Cemex completes $1.7B sale of Australian operations to Holcim in effort to build liquidityOctober 1st, 2009 Cemex completes $1.7B sale of Australian assetsNEW YORK — Building materials giant Cemex SAB de CV said Thursday it completed the sale of its Australian operations to Holcim Group for proceeds of about $1.7 billion. The company said it plans to use the proceeds to pay off debt and strengthen its liquidity position.
US Airways offering of 29 million shares raises $137.3 millionSeptember 30th, 2009 US Airways raises $137.3 million in stock offeringTEMPE, Ariz. — US Airways Group Inc.
General Mills first-quarter financial performance at a glanceSeptember 23rd, 2009 General Mills 1Q Results at a GlanceHOW THEY DID: Minneapolis-based General Mills Inc. earned $420.6 million, or $1.25 per share, for the quarter that ended Aug.
Ford launches small car FigoSeptember 23rd, 2009 NEW DELHI - US auto giant Ford Motor Co Wednesday unveiled its first small car for the Indian market, "Ford Figo". The Figo, which is colloquial Italian for "cool", will be manufactured at the company's Chennai facility and launched in markets by early 2010.
Calpine says Harbinger Capital will sell up to 23 million Calpine sharesSeptember 22nd, 2009 Calpine announces sale of stockHOUSTON — Calpine Corp. said Tuesday that Harbinger Capital Partners Master Fund I Ltd.
BofA, Ford, Alcoa, Huron Consulting, Barclays are among big movers on stock market MondayAugust 4th, 2009 BofA, Ford, Alcoa, Huron Consulting are big moversNEW YORK — The following stocks were among those that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
Bank of America Corp., up 53 cents at $15.32
The bank will pay a $33 million fine to the SEC to settle charges it misled investors over $5.8 billion in Merrill Lynch bonuses, said it appointed a former Citigroup CFO to run investment operations and shuffled some other top executives. Ford Motor Co., up 33 cents at $8.33
The automaker said U.S.
Las Vegas Sands, Disney, UBS, Ford, Synaptics among big movers on stock market FridayJuly 31st, 2009 Las Vegas Sands, Disney, UBS, Ford are big moversNEW YORK — Stocks that were moving substantially or trading heavily Friday on the New York Stock Exchange and Nasdaq Stock Market. Las Vegas Sands Corp., down $1.80 at $9.35
Analysts said traffic was slowing at casinos and cited concerns about the company's capital position after it posted a quarterly loss.
CIT, Discover Financial, Intel, Bemis, Abbott Labs are among big market movers WednesdayJuly 15th, 2009 CIT, Discover Financial, Intel are big moversNEW YORK — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE:
Bank of America Corp., down 28 cents at $12.89
The bank reported better-than-expected second-quarter income, earning $2.42 billion even as losses from failed loans continued to rise. Citigroup Inc., down 1 cent at $3.02
Citigroup reporting a $3 billion profit on the sale of its Smith Barney unit and the increasing values of some of its riskier assets.
AIG, General Mills, MetroPCS, Myriad Genetics are among big market movers WednesdayJuly 1st, 2009 AIG, General Mills, MetroPCS are big moversNEW YORK — Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE:
American International Group Inc., down $5.12 at $18.08
At the battered insurers annual meeting Tuesday, investors approved a reverse 20-for-1 stock split meant to boost the share price. OshKosh Corp., up $3.89 at $18.43
The specialty vehicle maker beat out three rivals for an Army order of 2,244 bomb-resistant vehicles worth $1.06 billion.
General Mills increases quarterly dividend 9.3 percent to 47 centsJune 29th, 2009 General Mills ups dividend 9.3 percent to 47 centsMINNEAPOLIS — General Mills is increasing its quarterly dividend by 9.3 percent. The Minneapolis-based food company said Monday that its board is raising the dividend by 4 cents to 47 cents per share.
SLM, Ford, Biogen Idec, Cablevision, Chico's FAS are among big market movers MondayJune 29th, 2009 SLM, Ford, Biogen Idec, Cablevision are big moversNEW YORK — Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE:
Watson Wyatt Worldwide Inc., down $3.18 at $38
The management consulting company is acquiring its rival Towers Perrin in a $3.5 billion all-stock deal amid shrinking revenue. Teppco Partners LP, up $1.43 at $30.12
Enterprise Products Partners will buy the pipeline operator in a $3.3 billion deal to form the country's biggest public energy partnership.
Qwest, McDonald's, DuPont, Palm, Delta Air Lines among big market movers MondayJune 8th, 2009 Qwest, McDonald's, DuPont, Palm are big moversNEW YORK — Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
Qwest Communications International Inc., down 24 cents at $3.93
The phone company canceled the auction for its long-distance data and telephone network, saying the asset held more value than the amount it would raise in a sale. McDonald's Corp., down $1.15 at $58.72
The fast-food chain's May same-store sales rose 5.1 percent, but U.S.
Toll Brothers, Sallie Mae, JetBlue, Data Domain, TiVo among big market movers WednesdayJune 3rd, 2009 Toll Brothers, Sallie Mae, JetBlue are big moversNEW YORK — Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
Toll Brothers Inc., down $1.29 at $18.24
The luxury homebuilder said it lost $83 million in the second quarter as sales dropped by half and didn't give a profit outlook. Williams Sonoma Inc., down $1.20 at $13.50
The upscale home decor chain posted a loss in its first quarter as sales tumbled 22 percent, but reiterated its forecast for the year.
Ford, Deere, Cisco Systems, Las Vegas Sands, Exxon Mobil among big market movers MondayJune 2nd, 2009 Ford, Deere, Cisco Systems are big moversNEW YORK — Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
Ford Motor Co., up 38 cents at $6.13
Analysts say the automaker stands to benefit from the bankruptcy protection filings of its Detroit rivals, General Motors and Chrysler. Deere & Co., up $3.49 at $46.96
The farm equipment maker named 34-year company veteran Samuel Allen, 55, as its ninth-ever CEO, starting on the job Aug.
GM, Whirlpool, Beazer Homes, Qualcomm, Us Airways are big market movers MondayApril 27th, 2009 GM, Whirlpool, Beazer Homes, Qualcomm big moversNEW YORK — Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
General Motors Corp., up 35 cents at $2.04
The automaker laid out a massive restructuring plan that includes an offer to swap roughly $27 billion in bond debt for GM stock. Whirlpool Inc., up $2.96 at $43.69
The appliance maker said its first-quarter profit dropped on slumping sales, softening consumer demand and the stronger dollar.