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* Expedia Inc., the largest U.S. online-travel agency, said fourth-quarter profit fell 43% on higher expenses and a drop in interest income. The shares plunged 12% after earnings missed analysts’ estimates.
* The cost of repairing 95,000 New Orleans homes damaged by Hurricane Katrina and the flooding that followed will be $8 billion to $10 billion, Mortgage Bankers Assn. said in a report.
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