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May 29-June 4

 

A June 2 column, Are Health Care REITS on the Mend?, incorrectly said every 100 basis-point increase in interest rates would translate to an additional interest rate expense of $5 billion for Meditrust (MT:NYSE). In fact, it would raise the company's interest rate expense by $5 million. (corrected June 2.)


A May 29 story, Old World Barn: Cisco Gets Set to Open Manufacturing Plant, incorrectly referred to the Financial Accounting Standards Board as the Federal Accounting Standards Board. (corrected May 31)


A headline on a May 30 market report incorrectly said that the Nasdaq's 254.3 point gain was the largest point gain ever. In fact, it was the second-largest point gain ever. (corrected May 30)


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