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* Universal Music Group said it had reached an out-of-court settlement of a copyright-infringement lawsuit against youth-oriented website Bolt.

* The volume of U.S. soda shipped last year by Coca-Cola Co. and PepsiCo Inc. fell 1.2% and 1.3%, respectively.

* La-Z-Boy Inc. said it would close three plants, cut 500 jobs and take a pretax restructuring charge of as much as $10 million.

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