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Related News Partner Fired for Not Meeting Billing Targets Sues Law Firm   A former corporate partner in the New York office of Edwards Angell Palmer & Dodge hired in the months before the credit crisis hit is suing the firm after it fired him for failing to meet revenue expectations. US-BUSINESS Summary   Asia stocks run higher on upbeat data, earnings CORRECTING EnCana generates second quarter cash flow of US$2.2 billion, or $2.87 per share - down 25 percent   CALGARY, Alberta----In the "Guidance Updated" paragraph of EnCana's second quarter results, a volume reference was incorrect. The corrected volume reference and sentence is: "EnCana has updated its 2009 guidance for total natural gas, oil and NGLs production to a range of 4.4 to 4.8 Bcfe/d from 4.5 to 4.7 Bcfe/d," not MMcfe/d. EnCana generates second quarter cash flow of US$2.2 billion, or $2.87 per share - down 25 percent   CALGARY, Alberta----EnCana Corporation continued to deliver strong financial and operating performance in the second quarter of 2009 - a period of very low natural gas prices. Cash flow was $2.2 billion, or $2.87 per share, and operating earnings were $917 million, or $1.22 per share - down 25 and 38 percent respectively on a per share basis compared to the second quarter of 2008. (AFX UK Focus) 2009-07-14 09:34 Glance-UPDATE 1-Market Chatter -- Corporate finance press digest   (Adds Autonomous Research, CNPC) Business Highlights   Bank of America joined other major banks in reporting better-than-expected second quarter income Friday, earning $2.42 billion even as losses from failed loans continued to rise. Recession doesn't kill giving   Centralia College Foundation has met its biannual fundraising goal of $375,000, reports board president Dennis Calkins. The campaign got a huge boost from the Earnest and Edith Driscoll estate earlier in the year through a distribution of $640,000. "This gift will benefit future Centralia College students through scholarships," said Dwayne Aberle, campaign chair. "The result shows the huge ... CalPERS sues credit-rating firms over $1 billion in investment losses   The California public pension fund alleges Standard & Poor's, Moody's Investors Service and Fitch Ratings issued 'wildly inaccurate' risk assessments. California's giant public pension fund is suing the nation's three top bond credit-rating companies for issuing "wildly inaccurate" rankings on investments that it said cost pensioners "perhaps more than $1 billion." Who's Harassing Whom?   There is no question that executives at Platinum Equity won?t back down from a fight. The Beverly Hills?based buyout firm, which is willing to purchase sick companies in ailing industries, this spring bought the Union-Tribune for a lowball price of around $50 million. Business at a glance   Jobless rate could hit 11.5 percentThe U.S. unemployment rate will increase to 11.5 percent by the middle of next year, said Robert Carnell, chief international economist at ING Financial Markets in

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