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E-Trade Financial ratings cut by Standard & Poor's, APFN

May 21, 2009 8:38 am | by The Associated Press | News | Comments

NEW YORK (AP) — Credit ratings agency Standard & Poor's on Thursday cut its ratings on retail brokerage firm E-Trade Financial Corp.S&P cut E-Trade's long-term counterparty credit and senior debt ratings to "CCC-" from "B." The new and old ratings are considered non-investment grade, or "junk."...

Onex Corporation Second Quarter Dividend Declared

May 21, 2009 8:38 am | by The Associated Press | News | Comments

The Board of Directors of Onex Corporation (TSX: OCX) today declared a second quarter dividend of $0.0275 per Subordinate Voting Share payable on July 31, 2009 to shareholders of record on July 10, 2009.

Has Its Best Broadcast Season Ever Entertainment Editors/TV Writers

May 21, 2009 8:38 am | by The Associated Press | News | Comments

MIAMI-- (BUSINESS WIRE) — May 21, 2009-- The Univision Network announced today it will close the 2008/2009 broadcast season with a total viewing audience of nearly four million, a record in the network's history and its best broadcast season ever. With one day to go in the all-important May sweep...

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Dozens of groups oppose change to liability laws, 1st Ld-Writethru, WI

May 21, 2009 8:37 am | by SCOTT BAUER - Associated Press Writer - Associated Press | News | Comments

MADISON, Wis. (AP) — More than 50 businesses and organizations joined together Thursday to oppose Gov. Jim Doyle's bid to change Wisconsin's liability laws.The Democratic governor's proposal known as "joint and several liability" would increase the number of victims who could receive full damages...

Public hearings set on governor's alternative, VT

May 21, 2009 8:37 am | by The Associated Press | News | Comments

MONPTELIER, Vt. (AP) — Vermont House Speaker Shap Smith says a budget proposal by Gov. Jim Douglas will have a difficult time winning approval in an upcoming special session.The Democratic lawmaker said Thursday the proposal issued this week by the Republican governor would significantly raise...

Bing confident in council votes for a Cobo deal, 1st Ld-Writethru, MI

May 21, 2009 8:37 am | by COREY WILLIAMS - Associated Press Writer - Associated Press | News | Comments

BIRMINGHAM, Mich. (AP) — Newly elected Detroit Mayor Dave Bing believes he has the votes on the city council to push through what could be a last-minute expansion plan for aging Cobo Center.Details of Bing's plan have not been released, but it is similar to a $288 million proposal being brokered in...

Digital Label Summit in Barcelona Business Editors

May 21, 2009 8:37 am | by The Associated Press | News | Comments

YPSILANTI, Mich.-- (BUSINESS WIRE) — May 21, 2009-- At the Digital Label Summit in Barcelona, Spain, March 24th and 25th, Dr. Ken Stack of EFI (NASDAQ: EFII) spoke on two of the conference's program sessions. Dr. Stack, who is the general manager and the senior vice president of EFI's Jetrion...

Crist signs Fla. economic development bills, 1st Ld-Writethru, FL

May 21, 2009 8:37 am | by BILL KACZOR - Associated Press Writer - Associated Press | News | Comments

TALLAHASSEE, Fla. (AP) — Gov. Charlie Crist signed new laws Thursday intended to boost Florida's economy, including measures to reduce impact fees on new development and provide tax incentives for businesses to locate in low-income communities.Crist, also a Republican candidate for the U.S. Senate,...

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Altus Group Income Fund Announces May Distributions

May 21, 2009 8:36 am | by The Associated Press | News | Comments

Altus Group Income Fund ("Altus") (TSX: AIF.UN) is pleased to announce its distributions for the month of May 2009. The cash distribution will be $0.10 per unit.Payment will be made on June 15, 2009 to unitholders of record as at May 31, 2009.About Altus Group Income FundAltus Group is the leading...

Bristow posts lower 4Q profit on exchange rates, APFN

May 21, 2009 8:36 am | by The Associated Press | News | Comments

HOUSTON (AP) — Bristow Group Inc., which provides helicopter airlift services to offshore oil rigs, said Thursday its fiscal fourth-quarter profit slipped 3.9 percent, as an unfavorable exchange rate offset a growth in revenue.The company said its net earnings after payment of preferred stock...

Mass. Senate nixes plan to allow slots at tracks, 2nd Ld-Writethru, MA

May 21, 2009 8:31 am | by STEVE LeBLANC - Associated Press Writer - Associated Press | News | Comments

BOSTON (AP) — The Massachusetts Senate has rejected proposals to allow the state's dog and horse tracks to add 2,500 slot machines each and to delay a voter-mandated ban on greyhound racing.But the Senate backed a plan to join the multi-state lottery game Powerball, which could generate $25 million...

Sector Snap: Airline shares down slightly, APFN

May 21, 2009 8:31 am | by The Associated Press | News | Comments

MINNEAPOLIS (AP) — Airline shares dipped slightly on Thursday, despite a noticeable drop in oil prices.With most airline shares below $10, movement of a few pennies could swing the shares 2 percent or more. The Amex Airline Index was down 1.4 percent.Shares of Delta Air Lines Inc. lost 7 cents to...

Woman, Harrah's settle suit over slots jackpot, 1st Ld-Writethru, NJ

May 21, 2009 8:30 am | by WAYNE PARRY - Associated Press Writer - Associated Press | News | Comments

ATLANTIC CITY, N.J. (AP) — A 79-year-old woman and Harrah's Resort Atlantic City have settled a lawsuit accusing the casino of cheating her out of an $86,000 slots jackpot.Angela Domino of Egg Harbor Township sued when the casino told her she had won just over $20,000 instead of the bigger amount...

Va community college tuition to rise, 1st Ld-Writethru, VA

May 21, 2009 8:30 am | by ZINIE CHEN SAMPSON - Associated Press Writer - Associated Press | News | Comments

RICHMOND, Va. (AP) — Students at Virginia's community colleges will see tuition and fees increase by $6.55 per credit hour for the 2009-10 school year.In-state students at almost all state community colleges will pay $92.70 per credit hour, up from $86.15. An in-state student taking 30 credit hours...

Friends remember Tacoma victim of sex attack, WA

May 21, 2009 8:29 am | by MIKE ARCHIBOLDAssociated Press | News | Comments

TACOMA, Wash. (AP) — For years, few people knew Ryan Alan Hade's name.But what happened to him on a May afternoon in 1989 changed American law forever.For privacy reasons, he became known as "the little Tacoma boy" who was raped, strangled and mutilated by a convicted sex offender. His tragedy...

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