** UBM down 1.7 pct after U.S. authorities announcecharges against nine people in an insider-trading case involvingco's unit PR Newswire amongst others
** Group of mainly U.S.-based stock traders and computerhackers in Ukraine made as much as $100 mln in illegal profitsover 5 yrs by conspiring to use information stolen fromthousands of corporate press statements before their publicrelease, U.S. authorities say on Tuesday
** Business Wire, a unit of Warren Buffett's BerkshireHathaway Inc and Marketwired also victims of thesecurities fraud scheme involving hacked inside information, inthis instance 150,000 press releases
** PR Newswire says it has co-operated with the relevantgovt agencies
** Reuters reported in April that UBM was exploring a saleof the business which reported revenue of 195.8 mln stg in 2014,accounting for 26 pct of UBM's total
** For years New York-based PR Newswire has been seen byanalysts as non-core to UBM's main franchise of organising tradeevents such as the world's largest fashion convention
(Reuters Messaging:noor.hussain.thomsonreuters.com@reuters.net)