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Canada's S&P/TSX Rises as Energy Shares Gain on Industry Merger (Bloomberg.com) - June 23 (Bloomberg) -- Canadian stocks were headed for their first weekly gain in three on speculation there may be more energy-industry mergers after Anadarko Petroleum Corp. bought Kerr-McGee Corp. and Western Gas Resources Inc. for $21 billion.

Arizona reaping benefits of film industry tax incentives (The Arizona Republic) - The movie industry is a multi-billion dollar industry, and Arizona is getting a larger piece of that pie this year. Films shot in Arizona this year could funnel more than $100 million into the state's economy, Harry Tate, director of the Arizona Department of Commerce Film Office, told local business and community leaders Thursday.

Pequot probe may serve as warning to hedge fund industry (Market Watch) - NEW YORK (MarketWatch) -- A Securities and Exchange Commission inquiry into Pequot Capital Management is just the latest evidence of tightening in the regulatory environment for the battered hedge fund industry.

Taiwan's TSMC sees steady chip industry growth over next 10 years (AFP via Yahoo! News) - Taiwan Semiconductor Manufacturing Co., the world's largest contract microchip maker, said it expects the global integrated circuit industry to sustain steady growth over the next 10 years.

Industry Campaign Targeted For July Launch (Broadcasting and Cable) - Former Motion Picture Association of America head Jack Valenti tells B&C that the pan-industry consumer awareness campaign on parental content control he is heading is targetted for launch before Congress' August recess.

Canada's S&P/TSX Rises as Energy Shares Gain on Industry Merger (Bloomberg.com) - June 23 (Bloomberg) -- Canadian stocks rose for a third day, led by Encana Corp., on speculation there may be more mergers in the energy industry after Anadarko Petroleum Corp. bought Kerr- McGee Corp. and Western Gas Resources for $21 billion.

International Office Invites Industry To New Web Site (Compliance Reporter) - The SEC's Office of International Affairs has invited industry participants to visit its newly revamped Web site.

Auto industry groups in state join efforts (Sacramento Business Journal) - California's three big trade associations for the independent sector of the automotive industry say they'll work more closely together to address issues of mutual concern.

Film industry in Montreal looking up (CBC via Yahoo! Canada News) - Three big-budget movies are giving the Montreal film industry a much-needed boost.

Top ads' mix of new, old, reflect an industry in transition (USA Today) - The range of advertising winning awards this week at the Cannes Lions International Advertising Festival reflects an industry in flux. The competition wraps up Saturday with the Film Lions for the world's best commercials, with the top contenders running the gamut from high-tech to old tech.