U.S. stocks were near their session lows at midafternoon, with tech and Internet stocks deepest in the weeds.
T. Eric Kilcollin today announced his resignation as president and chief executive of the
Chicago Mercantile Exchange
, to be effective in 60 days.
European bourses generally closed lower.
Asian markets were also mixed, as Japan's
picked up 217.37 to close at 14,245.42, while Hong Kong's
lost 266.34 to 10,048.57.
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A California jury has ordered
to pay $120 million to the widow of a man denied coverage for experimental cancer treatment.
is considering opening its own line of fashion and sports clothing, according to the
reported fourth-quarter earnings of $1.35 a share, 8 cents better than both the
estimate and the year-ago figure.
reported fourth-quarter earnings of 28 cents a share, down a nickel from last year.
said they will close their acquisition and division of
rail lines on June 1.
said it will increase its planned stock buyback to as much as $5 billion.
has expressed interest in buying rival
America West Holdings
broke the news yesterday afternoon.
said it has hired
to look into the possible sale of its auto components operations.
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reported fourth-quarter earnings of 61 cents a share, in line with Street estimates.
reported first-quarter earnings of $1.05 a share on strong computer chip and switching system sales, beating analysts' expectations.
said it's looking for an investor to help the company compete, two days after high-speed Internet service provider
agreed to buy
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The lower house of the Brazilian Congress voted to tax retirees' social security checks and increase civil servants' contributions to the pension system.
The latest on Japanese banking consolidation:
Sumitomo Trust & Banking
have denied recent reports that they are in merger talks.
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About 400 people, including Communist Party leader
, commemorated the 75th anniversary of
death by decorating his Red Square mausoleum with wreaths and carnations.
The U.S. trade deficit grew to $15.5 billion in November, according to
figures. The 1998 deficit has already reached a record high of $153.9 billion, with December yet to be counted.
defense team will conclude their oral presentations rebutting
managers' charges today.
Religious riots among Christians and Muslims in eastern Indonesia have killed at least 24 people over the past three days.
Thus spake the Motor City Madman: Rocker
is organizing a boycott of Canadian tourism to protest Ontario's banning of its spring bear hunt.
Utah Attorney General
said she plans to open a fifth probe into the Salt Lake City Olympic bribery scandal after reports by the
Salt Lake Organizing Committee
International Olympic Committee