Reliant Energy settles trading suit for 75 million
Reliant Energy Inc and Deloitte & Touche LLP agreed to pay 75 million to settle 15 class action suits over alleged round trip trades that inflated trading volume and hurt Reliant's shares in 2002. Reliant pays 68 million with insurance coverage. Deloitte 7 million. Court approval required.
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Reliant Energy Inc
Deloitte & Touche LLP
Reliant
Deloitte & Touche
Reliant Energy
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CenterPoint Energy
Securities and Exchange Commission
Commodity Futures Trading Commission
Waste Management to repatriate 485 million in earnings
Waste Management Inc will repatriate about 485 million from its Canadian units under a one year tax break created by the American Jobs Creation Act. The move affects roughly 115 million held by Canadian units as the company reports second quarter profit more than doubling on one time items and warns full year earnings may be at the low end of expectations due to volume decline.
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Washington
Waste Management Inc
U.S
Waste Management
The
Associated Press
Baytown issues permits totaling over five million dollars
Baytown Inspection Division issued residential and commercial building permits valued at 5 711 547 for the week of July 22 28. Additional commercial add ons and remodeling permits valued at 25 552. Notable new commercial permits include Conn s at 2010 Garth for 4 000 000 issued July 26. New residences listed with multiple addresses and values, and a kitchen bath add on for 3514 Singleton Road at 5 000 issued July 28.
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City of
Perry Homes
TCH Pediatric Associates Inc
Jacob White Construction
Conn’s
Garth
Beers LLC
Saber Construction
Independence Blvd
Mulberry Lane
9 Brothers Construction
9 Brothers Construction Co
Mission Viejo
Gerald Smith
Independence
Singleton Road
Charles S. Bitterly
Dow Jones weekly summary signals market shifts
The Dow Jones Industrial Average ends the week at 10,640.91 with a record high of 11,722.98 set on January 14, 2000. Market sectors include large cap growth and value funds, and municipal bonds, with commentary on single-state muni allocations and large cap strategies.
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Dow Jones Utilities
Dow Jones Transportation
NYSE
Russell
Wilshire
Lipper
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