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Sector Snap: Airline shares decline, 1st Ld-Writethru, APFN

May 22, 2009 8:23 am | by The Associated Press | News | Comments

MINNEAPOLIS (AP) — Airline shares fell slightly again on Friday as oil prices held above $61 a barrel.The Amex Airline Index was down 1.6 percent, with all of its U.S. components lower.UBS airline analyst Kevin Crissey wrote in a note that after meeting executives from eight airlines, he concluded...

New Open Source BeagleBoard Development Board

May 22, 2009 8:22 am | News | Comments

Fueling an active open source community with a flexible, fan-less and low-cost embedded development board, Digi-Key Corporation announces it is shipping Revision C of the popular BeagleBoard from BeagleBoard.org .  

Gasoline prices swing higher before holiday

May 22, 2009 8:18 am | by CHRIS KAHN - AP Energy Writer - Associated Press | News | Comments

NEW YORK (AP) — Retail gasoline prices continued to climb Friday ahead of the Memorial Day weekend and the unofficial start of America's summer driving season.The national average pump price increased nearly 3 cents overnight to $2.391 a gallon, according to auto club AAA, Wright Express and Oil...

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Hibbett Sports to Present at the Stephens Inc. Spring Investment Conference Business Editors

May 22, 2009 8:18 am | by The Associated Press | News | Comments

BIRMINGHAM, Ala.-- (BUSINESS WIRE) — May 22, 2009-- Hibbett Sports, Inc. (NASDAQ/GS:HIBB), a sporting goods retailer, today announced that it will be making a presentation to the investment community at Stephens Inc. Spring Investment Conference at the at the New York Palace Hotel in New York City...

Webcast Annual Meeting on May 27, 2009 Business Editors/Financial Editors/Health Editors

May 22, 2009 8:13 am | by The Associated Press | News | Comments

FRAMINGHAM, Mass.-- (BUSINESS WIRE) — May 22, 2009-- GTC Biotherapeutics, Inc. ("GTC") (Nasdaq: GTCB) will webcast its 2009 Annual Meeting of Stockholders on Wednesday, May 27, 2009 starting at approximately 2:00 p.m. Eastern Time. The annual meeting is to be held at the Forefront Center for...

FTSE 100 up 19.82 at 4,365.29, 1st Ld-Writethru, EU

May 22, 2009 8:12 am | by The Associated Press | News | Comments

LONDON (AP) — Share prices on the London Stock Exchange closed higher Friday.The FTSE 100-share index closed up 19.82 points, or 0.46 percent, at 4,365.29.

HL:Aim Health Group reports largest quarterly profit, reverses year-ago loss@

May 22, 2009 8:12 am | by The Associated Press | News | Comments

TORONTO — Aim Health Group Inc. (TSXV:AHG), which provides patient care and health-related consulting services, reported Friday it earned its largest quarterly profit ever during the three months ended March 31.The health care company booked a net income of $272,000 for the quarter, reversing...

HL:TSX Venture Exchange is trading at 1,091.59 up 1.74 points at noon ET@

May 22, 2009 8:12 am | by The Associated Press | News | Comments

TORONTO — The TSX Venture Exchange was trading at 1,091.59 up 1.74 points points on Friday. The volume at noon was at 91.4 million shares.

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Stockholders Unum Remains Well-Positioned Business Editors/Insurance Writers

May 22, 2009 8:07 am | by The Associated Press | News | Comments

PORTLAND, Maine-- (BUSINESS WIRE) — May 22, 2009-- In his comments to stockholders at the company's annual meeting today, Thomas R. Watjen, president and CEO of Unum Group (NYSE: UNM), said consistent operating results, a strong investment portfolio and prudent capital management have positioned...

Jailed ex-Siemens Greece official hospitalized, EU

May 22, 2009 8:07 am | by The Associated Press | News | Comments

ATHENS, Greece (AP) — One of two former officials at the Greek branch of German industrial giant Siemens AG who were jailed pending trial on corruption allegations has been hospitalized with heart problems, his lawyer said Friday.Emmanuel Stavrianos, Siemens Greece's former technical director, was...

Texas unemployment unchanged at 6.7 percent, 1st Ld-Writethru, TX

May 22, 2009 8:07 am | by The Associated Press | News | Comments

AUSTIN (AP) — Texas' unemployment rate remained steady at 6.7 percent in April, according to figures the state's workforce commission released Friday.Although the Texas unemployment rate is lower than the rising 8.9 percent national figure, it still exceeds the state's 4.6 percent rate a year...

Sector Snap: Solar shares fall on weak 1Q, outlook, APFN

May 22, 2009 8:07 am | by The Associated Press | News | Comments

NEW YORK (AP) — Solar stocks sank Friday after a host of companies in the sector posted disappointing first-quarter results and bleak forecasts.Suntech Power Holdings Co. Ltd. on Thursday posted a profit of $1.8 million, or a penny per ADS, on revenue of $315.7 million, beating Wall Street...

Study on Business in Developing Countries Shows Power of Basic Consumer Skills; Marketplace Literacy Could Boost Entrepreneurship and Economic Development

May 22, 2009 8:07 am | by The Associated Press | News | Comments

ATTENTION: Business, Foreign, Education editorsLONDON, Ontario, May 22 (AScribe Newswire) -- Teaching low-literate people living in poverty skills such as bargaining and judging deals may help improve business and economic development in developing countries, and is a key component missing from...

Tourism official has optimistic outlook, SD

May 22, 2009 8:07 am | by The Associated Press | News | Comments

MITCHELL, S.D. (AP) — The chairwoman of a regional tourism association says she believes lower gasoline prices and a stronger interest in marketing could make it a successful tourist season in South Dakota.Pam Engelland, chairwoman of the board for the Black Hills, Badlands and Lakes Association,...

HL:Ipico narrows first-quarter loss as revenue jumps 83 per cent@

May 22, 2009 8:07 am | by The Associated Press | News | Comments

BURLINGTON, Ont. — Ipico Inc. (TSXV:RFD), a radio-frequency identification technology company, said Friday its first-quarter loss was reduced to $2.1 million, thanks mainly to an 83 per cent jump in revenue.The loss for the January-March period was worth four cents a share compared with a year-ago...

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