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* Wal-Mart Stores Inc. reduced its monthly sales forecast for the first time in a year and a half after shoppers spent less than expected in June on Father’s Day gifts.

* Yahoo Inc.'s Overture Services unit, which sells advertising that appears next to Internet search results, is starting a service that would enable local businesses to target ads to Web surfers in their neighborhoods.

* Microsoft Corp., seeking to fend off the free Linux operating system, will reverse a long-standing policy and let device makers modify its Windows source code. The change applies only to devices such as organizers and cash registers.


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