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MarketWatch - Monday, August 18, 2014

If you're keeping on top of the markets this morning, Monday, August 18, 2014...
If you're keeping on top of the markets this morning,  Monday, August 18, 2014...

The Nikkei is up 4 points today in Tokyo.
The Dow dropped 50 points Friday.
The Nasdaq lost 12.


According to a report out from the University of Michigan/Thomson Reuters Index, consumer sentiment tumbled to a nine month low. The index fell more than two points to just above 79. Analysts had expected a higher number. They track sentiment levels to get an idea of how much consumers will spend.

Starting next month, Lehman Brothers will pay out more than $4 billion to unsecured creditors who lost money as a result of the company's bankruptcy in 2008. The company's failure marked the start of the global financial crisis and was a catalyst of the financial meltdown. Lehman will have paid out more than $110 billion after the distribution.

Al Gore is suing Al Jazeera America. The former vice president says the news network still owes millions of dollars as a result of buying Current TV from him and other shareholders last year.  Gore's attorney says the Qatar owned news channel wants to give itself a discount on the purchase price that both parties agreed on. The channel went on air in the U.S. last August.


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