Intellectual Ventures (IV) wanted to collect a combined USD310 million in patent licensing fees from security firms Symantec and Trend Micro.

An anonymous People's Bank of China (PBOC) official had met with local money dealers in the bank's efforts to stave off investor worry about rising short-term rates.

Judge Mariana Pfaelzer of the US District Court of Los Angeles temporarily approves Countrywide settlement for devalued residential mortgage backed securities.

A Wall Street Journal report cited sources who said Morgan Stanley plans to seek approval from the US Federal Reserve regarding its plans to widen its share repurchase program.

Chrysler amended some of the statements it made for its initial public offering filing. Chrysler Group made changes to its registration statement for its initial public offering.

A stockholder of NQ Mobile Inc filed a case against the Chinese firm for incurring losses after a research report said NQ had inflated its revenues.

A report from the Associated Press revealed that more US troops were taking refuge in military lipo to meet strict physical fitness requirements.

Analysts said the European Commission's approval of Actelion's lung disease drug would have potential investors bid for the Switzerland-based drugmaker.

A rival of Google Inc was not satisfied with the search giant's latest proposal to address antitrust complaints.

The Gulf region, after years of doldrums, is now on the road for recovery according to Morgan Stanley executives.