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IN BRIEF.(TO THE POINT)
IBM has quietly axed nearly 5,000 jobs in the past two weeks.
Moody's may cut long-term debt ratings for Verizon and Verizon Wireless, citing their high debt loads and rising competition.
Collegis, which provides technology and management services to schools, filed a $75 mil IPO.
Henry Kissinger will become European adviser to buyout firm Hicks, Muse, Tate & Furst.
Dominion Homes filed to sell 1.75 mil shares.
FedEx expects positive free cash flow in fiscal '02. It ...
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