Financial Hub Logo Financial Hub
iPage site builder banner
37
TOKYO (MarketWatch) -- A New York state appeals court on Tuesday dismissed Dan Rather's $70 million lawsuit against CBS Corp. in which he claimed the network violated his contract after it forced him out as the anchor of the "CBS Evening News" in March 2005, according to news reports. The ruling by a panel of judges of the New York State Supreme Court Appellate Division said Rather's complaint should be dismissed in its entirety and that a lower court erred in denying CBS's motion to throw out the lawsuit. Rather's lawyer reportedly said he planned to appeal.

Market Pulse Stories a
Read More
re Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



48
WASHINGTON (MarketWatch) -- The Securities and Exchange Commission's inspector general on Tuesday recommended that the agency's enforcement division make changes to how it handles tips and complaints after it failed to follow up on detailed complaints and missed exposing the biggest fraud in the history of the agency, a $50 billion Ponzi scheme perpetrated by Bernard Madoff. The SEC should "require tips and complaints to be reviewed by at least two individuals experienced in the subject matter prior to deciding not to take further action," according to one of 20 post-Madoff recommendations mad
Read More
e by the agency's inspector general.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



52
HONG KONG (MarketWatch) -- Hong Kong shares staged a strong rebound early Tuesday to snap out of a four session losing streak, with HSBC Holdings as well as Chinese banks leading the advance following sharp overnight gains on Wall Street. The Hang Seng Index rose 1.8% to 20,950.45, while the Hang Seng China Enterprises Index added 2% to 11,987.90. Shares of heavyweight HSBC gained 2.2%, with Bank of China and Bank of Communications adding 2% each. The rise came in spite of weakness in shares traded on the mainland, where the Shanghai Composite recently dropped 0.2% to 2,759.51.Market Pulse
Read More
Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



52
NEW YORK (MarketWatch) -- Cabot Oil & Gas Corp. said late Sunday it's complying with the Pennsylvania Department of Environmental Protection (PADEP) to shut down hydraulic fracturing of its wells in Susquehanna County, part of the Marcellus shale region. Despite the shutdown, Cabot said it'll end the third quarter with production slightly above the upper level of its forecast. "Because of this fact and the expeditious effort to resolve the PADEP matter, we see no reason to adjust guidance at this point," the company said. Analysts at Tudor Pickering Holt noted that three "smallish" fluid spil
Read More
ls in the same week at the same site triggered a state moratorium on Cabot's well completion, but the move doesn't affect drilling or production. "The next steps are (to) update water/control/disposal plans," Tudor Pickering Holt analysts said. (Corrects to make clear that announcement concerns only Cabot's operations.)Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



33
TOKYO (MarketWatch) -- South Korea's leading mobile carrier SK Telecom Co. said Monday that it will sell its 3.8% stake in China Unicom Ltd. to the Chinese mobile carrier, according to Yonhap News. SK Telecom had purchased convertible bonds worth $1 billion from China Unicom in July 2006 and in August 2007, SK Telecom converted the China Unicom bonds into shares, the report said. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Read More
YUDQsThf2gs/0/da">


40
LONDON (MarketWatch) -- British Prime Minister Gordon Brown, speaking during a televised BBC interview, denied taking anti-depressant drugs as he also said that eyesight in his remaining functioning eye has not deteriorated. The issue over anti-depressants was raised recently when his dietary requirements matched restrictions associated with anti-depressant use. He also said that a new rule addressing bank bonuses would be introduced. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Read More
"http://feedads.g.doubleclick.net/~at/vZGKqEpLX35VZ-YnmfPeoYjL6j4/0/da">


49
NEW YORK (MarketWatch) -- U.S. stocks on Friday flirted with the idea of turning positive before stepping back into the red, with an about-face in the direction of crude-oil futures helping the brief late-session shift. The Dow Jones Industrial Average was lately off 4.53 points at 9,702.91, with the blue chips readying for a weekly decline of 1.2%. The S&P 500 fell 1.89 points to 1,048.89, which would translate into a 1.8% decline from the week-ago close. The Nasdaq Composite shed 9.86 points to 2,097.75, poising the technology-laden index for a 1.6% weekly fall.Market Pulse Stories are Ra
Read More
pid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



51
NEW YORK (MarketWatch) - U.S. stocks on Friday ended lower for a third day, with the major indexes all down for the week, as economic reports curbed views of the strength of the recovery and as an outlook from Research In Motion Ltd. weighed. The Dow Jones Industrial Average fell 42.25 points, or 0.4%, to 9,665.19, giving it a weekly loss of 1.6%. The S&P 500 declined 6.4 points, or 0.6%, to 1,044.38, off 2.2% from the week-ago close. The Nasdaq Composite slumped 16.69 points, or 0.8%, to 2,090.92, a weekly loss of 2%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and ma
Read More
rkets as they move. Visit MarketWatch.com for more information on this news.



63
SAN FRANCISCO (MarketWatch) -- Atlanta's Georgian Bank became the 95th bank failure of the year, according to the Federal Deposit Insurance Corp. on Friday. First Citizens Bank and Trust Company Inc. of Columbia, S.C., will assume all of the deposits of Georgian Bank, estimated at about $2 billion as of July 24. Georgian Bank also had total assets of $2 billion, which First Citizens agreed to purchase. The cost of the failure to FDIC's deposit-insurance fund is $892 million. Georgian Bank also marks the 19th bank failure in the state this year.Market Pulse Stories are Rapid-fire, short news bu
Read More
rsts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



60
LONDON (MarketWatch) -- The European Central Bank said the annual rate of growth of M3 decreased to 2.5% in August 2009, from 3.0% in July 2009. The three-month average of the annual growth rates of M3 over the period slowed to 3% from 3.4%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


Read More
ketwatch.com/~ff/marketwatch/marketpulse?a=aESh-gllBOU:_cf3XqnXmWE:yIl2AUoC8zA">
Join Our Newsletter:


What is Financial Hub?

Financial Hub is a unique web place where you can dig, publish, share financial information and news. Here you will learn how to earn, save, multiply, and spend money. Register at Financial Hub and you will get to know everything about money?

Latest Comments
Financial Hub News