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The Galveston County Daily News : Business

April 17, 2014

Business

Top Story

Man to plead guilty in Disney insider info case

LOS ANGELES (AP) — A man will plead guilty to securities fraud and pay regulators around $801,000 for using insider information to profit from Disney's $4 billion acquisition of Marvel Entertainment in 2009.

  • icon Updated: Yesterday

Latest Headlines

Wednesday 04/16/2014
Zoosk files for IPO valued at up to $100 million
Updated: April 16, 2014 - 8:02 pm

NEW YORK (AP) — Online dating service Zoosk is filing for an initial public offering worth as much as $100 million.

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2 House Dems pressing inquiry into Tenn. VW vote
Updated: April 16, 2014 - 8:02 pm

WASHINGTON (AP) — The fight over whether workers at a Volkswagen plant in Tennessee can unionize is moving to Washington.

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Official: 6 subpoenas in NY stock trade probe
Updated: April 16, 2014 - 7:04 pm

ALBANY, N.Y. (AP) — An official familiar with the investigation says the New York Attorney General's Office has issued subpoenas to six firms and sent a letter to another for details about split-second stock trading and any unfair advantages.

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Reynolds brings back Susan Cameron as CEO
Updated: April 16, 2014 - 7:04 pm

WINSTON-SALEM, N.C. (AP) — Reynolds American has elected board member and former leader Susan Cameron as president and CEO of the tobacco company.

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How the Dow Jones industrial average fared
Updated: April 16, 2014 - 7:04 pm

Stocks closed higher for the third day in a row on Wednesday as investors welcomed a crop of solid company earnings and encouraging economic news from China and the U.S. The major stock indexes hit their highest level since April 9. Yahoo and Delta Air Lines posted some of the biggest gains. For every stock that declined, nearly four rose.

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Capital One Financial's profit edges up
Updated: April 16, 2014 - 7:04 pm

MCLEAN, Va. (AP) — Capital One Financial Corp. says its first-quarter profit edged up, even as income it receives from lending slipped.

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AmEx posts higher 1Q profit as spending picks up
Updated: April 16, 2014 - 6:06 pm

NEW YORK (AP) — American Express says its net income climbed 12 percent in the first quarter, helped by higher spending by its cardholders even as cold winter weather gripped much of the country.

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IBM posts lower 1Q earnings, revenue
Updated: April 16, 2014 - 6:06 pm

NEW YORK (AP) — IBM says its first-quarter earnings fell because of a large charge related to reorganizing its work force. Revenue fell amid an ongoing decline in its hardware business.

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