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A big decision from the judge in the BP oil spill trial and Disney shuts down one of its newly-purchased divisions. Here's the Wednesday Bloomberg After The Bell Report from the New York Stock Exchange.
A federal judge dismissed all claims against the maker of the blowout preventer that malfunctioned during the BP gulf oil spill. That means Cameron International is no longer part of the ongoing trial to identify cause and assign fault in the drilling disaster. BP rig owner Transocean and contractor Halliburton are the remaining defendants.
Disney is pulling the plug on video game development at its recently-acquired Lucasfilm division in an effort to contain costs. Gaming site Kotaku reports about 150 workers were laid off at LucasArts Wednesday morning. Disney says it will focus on licensing existing content rather than developing new games.
Stocks fell on disappointing economic data.
How happy are you at your job? The website CareerBliss released a ranking of happiest and unhappiest jobs. Topping the happy list are real estate agents, likely helped by the booming housing market. The unhappiest are associate attorney and customer service reps.