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Today’s headlines
Investors step back, pocket profits
The Dow slides as some on Wall Street fear the Fed will raise rates before earnings improve.

Florida Power reaches deal on new rates
Details on the last-minute agreement reached with consumer groups will be revealed by next week.

Defiant Andersen pleads not guilty
Backed by hundreds of workers, the company wins a quick trial date in its legal battle to survive.

Business today
COMPAQ SHAREHOLDERS OKAY SALE: By a 9-1 ratio, Compaq Computer Corp. investors gave their approval for Hewlett-Packard Co.'s acquisition of their company, a day after HP claimed victory in its contentious shareholder vote. "It's the only combination in the industry that makes sense," chief executive Michael Capellas said at an investor meeting in Houston. Compaq shares fell 32 cents to $10.82. Shares of Hewlett-Packard fell 60 cents to $18.20.