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September 3, 2007

(AFX UK Focus) 2007-09-03 02:05 GMT: Tokyo shares open lower on muted Wall Street reaction to Bush subprime measures

TOKYO (Thomson Financial) - Tokyo shares opened lower Monday after the program unveiled by the US government to help troubled subprime home loan borrowers had a milder-than-expected impact on US stock trading Friday.

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Internet star pleads not guilty as trial opens in Japan

TOKYO (APP): Former Internet mogul Takafumi Horie pleaded not guilty Monday at the opening of a trial highlighting Japan's efforts to grapple with innovative business tactics and define the legal boundaries for aggressive stock trading.

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Judge Tosses Out Insider Trading Case

J. Thomas Talbot, the Orange County businessman and former director of the title insurance giant Fidelity National Financial Inc. who was accused of insider stock trading in 2004, has been cleared of the civil allegations by a federal judge in Los Angeles.

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La-Z Boy: Recline and Fall

Investors fled the stock Friday after the furniture company announced anemic sales at its retail stores

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