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Stocks rose on a New York Times report that JPMorgan Chase & Co. is in talks to boost its offer to $10 per share from $2. The discussions are aimed at soothing Bear Stearns shareholders upset over JPMorgan's earlier offer, which was made at the behest of the Federal Reserve when Bear Stearns was near collapse.
http://biz.yahoo.com/ap/080324/wall_street.html (http://biz.yahoo.com/ap/080324/wall_street.html)