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S & P cuts General Maritime rating; outlook negative, APFN

May 21, 2009 11:29 am | by The Associated Press | News | Comments

NEW YORK (AP) — Standard & Poor's Ratings Services on Thursday lowered the long-term corporate rating of oil tanker company General Maritime Corp. to BB- From BB and said its outlook is negative.S&P said the expiration of "significant portions of fixed-rate time-charter agreements compounds...

Unitil prices offering at $20, to sell 2.4M shares, APFN

May 21, 2009 11:29 am | by The Associated Press | News | Comments

HAMPTON, N.J. (AP) — Electricity and natural gas distributor Unitil Corp. on Thursday priced its stock offering at $20 per share.That's an 8-cent discount on the company's closing price Wednesday of $20.08.The utility holding company said it will sell 2.4 million shares, so the company is aiming to...

Galahad Metals Inc.: Shares for SIDEX Interest

May 21, 2009 11:28 am | by The Associated Press | News | Comments

Galahad Metals Inc. ("Galahad" or the "Company")(TSX VENTURE: GAX) announced today that, subject to TSX-V approval, the company has entered into an agreement with SIDEX s.e.c. to pay interest, due on a convertible debenture agreement between SIDEX s.e.c and Phoenix, in shares in lieu of cash. The...

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4-story tower planned for Oklahoma River course, 1st Ld-Writethru, APFN

May 21, 2009 11:28 am | by MURRAY EVANS - Associated Press Writer - Associated Press | News | Comments

OKLAHOMA CITY (AP) — The economic slowdown isn't stopping development along the Oklahoma River rowing course.Chesapeake Energy Corp. Chief Executive Aubrey McClendon formally announced plans Thursday for the construction of a four-story tower along the river, which in recent years has become a...

HL:Canadian earnings declared Thursday@

May 21, 2009 11:28 am | by The Associated Press | News | Comments

TORONTO — Canadian earnings declared Thursday as of 3 p.m. ET:< Bevo Agro Inc. (TSXV:BVO): Three months ended March 31, 2009, $296,471, $0.01 a share; 2008, $127,161, $0.01 a share. Revenue: 2009, $2,995,734; 2008, $4,248,450. < Canadian Equipment Rental Fund Limited Partnership (TSXV:CFL.UN):...

5TH LD: Japan's tally of new-flu infections reaches 293+

May 21, 2009 11:23 am | by The Associated Press | News | Comments

TOKYO, May 21 (Kyodo) — (EDS: ADDING INFO 4TH GRAF)The tally of new-influenza infections in Japan continues to rise, reaching 293 early Friday with Kyoto becoming the sixth Japanese prefecture with a patient, while Tokyo reported its second infection case.In Kyoto Prefecture, a 10-year-old boy in...

VMS Ventures Inc.: Tower Zone Exploration Plans

May 21, 2009 11:23 am | by The Associated Press | News | Comments

VMS Ventures Inc. (TSX VENTURE: VMS) (the "Company") is pleased to announce that it will complete the DEEPEM ground geophysical survey, begun earlier in the year, to extend it over the Tower Zone anomaly, near Snow Lake, Manitoba.Line cutting is anticipated to commence by month end and will be...

Shareholders grill Whitney executives, LA

May 21, 2009 11:23 am | by The Associated Press | News | Comments

NEW ORLEANS (AP) — Executives of Whitney Holding Corp. had their feet to the fire Wednesday as investors turned the company's annual shareholder meeting into a forum for airing complaints about the banking company's financial performance.Chairman and CEO John Hope III and other executives didn't...

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Former Kerry '04 worker sentenced to prison, 1st Ld-Writethru, US

May 21, 2009 11:23 am | by NEDRA PICKLER - Associated Press Writer - Associated Press | News | Comments

WASHINGTON (AP) — A former New Hampshire state legislator who processed checks for John Kerry's 2004 presidential campaign was sentenced Thursday to a year and a half in prison for stealing more than $100,000 of the money.Shane Tessimond of Lincoln, N.H., admitted he took checks mailed to the...

US vice president wraps up Balkan tour, 3rd Ld-Writethru, EU

May 21, 2009 11:23 am | by NEBI QENAAssociated Press | News | Comments

PRISTINA, Kosovo (AP) — U.S. Vice President Joe Biden on Thursday received a hero's welcome in the place where it was expected — among Kosovo Albanians who are thanking America for leading them to independence from Serbia.But, his visit to Serbia a day earlier may have gotten the new Obama...

Atrion Corporation Declares Quarterly Cash Dividend

May 21, 2009 11:22 am | by The Associated Press | News | Comments

http://www.atrioncorp.com () —The Board of Directors of Atrion Corporation (NASDAQ: ATRI) today declared a quarterly dividend of 30 cents per share on its outstanding shares of Common Stock. This dividend will be payable on June 30, 2009 to stockholders of record at the close of business on June...

School-funding legal contract unusual for Ohio, 1st Ld-Writethru, OH

May 21, 2009 11:22 am | by JULIE CARR SMYTH - AP Statehouse Correspondent - Associated Press | News | Comments

COLUMBUS, Ohio (AP) — The administration of Gov. Ted Strickland broke with past practice when it reached out to a private law firm to write its sweeping new school funding plan.Records obtained by The Associated Press show the $49,275 special counsel contract with Squire, Sanders & Dempsey is the...

Gold prices climb to 2-month high as dollar falls, 1st Ld-Writethru, US

May 21, 2009 11:22 am | by SARA LEPRO - AP Business Writer - Associated Press | News | Comments

NEW YORK (AP) — Gold prices jumped Thursday, rising above $950 an ounce for the first time in two months, as the dollar lost more ground against other currencies.The precious metal has moved steadily higher in recent weeks amid weakness in the dollar. Prices are up 6.7 percent for the month. Gold...

Synopsys shares tumble after sales forecast cut, APFN

May 21, 2009 11:22 am | by The Associated Press | News | Comments

NEW YORK (AP) — Shares of Synopsys Inc. tumbled Thursday as investors appeared to focus on the company's decision to trim its full-year sales forecast.The stock fell $2.36, or 11 percent, to $19.26 in afternoon trading.On Wednesday the Mountain View, Calif., company, which makes software for...

NJ bill on autism insurance coverage advances, APFN

May 21, 2009 11:22 am | by The Associated Press | News | Comments

TRENTON, N.J. (AP) — A bill to expand health insurance coverage for autism disorders is advancing in the New Jersey Legislature.The measure requires health insurers to cover the expenses of autism treatments deemed medically necessary, such as physical, speech and occupational therapy, as well as...

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