Market Report -- In Play ()

November 20, 2009 7:22 AM ET

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On The Wires Cell Therapeutics (CTIC) announced that the Ninth Circuit Court of Appeals reversed a U.S. District Court order and ruled that co should be allowed to pursue all of its claims against The Lash Group, sending the case back to the District Court for trial. CTI filed a complaint against The Lash Group, co's former third-party reimbursement consultant for CTI's product TRISENOX, in 2007 seeking $22.8 million in damages for expenses already incurred related to the investigation, defense and a settlement of claims by the U.S. government concerning Medicare reimbursement for TRISENOX and other business losses... Nokia (NOK) plans to align its research and development operations in Finland and Denmark to be in line with the focused portfolio of future products. The planned changes are expected to affect up to 230 employees at Nokia's Oulu site in Finland and approximately 100 employees at Nokia's Copenhagen site. The total number would represent approximately 2 % of Nokia's R&D personnel globally... Bob Evans Farms, Inc. (BOBE) approved a 12.5% increase in the quarterly cash dividend from $0.16 to $0.18 on the company's outstanding common stock. Co also authorized a stock repurchase program of up to one million shares. The repurchase authorization is effective immediately, through the remainder of the Company's 2010 fiscal year, which ends April 30, 2010...

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