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Suntech prices 20M ADS offering at $12.50, APFN

May 22, 2009 7:55 am | by The Associated Press | News | Comments

NEW YORK (AP) — Suntech Power Holdings Co. Ltd., which makes equipment used in converting solar power into usable energy, said Friday it has priced its offering of 20 million American Depositary Shares at $12.50 per ADS.The price was a 97 cent, or 7 percent, discount from its Thursday closing price...

N.Y. stocks slightly higher in thin morning deals on buying on dip+

May 22, 2009 7:55 am | by The Associated Press | News | Comments

NEW YORK, May 22 (Kyodo) — New York stocks were moderately after small ups and downs in lackluster Friday morning trading on buying on dip.The 30-issue Dow Jones Industrial Average, which lost 129.91 points Thursday, gained 63.01 points to stand at 8,355.14 at 11:25 a.m.The tech-heavy Nasdaq...

Neb. jobless rate drops to 4.4 pct, 1st Ld-Writethru, NE

May 22, 2009 7:55 am | by The Associated Press | News | Comments

LINCOLN, Neb. (AP) — Nebraska's unemployment rate dropped to 4.4 percent in April, federal officials said in a report issued Friday.That's three-tenths of a percentage point less than the revised March figure of 4.7 percent in a new report from Nebraska officials.The U.S. Department of Labor said...

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HL:Epicore BioNetworks Q3 profit sinks to US$5,000 as revenue drops 30 per cent@

May 22, 2009 7:49 am | by The Associated Press | News | Comments

CALGARY — Biotechnology products provider Epicore BioNetworks Inc. (TSXV:EBN) said Friday that its third-quarter profit sank to US$5,000 and revenue fell 30 per cent as shrimp processing season was delayed, especially in Central America.The company, which keeps its books in U.S. dollars, said the...

HL:First of so-called Toronto 18 terror group to be sentenced today@

May 22, 2009 7:49 am | by The Associated Press | News | Comments

BRAMPTON, Ont. — A sentence is expected to be handed down today for the first person convicted in a domestic terrorism plot bent on wreaking havoc on Canadian targets.The youth belonging to the so-called Toronto 18 homegrown terror cell will be sentenced as an adult.He was found guilty in September...

Dollar falls on job losses, Britain's debt outlook

May 22, 2009 7:48 am | by ERIN CONROY - AP Business Writer - Associated Press | News | Comments

NEW YORK (AP) — The dollar slid as the number of newly laid-off workers requesting unemployment insurance dropped slightly, while Standard & Poor's said Britain may have its rating cut because of rising debt levels.The euro advanced to $1.3889 in late New York trading from $1.3807 late Wednesday,...

HL:Computer Modelling books record year-end profit, revenue@

May 22, 2009 7:48 am | by The Associated Press | News | Comments

CALGARY — Computer Modelling Group Ltd. (TSX:CMG), a computer software technology and consulting company that serves the energy industry, has booked record annual profit and revenue, helped by a 70 per cent increase in software licence sales.The net income for all for the fiscal year ended March 31...

Nigeria: 12 hostages rescued from militants, 1st Ld-Writethru, AF

May 22, 2009 7:48 am | by BASHIR ADIGUNAssociated Press | News | Comments

ABUJA, Nigeria (AP) — Nigeria's foreign minister said Friday that the military has rescued 12 hostages — eight Filipinos and four Ukrainians — from militants being targeted by the armed forces in the southern oil region. The military said a dozen troops had gone missing in the region.Ojo Maduekwe...

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Verigy shares climb on 2Q results, outlook, APFN

May 22, 2009 7:48 am | by The Associated Press | News | Comments

NEW YORK (AP) — Shares of Verigy Ltd. rose Friday after the maker of semiconductor testing equipment reported a narrower fiscal second-quarter loss than analysts expected. The company also offered an encouraging outlook."While we were pleasantly surprised at the solid upside in results, we were...

Princess pedestal: How many girls are on one?, US

May 22, 2009 7:48 am | by MARTHA IRVINE - AP National Writer - Associated Press | News | Comments

CHICAGO (AP) — All the pink, frilly and sparkly — from the princess dresses to the four-foot-high pink castle in the playroom — isn't necessarily what Caroline Morris would choose for her eldest daughter.She doesn't want to stop her 6-year-old from being who she is. But as princess fever has...

Fourth Montana GM dealership losing franchise, 1st Ld-Writethru, MT

May 22, 2009 7:42 am | by The Associated Press | News | Comments

LIVINGSTON, Mont. (AP) — A fourth Montana car dealer, and a second one in Livingston, has announced it's losing its GM franchise agreement next year.Scott Whiting says Whiting Motors received a letter from GM last week, one of 1,100 dealers nationwide that were informed their franchise agreements...

African Copper Plc: Board Changes

May 22, 2009 7:42 am | by The Associated Press | News | Comments

African Copper Plc (the "Company" or "African Copper") (AIM: ACU)(BOTSWANA:AFRICAN COPPER) today announces the appointment of two new directors to the Board of the Company, David Rodier and Jordan Soko. In addition, it is announced that Michael Evans has resigned from the Board and Roy Corrans will...

Rates Berks Co. Muni Auth (Reading Hospital & Medical Center), PA Revs 'AA-' Business Editors

May 22, 2009 7:42 am | by The Associated Press | News | Comments

NEW YORK-- (BUSINESS WIRE) — May 22, 2009-- Fitch Ratings assigns a rating of 'AA-' to approximately $137.3 million Berks County Municipal Authority fixed-rate revenue bonds (Reading Hospital and Medical Center Project), series 2009A-3. In addition, Fitch affirms the 'AA-' long-term ratings on...

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CAW has tentative labor deal with GM Canada

May 22, 2009 7:42 am | by CHARMAINE NORONHA - Associated Press Writer - Associated Press | News | Comments

TORONTO (AP) — After two weeks of round-the-clock negotiations, the Canadian Auto Workers union has agreed to another cost-cutting deal with General Motors Canada in its bid to qualify for government loans to stave off liquidation, the head of the union said Friday.Union leader Ken Lewenza said the...

Watts says he will not run for governor, 1st Ld-Writethru, OK

May 22, 2009 7:42 am | by RON JENKINS - Associated Press Writer - Associated Press | News | Comments

OKLAHOMA CITY (AP) — Former U.S. Rep. J.C. Watts announced Friday he will not run for governor in 2010."After much prayer and deliberation with my family and friends. It is with a heavy heart that my wife and I have decided not to run for governor in 2010," Watts said.His decision leaves Rep. Mary...

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