UPDATE 1-SEC sues firm over alleged bogus takeover bids

(Reuters) - NEW YORK, June 29 - U.S. securities regulators on
Friday sued a partnership and one of its founders, alleging
they made bogus offers to buy such well-known entities as Sony
Corp. and Playboy Enterprises Inc. in an
effort to manipulate their stock prices.




Theodore Roxford, through Hollingsworth, Rothwell & Roxford
, publicized the offers on Internet message board
postings, news releases and in at least one case a regulatory
filing, the Securities and Exchange Commission alleged in a
complaint filed in Manhattan federal court.


Read more at Reuters.com Government Filings News

Wall St Week Ahead: Jobs, subprime mess to rule July 4th week

(Reuters) - At the same time, the potential for defaults in subprime
loans to spill over to the general economy remains a concern.
Nervousness over the availability of financing for buyouts
prompted investors to sell banks' and brokers' shares on
Friday, which helped cut short a morning rally.




In the holiday-shortened week, the most significant data,
the June payrolls report, comes on Friday. U.S. financial
markets will be closed on Wednesday, July 4, for the
Independence Day holiday.


Read more at Reuters.com Economic News

RPT-UPDATE 1-SEC investigating Brookstreet collapse

(Reuters) - NEW YORK, June 29 - The U.S. Securities and
Exchange Commission is investigating the collapse of
Brookstreet Securities, a California broker-dealer that was hit
by heavy losses in mortgage-backed securities this month, its
president said on Friday.




"The SEC is on site and they're reviewing it," Stanley
Brooks said in a telephone interview on Friday.


Read more at Reuters.com Bonds News

GateHouse Media files to sell up to 17 mln shares

(Reuters) - Goldman Sachs & Co., Wachovia Securities and Morgan Stanley
are the lead underwriters for the offering.




Read more at Reuters.com Government Filings News

Fair Isaac, Fluor, Office Depot, Palm, Priceline: U.S. Equity Movers Final

(Bloomberg) -- The following is a list of companies
whose shares had unusual price changes in U.S. exchanges today.
Stock symbols are in parentheses after company names. Share
prices are as of 4 p.m. New York time.

American Home Mortgage Investment Corp. (AHM US) fell $2.53,
or 12 percent, to $18.38. The lender specializing in adjustable-
rate mortgages withdrew its fiscal 2007 earnings guidance and
said it will likely have a second-quarter loss.


Read more at Bloomberg Stocks News

UPDATE 1-Shire seeks Vyvanse approval for adult ADHD

(Reuters) - A supplemental NDA is used to obtain an add-on approval for
a therapy already approved for another use. Vyvanse, a
once-a-day capsule, is already approved to treat ADHD in
children aged 6 years to 12 years.




"We are pleased with the results of Vyvanse studies
conducted in adults...", Chief Executive Matthew Emmens said in
a news release, adding that this drug is a priority in the
company's ADHD portfolio.


Read more at Reuters.com Government Filings News

Gold climbs on dollar weakness, oil gains

(Reuters) - Spot gold was quoted at $648.70/650.20 an ounce at 3:19 p.m. , against $647.90/$649.40 in New York late on Thursday and a three-month low of $638.90 on Wednesday.




Most-active gold for August delivery on the COMEX division of the New York Mercantile Exchange settled up 50 cents at $650.90 an ounce, after dealing between $648.80 and $655.00.


Read more at Reuters.com Hot Stocks News