business - "market"

SAN FRANCISCO (MarketWatch) -- First Integrity Bank NA of Staples, MN., was closed by the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation was named receiver, the FDIC said late Friday. The closure marks the fourth U.S. bank failure of 2008. All deposit accounts have been transferred to First International Bank and Trust of Watford City, N.D. and depositors of First Integrity will automatically become depositors of the assuming bank. In addition, First International will purchase about $35.8 million of First Integrity's assets for a total premium of $2.03 million, said the FDIC. The FDIC will retain about $18.9 million in assets for disposition later.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

United Airlines turned its attention to securing a marketing alliance with Continental Airlines after the carrier shelved merger talks with another rival, US Airways, over concerns that the costs to combine the companies would be too great

Returning from a recent trip, Jerry Wilkerson explains the huge potential (and complex challenges) encountered by foreign franchisors entering China.

TORONTO, ONTARIO (MARKET WIRE) West Street Capital Corporation ('West Street' or the 'company') (TSX VENTURE: WSC)(TSX VENTURE: WSC.PR.A) reported net income for the three months ended March 31, 2008 of $0.4 million compared to $0.6 million in the same period at 2007. After providing for unpaid preferred share dividend obligations that accumulated during the three months ended March 31, 2008, the net loss per common share was $0.03 compared with a net loss of $0.02 per common share during the three months ended March 31, 2007.

CASSELBERRY, FL (MARKET WIRE) Legends Business Group, Inc. (OTCBB: LGBS). Larry Powalisz, CEO of Legends Business Group. Inc., announced today 'a special thank you to everyone who helped make the inaugural LGBS Marketing Conference held this past week at the Bellagio Hotel in Las Vegas, Nevada a resounding success.'

SAN FRANCISCO (MarketWatch) -- Canadian stocks higher, led by a recovery in the energy and materials sectors in line with futures prices.

SAN FRANCISCO (MarketWatch) -- Last year, Hurricanes Dean and Felix smashed into Mexico's Yucatan peninsula and Nicaragua.

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SAN FRANCISCO (MarketWatch) -- Lionsgate Entertainment Corp. late Friday reported it swung to a net loss of $74 million, or 62 cents a share, in fiscal 2008 from a net income of $27.5 million, or 25 cents a share, in 2007. Revenue increased to $1.36 billion from $976.7 million a year ago. Analysts surveyed by FactSet Research had forecast a loss of 50 cents a share on revenue of $1.23 billion.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

NEW YORK (Reuters) - U.S. technology shares rose on Friday as strong results from computer maker Dell Inc signaled that business and consumer spending was holding up, driving the Nasdaq to end the month up 4.6 percent.