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ARCA Biopharma cuts 40 jobs, expects charge, APFN

May 22, 2009 6:41 am | by The Associated Press | News | Comments

NEW YORK (AP) — Biotechnology company ARCA Biopharma Inc. cut about 40 employees in a restructuring move and expects charges of about $1 million during the second quarter, according to a filing with the Securities and Exchange Commission Friday.Shares of the Broomfield, Colo.-based company fell 80...

Aussie Actor to Host "X-Men Origins: Wolverine" Premiere in Mexico City

May 22, 2009 6:41 am | by The Associated Press | News | Comments

Hugh Jackman will be attending the long-awaited "X-Men Origins: Wolverine" premiere at Mexico's National Auditorium on May 26. Using Twitter, the actor announced, "I will bring 'Wolverine' to Mexico City on May 26 to provide a moment of fun escapism and a treat for some of the loyal fans of the...

Calif. man arrested in smuggling of liquid meth, AZ

May 22, 2009 6:41 am | by The Associated Press | News | Comments

NACO, Ariz. (AP) — A California man is in custody after U.S. Customs and Border Protection officers found liquid meth in his truck's washer fluid container.Agency spokesman Chris Leon says officers at the Naco port of entry in southeastern Arizona were performing anti-terrorism and anti-smuggling...

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Sears shares rise after report of 1st-qtr profit, 3rd Ld-Writethru, US

May 22, 2009 6:40 am | by ASHLEY M. HEHER - AP Retail Writer - Associated Press | News | Comments

CHICAGO (AP) — Shares of Sears Holdings Corp. soared Friday, a day after the retailer surprised investors by posting a first-quarter profit.The parent of Sears and Kmart stores announced late Thursday that its first-quarter profit was $26 million, or 21 cents per share. That was a marked...

Jobless rates rise in half of WVa counties, WV

May 22, 2009 6:40 am | by The Associated Press | News | Comments

CHARLESTON, W.Va. (AP) — Unemployment rose in about half the counties in West Virginia in April, with 17 counties reporting double-digit jobless rates.The largest jump was in Pocahontas County, which lost about 180 jobs from March to April, bringing its unemployment rate to 16.9 percent, the worst...

Kan. sees 2.6 percent loss in jobs in April, KS

May 22, 2009 6:39 am | by The Associated Press | News | Comments

TOPEKA, Kan. (AP) — The Kansas Department of Labor says the state lost 36,500 nonfarm jobs in April compared with the same month last year.The decline in nonfarm employment was 2.6 percent.That's another sign that the economy remained soft last month. Unemployment was 6.1 percent, compared with...

Sector Snap: Fertilizer sector gains, APFN

May 22, 2009 6:34 am | by The Associated Press | News | Comments

NEW YORK (AP) — Shares of fertilizer producers rose Friday as an analyst said prices of grain are set to climb, improving farmers' balance sheets and driving fertilizer demand higher next year.In a note to investors, Citi Investment Research analyst P.J. Juvekar noted that the USDA says grain...

AMC Entertainment reports annual loss, MO

May 22, 2009 6:34 am | by The Associated Press | News | Comments

KANSAS CITY, Mo. (AP) — AMC Entertainment Inc., the nation's second-largest theater operator, says it lost money in the recently completed fiscal year on slower ticket sales and impairment charges.The Kansas City-based company late Thursday said in a securities filing it lost $81.2 million for the...

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Asahi Shimbun's net balance sinks into red in FY 2008+

May 22, 2009 6:34 am | by The Associated Press | News | Comments

TOKYO, May 22 (Kyodo) — Newspaper publisher Asahi Shimbun Co. said Friday its group net balance in fiscal 2008 fell into the red with a 13.91 billion yen loss due to a range of factors, including a fall in advertising revenue and losses on sales of its shareholdings amid the global recession.In its...

Bruce Springsteen to close Giants Stadium, APFN

May 22, 2009 6:34 am | by The Associated Press | News | Comments

EAST RUTHERFORD, N.J. (AP) — Bruce Springsteen will be closing Giants Stadium.The rocker told fans at the nearby Izod Center on Thursday that he and his "wrecking crew," the E Street Band, will be the final musical act before the stadium is demolished after the 2009 football season.Three shows are...

Extended Series

May 22, 2009 6:34 am | Murata Power Solutions, Inc. | Product Releases | Comments

Murata Power Solutions  has extended its UEI15, UEI30 and UEI (50/60) Series of DC/DC converters to give designers greater choice in wide input range board-mounted DC regulated power. 

HL:Indigo declares first dividend as revenue climbs four per cent, profit slides@

May 22, 2009 6:34 am | by David Friend@Associated Press | News | Comments

TORONTO — Indigo Books & Music Inc. (TSX:IDG) has declared its first dividend, and delivered quarterly results that show Canadians still thirst for a good book during tough economic times.The company said it would pay a cash dividend of 10 cents per share on its common shares, payable to...

Heavy fighting explodes in capital of Somalia, 4th Ld-Writethru, AF

May 22, 2009 6:34 am | by MOHAMED OLAD HASSAN - Associated Press Writer - Associated Press | News | Comments

MOGADISHU, Somalia (AP) — Hundreds of government soldiers attacked Islamic insurgents across the Somali capital amid heavy artillery shelling Friday, battling along streets strewn with bodies as they tried to regain lost ground.The U.N.-backed government, which held just a few blocks of Mogadishu...

Nevada unemployment rises slightly in April, 1st Ld-Writethru, NV

May 22, 2009 6:33 am | by BRENDAN RILEY - Associated Press Writer - Associated Press | News | Comments

CARSON CITY, Nev. (AP) — The state's unemployment rate rose slightly in April to 10.6 percent, its highest level in a quarter of a century, but an analyst remained hopeful because the number of jobless Nevadans dropped by about 100.Monthly figures released Friday by the Department of Employment,...

Canadian warship helps US vessel evade pirates

May 22, 2009 6:33 am | by The Associated Press | News | Comments

NAIROBI, Kenya (AP) — The Canadian Navy said Friday that one of its warships helped a U.S.-flagged container vessel evade pirates off the coast of Somalia.Spokesman Michael McWhinnie did not give further details of the Friday morning incident involving the warship HCMS Winnipeg.He said the...

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