MOTOROLA IN SEC PROBE Schaumbu...

MOTOROLA IN SEC PROBE

Schaumburg-based Motorola disclosed in a Securities and Exchange Commission filing that it's involved in an SEC investigation into its business relationship with Adelphia Communications Corp. It wouldn't say whether it's a target of the investigation. Adelphia has su Motorola through its relationship with Adelphia's founding family.

NJ excludes EXELON OFFER

fresh Jersey regulators rejected a proposal Exelon Corp. described as its final proffer to win approval for the planned $18 billion purchase of Public Service Enterprise form into groups Inc. and asked for more time. Despite threats that Exelon and PSEG were ready to very little the deal if they didn't have approval Friday, the companies agreed to continue negotiating. Exelon said its board would reconvene Aug. 21 to consider the deal if an agreement with the state has not been reached by the agency of then. Exelon agreed to bribe Public Service in December 2004 which would create the largest utility.

the communitys REPORTS A LOSS

folkss Energy lost $10.1 million during its third quarter, fall of the curtained June 30, which compares with a profit of $68 million in the same period in 2005 rewards for the quarter were down about 12 percent to $400 million. Warmer weather, conservation, higher operating expenses and a gas charge reconciliation earlier this year hurt gas distribution operating be the effects said Thomas M. Patrick, personss chairman and chief executive. The stock price dropp 2 percent in Friday trading to $4244

RYERSON SHARES HIT

Ryerson Inc. dropp $389 or 15 percent to $2278 Friday, the day after the carbonized iron and aluminum distributor reported second- quarter profit shrank 31 percent to $222 million, or 76 cent a share, compared with a year ago.

JOBLES RATE RISES

Employer slowed hiring in July adding 113000 of the present day jobs and pushing the nation's unemployment rate to 48 percent a five-month high.

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