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07/08/2010 07:38:00 PM EST

As BP nears plugging leak, shares have rebounded

NEW YORK-(AP) BP shares are closing in on a second straight weekly gain as the oil company gets closer to plugging a blown-out well in the Gulf of Mexico.

The shares have gained about 23 percent since hitting a 14-year low of $27.02 on June 25. They rose 55 cents to close…

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