Archive for August 24th, 2009
Kansas City Southern shares fall on downgrade (AP)
Posted by Bancherul.com in Finance News on August 24th, 2009
Shares of railroad operator Kansas City Southern slipped Monday as a UBS analyst downgraded the stock to “Neutral,” saying while the stock is still a good one for investors, it no longer warrants a “Buy” rating.
Distilled spirits group spent $1.2M lobbying in 2Q (AP)
Posted by Bancherul.com in Finance News on August 24th, 2009
The Distilled Spirits Council of the United States Inc., whose members include Bacardi USA Inc. and Brown-Forman Corp., spent more than $1.2 million in the second quarter lobbying on drunk driving prevention and other issues, according to a recent disclosure form.
Malawi child tobacco workers exposed to nicotine (AP)
Posted by Bancherul.com in Finance News on August 24th, 2009
Children picking tobacco in the fields of Malawi for consumers far beyond the African country’s borders are being poisoned as they absorb up to two cigarette packs’ worth of nicotine each day, a children’s rights organization said Monday,
Fitch: California Native American Gaming Operators Will Struggle through First Half of 2010 (Business Wire)
Posted by Bancherul.com in Finance News on August 24th, 2009
NEW YORK—-In a special report released today, Fitch Ratings says revenue trends in many regional Native American gaming markets in California will continue to deteriorate through the first half of 2010, with a recovery expected to begin in the second half of the year.
MoneyGram International Nearly Doubles Its Network in South Korea (Business Wire)
Posted by Bancherul.com in Finance News on August 24th, 2009
MINNEAPOLIS—-MoneyGram International , a leading global money transfer company, today announced an agreement with Shinhan Bank, a leading national bank in South Korea and part of the Shinhan Financial Group , to offer MoneyGram money transfer services across the bankâs network of 850 branch locations.
Market extends rally, led by financials, energy (Reuters)
Posted by Bancherul.com in Finance News on August 24th, 2009
U.S. stocks rose to 10-month highs on Monday, led by financial and energy shares as investors extended a four-day string of gains on optimism about economic recovery.
Stocks extend recent rally, touch fresh 2009 highs (AP)
Posted by Bancherul.com in Finance News on August 24th, 2009
Investors are holding on to their optimism about the U.S. economy, sending stocks to fresh 2009 highs. Market indicators rose about 0.5 percent in midday trading Monday, following a surge in overseas markets and extending a big advance from last week.
American Capital shares fall after S&P downgrade (AP)
Posted by Bancherul.com in Finance News on August 24th, 2009
Shares of American Capital Ltd. tumbled on Monday after Standard & Poor’s Ratings Services lowered debt ratings for the investment firm, citing concerns over debt and earnings performance.
Kansas City Southern shares fall on downgrade (AP)
Posted by Bancherul.com in Finance News on August 24th, 2009
Shares of railroad operator Kansas City Southern slipped Monday as a UBS analyst downgraded the stock to “Neutral,” saying while the stock is still a good one for investors, it no longer warrants a “Buy” rating.
Parexel shares rise on analyst upgrade (AP)
Posted by Bancherul.com in Finance News on August 24th, 2009
Shares of pharmaceutical research contractor Parexel International rose Monday on higher expectations for the company’s recently acquired ClinPhone business.
