of about $50 billion, according to a disclosure submitted by the company Thursday. The new outlook was released by Chairman and Chief Executive Officer James Owens at a press conference in Beijing, China. At MarketWatch 5:32 PM ET

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Australia's Sapphire Coast

Australia's Sapphire Coast At Wall Street Journal 8:13 PM ET

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MASS Petroleum Inc. Announces Appointment of New President and Chief Executive Officer

MASS Petroleum Inc. ("MASS") (OTCBB: MASP) is pleased to announce that Mr. Oleg Bilinski has replaced Mr. Gary Chayko as President and CEO of MASS. MASS has accepted the resignation of Gary Chayko as President and CEO and appointed Mr. Bilinski, an existing Director of MASS, to fill the positions. Mr. Chayko's resignation was not due to any disagreement with MASS and Mr. Chayko has accepted a position on MASS's Advisory Board. 8:40 PM ET

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Cell Phones Make Headway in Education

Cell phones have long been anathema in the classroom, banned as a potential distraction, at best, and as a possible vehicle for cheating, at worst. But lately, educators have begun changing their tune on mobile phones. 8:00 AM ET

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Two Ways To Play: Nothing Gold Can Stay

According to Bloomberg an “unusually large” order wiped out Rand Refinery’s inventory of South African gold coins called Krugerrands. Rand the world’s largest refinery said the order was from a buyer in Switzerland and was for 5 000 ounces. It will take until September 3rd for the inventories to be replenished. Physical demand for precious metals has risen in the past few weeks. Recently the US Mint suspended sales of one-ounce “American Eagle” gold coins and Johnson Matthey also stopped taking order for 100-ounce silver bars because of this heavy At Minyanville 4:27 PM ET

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Dell's Profit Pinched (Update 2)

A move to increase sales hits the bottom line. At TheStreet.com 7:16 PM ET

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Market Report -- In Play (QCOM)

Qualcomm announced Federal District Court rules on alleged violations of injunction Co announced that the District Court for the Central District of California issued a ruling on Broadcom's motion to 6:39 PM ET

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