American Financial Group to record 42-cents per share 4th-qtr gain on sale of Verisk sharesOctober 9th, 2009 American Financial to book 4Q gain on Verisk saleCINCINNATI — American Financial Group Inc. on Friday said it will report an after-tax realized gain of about $50 million after selling a portion of its holdings in Verisk Analytics Inc.
Airline shares rise as Dow gets lift and oil prices fallSeptember 3rd, 2009 Sector Snap: Airline shares riseMINNEAPOLIS — Airline shares rose a little on Thursday as oil prices continued to bounce around $70 a barrel. Jet fuel is one of an airline's main expenses.
Gospel legend Marie Knight, who toured with Sister Rosetta Tharpe in 1940s, dies in NYC at 84September 1st, 2009 1940s gospel legend Marie Knight dies in NYC at 84NEW YORK — Gospel legend Marie Knight has died in New York City at age 84. She came to prominence while touring with Sister Rosetta Tharpe in the 1940s and singing hits such as "Beams of Heaven."
Her manager, Mark Carpentieri, says she died Sunday at a Harlem nursing home of complications from pneumonia.
Flushing Financial shares fall after downgrade; analyst cites light reserves, apartment marketAugust 24th, 2009 Flushing Financial shares dip on analyst downgradeBOSTON — Shares of Flushing Financial Corp. fell on Monday after an analyst downgraded the thrift, saying the company maintains a light financial reserve despite its exposure to troubled loans in the metropolitan New York apartment market.
Rosetta Stone cancels stock offering, cuts outlook as costs rise unexpectedlyAugust 18th, 2009 Rosetta Stone cancels stock offering, cuts outlookARLINGTON, Va. — Following the company's ballyhooed initial public offering in April, shares of Rosetta Stone Inc.
Ocwen Financial says underwriters take 4.2 million more shares to cover demandAugust 15th, 2009 Ocwen Financial adds 4.2M shares to offeringWEST PALM BEACH, Fla. — Loan servicing company Ocwen Financial Corp.
Citigroup shares rise nearly 8 percent; gains in financials help push broader market higherAugust 13th, 2009 Citigroup shares gain nearly 8 percentNEW YORK — Shares of Citigroup Inc. rose nearly 8 percent Wednesday, outpacing gains among other financial stocks, amid a brighter outlook on the economy from the Federal Reserve.
ICF Resources awarded energy-efficiency contracts with 2 utilities for $34MAugust 12th, 2009 ICF Resources wins energy-efficiency contractsFAIRFAX, Va. — ICF Resources Inc.
Analyst upgrades Rosetta Resources stock, citing expanded natural gas positionsAugust 11th, 2009 Analyst upgrades Rosetta Resources stockNEW YORK — Shares of energy company Rosetta Resources Inc. climbed 2 percent Tuesday after analysts upgraded the stock and estimated the company had boosted the value of its natural gas assets.
Rosetta Stone posts second-quarter loss on special itemsJuly 30th, 2009 Rosetta Stone posts loss for Q2ARLINGTON, Va. — Language education company Rosetta Stone Inc.
Sterlite to sell shares in US, raise $1.5 bnJuly 16th, 2009 MUMBAI - Sterlite Industries, a leading copper producer, Thursday said it plans to raise $1.5 billion by selling shares in the US for further development of its power generation business in India and to make acquisitions. The company will issue and sell new equity shares in the form of American Depository Shares (ADS) that is expected to result in gross proceeds of about $1.5 billion, Sterlite said in a regulatory statement Thursday.
Financial shares push US stocks higherJuly 10th, 2009 NEW YORK - US stocks edged up Thursday, led by financial shares, which were buoyed by a positive report on banking giant Goldman Sachs. Bank of America suggested buying Goldman Sachs shares, helping financial firms close 1.4 percent higher on the day.
Better-than-expected durable goods orders send shippers' shares upJune 24th, 2009 Sector Snap: Shares of truckers and shippers riseNEW YORK — Shares of major trucking companies and package shippers rose Wednesday, as investors took heart from better-than-expected durable goods orders in May. The Commerce Department said orders for durable goods — defined as things that last three years or more — rose 1.8 percent in May.
Arena Resources 1st-qtr profit drops 65 percent as commodity prices plummetMay 8th, 2009 Arena Resources 1Q profit plunges, tops viewTULSA, Okla. — Arena Resources Inc., an oil and natural gas exploration company, said Friday its first-quarter profit sank 65 percent as commodity prices plummeted.
Carrols Restaurant Group shares rise on better-than-expected 1st quarter preliminary resultsApril 23rd, 2009 Carrols shares rise on 1Q preliminary resultsNEW YORK — Shares of Burger King restaurant franchiser Carrols Restaurant Group Inc. jumped Thursday after it reported better-than-expected preliminary results for its first quarter.
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