SEC complaint vs. Mark Cuban dismissed: AP

Date: Friday, July 17, 2009

SEC complaint vs. Mark Cuban dismissed: AP

A civil insider trading lawsuit filed against Dallas Mavericks owner
Mark Cuban has been dismissed by a federal judge, according to the
Associated Press.

BANK OF AMERICA'S PROFIT SLIPS 5.5%

Bank of America says its profit slipped 5.5% in the second quarter as
credit-loss provisions continued to overwhelm record trading profits and a
multibillion-dollar gain from the sale of China Construction Bank shares.

CITI REPORTS PROFIT AFTER GAIN FROM SMITH BARNEY

Citigroup posts a quarterly profit after a huge one-time gain from a
joint-venture deal at its Smith Barney brokerage, but absent that gain,
business remained a tough slog.

GENERAL ELECTRIC'S QUARTERLY PROFIT TUMBLES 47%

General Electric Co. says profit fell 47% in the second quarter, as revenue
comes in weaker than expected.

MATTEL PROFIT SURGES WHILE SALES SLUMP

Mattel, the maker of Barbie and Fisher-Price toys, says its latest quarterly
profit nearly doubled despite selling fewer toys.