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UBS hit with New York auction-rate security suit
UBS hit with New York auction-rate security suit
12:59pm: NY State AG Andrew Cuomo files civil suit against Swiss banking giant for falsely marketing and selling investment to retail investors. more
GE teams with Abu Dhabi fund
Jul 23: Sovereign fund Mubadala and GE plan commercial finance unit, aircraft service and sales in Middle East; Mubadala intends to invest over $2B over three years.  more
Oil rises slightly
7:28am: Crude decline pauses after falling more than $4 a barrel in the previous session due to declining demand. more
Daimler sales rise 6%
8:28am: German automaker blames stake in Chrysler and slowing global economy. more
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 Nokia27.29+0.59+2.21%
 Elan32.34-1.20-3.58%
 ASM Lithography Holding32.86+0.45+1.39%
 Taiwan Semiconductor9.88-0.26-2.56%
 Vodafone Group Plc26.34-0.86-3.16%
FORTUNE International
America's hottest investor
America's hottest investor
Never mind the rocky market. After a string of supersmart calls, mutual fund manager Ken Heebner is putting up the best numbers of his sterling career. more
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