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Asian markets were mostly weaker, with Japan's Nikkei Stock Average finishing 0.5% lower as the yen strengthened slightly, backing away from the widely watched 100-per-dollar level.
WSJ: Stocks Jump for Week Despite Loss Friday
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Japan's Nikkei Stock Average rose 0.7%, finishing at a 52-week high, with a 3.6% advance for the week.
WSJ: Stocks Close Broadly Higher
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Buffett is putting the finishing touches on Berkshire, making his passing uneventful for the stock.
FORBES: Managing Money
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As for foundations and operating charities, says Commonfund, they also fared poorly, finishing the 2011 calendar year in slightly negative terriory and lagging the broader stock and bond markets.
FORBES: Why Do Colleges And Charities Speculate With Your Donations?
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The 30-stock Dow climbed as high as 14, 286 in afternoon trading, finishing the day with a 126 point, or 0.9%, gain to 14, 253.77.
FORBES: Markets Rewind: March Comes In Like A Bull As Stocks Race To Record Highs - Forbes
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The 500-stock index gained 15 points, or 1%, to 1, 539.79, finishing just over 25 points below its 1, 565.15 peak.
FORBES: Dow Closes At Record 14,254 As Rally Keeps Rolling
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Renard saw his stock rise after he guided an unfancied Zambian side through a tough group at the Nations Cup, finishing top ahead of Cameroon, Tunisia and Gabon.
BBC: Renard targets 2012 Nations Cup