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Evening Standard9 June 2006 BOOKMAKER Ladbrokes is paying its staff a £250 World Cup shares bonus as they prepare for the busiest betting tournament in history. OTHER STORIES £1bn World Cup of gold Asda is 'cheapest supermaket' Market report: Friday close Savers underestimate pension pots Water giant faces huge new fine THE EDITOR'S PICKS TOP STORY: Bank ditches c ...

US officials have accused ING Groep of failing to properly disclose fees it earned running a $180m (£98m) New Hampshire state retirement fund. Regulators say the Dutch bank did not disclose conflicts of interest that may have affected investment choices. The company denies the charges and said it was cooperating with authorities. New Hampshire regulators have ordered ING to stop any actions that may compromise the fund and said it will be seeking damages from the firm. Dana Ripley, a sp ...

Technology stocks fell on Friday, pushing the Nasdaq to its worst levels in over seven months after an attempt at gains during the session failed to hold as investors awaited key inflation data in the coming week. An upbeat financial update from Texas Instruments Inc. and an upgrade of National Semiconductor Corp.'s stock initially helped boost sentiment towards chip-related firms, though the s ...

The Dow Jones Industrial Average ended at a four-month low Friday in a week where the market succumbed to heavy losses on concerns over inflation, rising global interest rates and slowing economic growth. The Nasdaq Composite Index fell for a sixth straight session to end at a more than seven-month low. The Dow industrials (DJI) fell 46.90 points to 10,891.92. Of the 30 Dow stocks, 22 contri ...

LOS ANGELES (Dow Jones) -- Lawsuits claiming that Lipitor, Pfizer Inc.'s best- selling cholesterol drug, caused memory loss and pain in two patients may have " created undue concern," the pharmaceutical giant said Friday. The New York-based company put forth a response to a suit, which was publicized Thursday, from two East Coast men, one of whom claimed the drug - the world's top-selling medic ...

OAK BROOK, Ill. (Dow Jones) -- Want a smoothie with that Big Mac? How about an Arizona Tea? For the first time in its 51-year history, McDonald's Corp. is looking to shake up the flavors, types and even brands of beverages it sells. The move threatens Coca-Cola's long-standing position as the exclusive supplier of sodas, juices and water at the world's largest fast-food chain. Yet, if McD ...

U.S. stocks turned lower Friday afternoon as investors treaded anxiously ahead of key inflation data next week that will offer a clearer picture on the outlook for interest rates. A bigger-than-expected rise in May import prices did little to ease the inflation fears that have plagued the market since Fed Chairman Ben Bernanke said this week that he was concerned about rising prices. The Dow ...

By Marc Jones LONDON (Reuters) - Tim Whiston, chief executive of healthcare software firm iSoft (IOT.L: Quote, Profile, Research) has said he has no intention of resigning, after the company's third profit warning of the year. "No" said Whiston and Finance Director Gavin James when asked whether they had considered stepping down during a conference call with analysts on Thursday, a recording of ...

U.S. stocks turned mixed Friday afternoon as investors treaded cautiously ahead of key inflation data next week that will offer a clearer picture on the outlook for interest rates. A bigger-than-expected rise in May import prices did little to ease the inflation fears that have plagued the market since Fed Chairman Ben Bernanke said this week that he was concerned about rising prices. The Do ...

Technology stocks moved higher overall on Friday, ending a losing streak that pressured the Nasdaq lower for five straight sessions, following an upbeat financial update from Texas Instruments Inc. and an upgrade of National Semiconductor Corp.'s stock that helped boost sentiment towards chip-related firms. TI (TXN) , the world's largest provider of cell phone chips boosted its financial guidan ...