UDPATE 1-Asbestos shares rise after US Senate judges deal

Newswire

(Adds Leahy, closing stock prices) WASHINGTON, May 24 (Reuters) - Shares of companies with asbestos liabilities rose sharply on Tuesday after the U.S. Senate settled an unrelated battle over judges, allowing work to progress on a proposed asbestos victims' compensation fund. Senate Judiciary Chairman Arlen Specter said he would seek to capitalize on the good feelings being generated by the compromise on judicial nominees to get legislation creating the $140 billion fund voted out of his ...

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