COMPANIES

Is the Outcry against Barbie Doll's Tattoos a Big Deal?

Barbie Dolls
Barbie, the figurehead of the brand Mattel Dolls and Accessories, has been an important part of the toy fashion doll market for fifty years, and has been the subject of numerous controversies and lawsuits, often involving parody of the doll and her lifestyle.
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Liquidnet Sued by Wedbush over Trade Secrets

Liquidnet Inc, a U.S. venue where institutions anonymously trade public stocks, was sued by Wedbush Securities Inc for allegedly stealing trade secrets to start a rival business trading shares of private companies.
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Roland Emmerich

Sony scuttles wide release plan for Anonymous

Nine days before it was scheduled to release Anonymous to thousands of movie theaters across the country, Sony will begin the movie's run in only 250 theaters, TheWrap has confirmed.
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New York Times Company Reports $15.7M Profit

The New York Times Company on Thursday announced a third-quarter profit of $15.7 million, buoyed by 324,000 paid subscriptions to its Web site. The online gains offset an 8.8 percent drop in ad revenue.
The Yahoo! offices are pictured in Santa Monica

Nondisclosure Demand Irks Bidders for Yahoo

Some potential buyers of Yahoo Inc are balking at the Internet company's demands for confidentiality that would prevent them from discussing joint bids, according to several people close to the situation.
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Harrisburg Goes Local in Tapping Bankruptcy Lawyer

You might think the capital city of a U.S. state would tap a high-powered, national law firm to handle its bankruptcy case. But when Harrisburg, Pennsylvania filed for bankruptcy last week, it hired a one-lawyer, local shop with no bankruptcy experience.
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Citi to pay $285 Million to Settle CDO Case: SEC

Citigroup Inc will pay $285 million to settle charges that its U.S. broker-dealer unit misled investors about a $1 billion mortgage bond deal, the U.S. Securities and Exchange Commission said on Wednesday.
BNY Mellon Sign

Bank of New York Mellon Q3 Earnings Up, Beats Analyst's Call by a Penny

The Bank of New York Mellon Corporation (NYSE: BK) reported a third quarter net income of $651 million, or $0.53 per common share Wednesday morning, an increase of 4.7 perecent when compared with $622 million, or $0.51 per common share, in the third quarter of 2010. The results were a penny over mean analyst predictions of $0.52 per share.

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