AP Business

That move came just before Treasury Secretary Timothy F. Geithner and Secretary of State Hillary Rodham Clinton met President Hu Jintao of China for high-level talks in early May in Beijing. Mr. Geithner told Mr. Hu during those meetings that ...  

BY PAUL MONIES and JAY F. MARKSActivist investor Carl Icahn has amassed a 7.5 percent stake in Chesapeake Energy Corp. and called for the replacement of four board directors at the energy company.After two weeks of rumors about his purchase of Chesapeake shares, Icahn said in regulatory filings Friday afternoon his affiliated partnerships spent more than $785 million to buy more than 50 million shares. Read more on NewsOK.com  

BOSTON—The Nuclear Regulatory Commission approved the renewal of the Pilgrim Nuclear Power Station's operating license for another 20 years, the agency announced Friday, despite objections from Gov. Deval Patrick and other Massachusetts officials.  

The announcement follows similar ones in recent months by French automaker PSA Peugeot Citroen SA, which has entered an alliance with General Motors Co., South Korean automaker Hyundai and German sports carmaker Porsche. More than a dozen foreign ...  

CHICAGO (AP) — Grains futures mostly rose in early trading Friday on the Chicago Board of Trade. Wheat for July delivery rose 13.50 cents to $6.7650 a bushel; July corn rose 9 cents to $5.8750 a bushel; July oats were unchanged at $3.05 a ...  

May 25 - Fitch Ratings has affirmed Vodafone Group Plc's Long-term Issuer Default Rating (IDR) and senior unsecured rating at 'A-', and its Short-term IDR at 'F2'. The Outlook on the Long-term IDR is Stable. Vodafone's strengths include its ...  

Billionaire investor Carl Icahn, the chairman and majority shareholder in St. Charles-based American Railcar Industries (Nasdaq: ARII), today criticized the board of Chesapeake Energy after he revealed that his investment fund has taken a nearly ...  

NEW YORK — Shares of some top autos companies are mixed at 1 p.m.: Ford Motor Co. rose $.03 or .3 percent, to $10.62. General Motors Co. rose $.33 or 1.5 percent, to $22.37. Honda Motor Co. fell $.24 or .7 percent, to $31.96. Toyota Motor Corp ...  

(AP) - Concerns about Europe pushed U.S. markets lower Friday but didn't erase all the gains from Monday and Thursday. The Dow Jones industrial average finished up for the week for the first time in May. The Dow Jones industrial average fell 74 ...  

Spectrum Pharmaceuticals Inc. said Friday it is extending the tender-offer period in its attempt to buy all outstanding shares of Colorado biotech Allos Therapeutics Inc. The extension of the April 5 offer comes following a request for more information on the deal from the Federal Trade Commission under antitrust laws. Henderson, Nev.-based Spectrum (Nasdaq: SPPI) is offering $1.82 a share for Westminster-based Allos (Nasdaq: ALTH). Allos...  

In cleaning up mess, FDIC may have sped Utah banks’ end By paul beebe The Salt Lake Tribune Published May 25, 2012 02:06PM MDT The speed at which the Federal Deposit Insurance Corp. disposed of the foreclosed properties of a failed Arkansas bank played a part in the later demise of at least two Utah banks, the head of the Utah Bankers Association alleges. The disposition of ANB Financial’s assets after the Bentonville, Ark.-based...  

SAO PAULO--(BUSINESS WIRE)--Fitch Ratings expects to assign a 'BB(exp)' rating to Banco Pine S.A.'s (Pine) upcoming issue of Swiss franc denominated (CHF) senior unsecured notes with a maturity of two and a half years (30 months). The notes will be issued through Pine's Grand Cayman Branch; the amount of the notes will be for approximately CHF 100,000,000, and the interest rate will be set at the time of the issuance. Principal will mature in...  

NEW YORK (MarketWatch) -- Energy stocks contained in the S 500 rose 0.7%, on average, in early trades on Friday. Chesapeake Energy Corp. moved up 2.5%, rising for the second day after it said it would place more acreage on the selling block. Also moving up, Denbury Resources rose 1.6%. Exxon Mobil Corp. rose 0.3% and Chevron Corp. fell 0.2%. The Dow Jones Industrial Average dipped 5 points. Market Pulse Stories are Rapid-fire, short news...  

NEW YORK (AP) -- U.S. stock futures fell Friday, led by the financial sector in the wake of huge losses at J.P. Morgan on trading bets gone wrong. Dow Jones industrial average futures fell 91 points to 12,743. Standard & Poor's 500 futures fell ...  

Looking at the universe of stocks we cover at Dividend Channel, on 5/29/12, Goldman Sachs Group Incorporated (NYSE: GS) will trade ex-dividend, for its quarterly dividend of $0.46, payable on 6/28/12. As a percentage of GS's recent stock price of $97.04, this dividend works out to approximately 0.47%. Click here to find out which 9 other stocks going ex-dividend you should know about, at DividendChannel.com »