|01:20 ET Enron Corp (ENE) 13.90: Company announces that the Securities and Exchange Commission investigation into two of its limited partnerships has become a formal inquiry. |
01:15 ET Microsoft (MSFT) 58.15: Company has reached a tentative settlement in landmark antitrust case with the government, reports Wall Street Journal... According to report, settlement would a) require essentially no changes in the design on MSFT's Windows software and b) leave company's market power largely intact... Government working to get the 18 states that are co-plaintiffs to join in the settlement; if they object case could be forced back to court... While settlement arrangement could still fall apart, expect MSFT, and the market, to respond favorably to the news.