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AmerisourceBergen Splits Stock Two-for-One and Plans to Increase Its Quarterly Dividend 20 Percent Pharmaceutical Writers/Business Editors/Stock Market Writers

May 19, 2009 4:06 am | by The Associated Press | News | Comments

VALLEY FORGE, Pa.-- (BUSINESS WIRE) — May 19, 2009-- The Board of Directors of AmerisourceBergen Corporation (NYSE:ABC) today announced a two-for-one stock split of the Company's outstanding shares of common stock. The Board also plans to increase the quarterly dividend by 20 percent to $0.06 per...

Highest Performing Cloud Storage Platform Business Editors/High-Tech Editors

May 19, 2009 4:06 am | by The Associated Press | News | Comments

HOUSTON-- (BUSINESS WIRE) — May 19, 2009-- The Planet, the global leader in IT hosting, today issued a report that shows The Planet Storage Cloud outperforms similar cloud storage platforms in both read and write tests. With its benefits of on-premise storage, elastic cloud design and utility-based...

Stone Wins Multiple Awards for Innovation and Excellence Business Editors/Technology Editors

May 19, 2009 4:06 am | by The Associated Press | News | Comments

ARLINGTON, Va.-- (BUSINESS WIRE) — May 19, 2009-- Rosetta Stone Inc. (NYSE:RST), a leading provider of technology-based language-learning solutions, announced today that Rosetta Stone has received five awards in the last month recognizing the company's interactive program, innovation and...

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Streamlines Orphan Distribution and Management Business Editors

May 19, 2009 4:06 am | by The Associated Press | News | Comments

NEW YORK-- (BUSINESS WIRE) — May 19, 2009-- Navagate, a premier global provider of enterprise class Distribution Optimization solutions for financial services companies, today announced the release of its Orphan Discovery Solution whose functions enable growing firms to effectively aggregate and...

Declares Cash Dividend Business Editors

May 19, 2009 4:06 am | by The Associated Press | News | Comments

LITTLE ROCK, Ark.-- (BUSINESS WIRE) — May 19, 2009-- Dillard's, Inc. (NYSE: DDS) (the "Company") announced today that the Board of Directors declared a cash dividend of 4 cents per share on the Class A and Class B Common Stock of the Company payable August 3, 2009 to shareholders of record as of...

Marini, Johnson tied on 'Dancing With the Stars', 1st Ld-Writethru, US

May 19, 2009 4:06 am | by SANDY COHEN - AP Entertainment Writer - Associated Press | News | Comments

LOS ANGELES (AP) — Let the championship dance-off begin.Shawn Johnson and Gilles Marini came into Tuesday night's "Dancing With the Stars" season finale tied with 58 points. Fellow finalist Melissa Rycroft was two points behind with 56. All want to win the ABC show's coveted mirror-ball trophy,...

Funds found to avoid trooper furloughs, 2nd Ld-Writethru, OK

May 19, 2009 4:00 am | by RON JENKINS - Associated Press Writer - Associated Press | News | Comments

OKLAHOMA CITY (AP) — Legislative leaders and Gov. Brad Henry agreed Tuesday to kick in an extra $2.5 million for the Department of Public Safety to keep Highway Patrol troopers from facing furloughs."Today's agreement will prevent an unnecessary reduction in troop presence on our roads, which could...

Massey shareholders re-elect Gee to board, 1st Ld-Writethru, WV

May 19, 2009 4:00 am | by The Associated Press | News | Comments

CHARLESTON, W.Va. (AP) — Massey Energy shareholders have rejected a pair of environmental measures and re-elected Ohio State University President Gordon Gee to the Richmond, Va.-based coal producer's board.Preliminary vote totals from Tuesday's annual meeting show Gee and three company nominees won...

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Burberry makes loss for year, 1st Ld-Writethru, EU

May 19, 2009 4:00 am | by JANE WARDELL - AP Business Writer - Associated Press | News | Comments

LONDON (AP) — British luxury goods company Burberry Group PLC made a 5.1 million pound ($7.9 million) loss for the year after it heavily discounted products to maintain sales, wrote down the value of Spanish stores and bore the cost of moving its London and New York headquarters.The net loss for...

Officials: Naval action alone can't crush pirates

May 19, 2009 4:00 am | by EILEEN NG - Associated Press Writer - Associated Press | News | Comments

KUALA LUMPUR, Malaysia (AP) — Aggressive military action to curb piracy off the coast of Somalia can contain the scourge, but it will only be wiped out when a stable and strong government takes control of the lawless east African nation, senior U.S. and European officials said Tuesday.Delegates at...

Medtronic to cut up to 1,800 jobs after profit dip

May 19, 2009 3:55 am | by DAMIAN J. TROISE - AP Business Writers - Associated Press | News | Comments

Medical device maker Medtronic said Tuesday it would cut up to 1,800 employees after its fiscal fourth-quarter plunged 69 percent on slipping sales and restructuring and other charges.Its adjusted earnings matched Wall Street expectations, but shares fell after the company forecast disappointing...

Hand-held phone driving ban proposed in La., APFN

May 19, 2009 3:55 am | by The Associated Press | News | Comments

BATON ROUGE, La. (AP) — Louisiana motorists should be banned from using hand-held telephones while driving, a House committee voted on Monday, reviving a proposal that was killed in the Senate last year.Rep. Austin Badon won approval from the House Transportation Committee after arguing that...

Siemens to provide 175 wind turbines in UK project, 1st Ld-Writethru, EU

May 19, 2009 3:55 am | by The Associated Press | News | Comments

FRANKFURT (AP) — German conglomerate Siemens AG said Tuesday it would provide 175 wind turbines for a U.K. offshore wind farm project in the Thames estuary, but did not provide financial details.Munich-based Siemens said the deal includes delivery, installation and commissioning of the 175 wind...

FTSE 100 up 46.80 at 4,493.25, EU

May 19, 2009 3:55 am | by The Associated Press | News | Comments

LONDON (AP) — Share prices on the London Stock Exchange were higher at midday Tuesday.At noon, the FTSE 100-share index was up 46.80 points at 4,493.25.

DC resident pleads guilty to $35M mortgage fraud, APFN

May 19, 2009 3:54 am | by The Associated Press | News | Comments

GREENBELT, Md. (AP) — A 10th person has pleaded guilty in a $35 million mortgage foreclosure rescue scam.Federal prosecutors say 34-year-old Ronald Chapman Jr. of Washington faces up to 30 years in prison and a $1 million fine for conspiracy to commit mail and wire fraud. He pleaded guilty on...

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