Vulcan falls on asset sale charge news
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NEW YORK (CBS.MW) - Shares of Vulcan Materials Co lost more than 4 percent of their worth Tuesday, after the company announced it will take a non-cash charge of about 70 cents per share related to an asset sale.
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Business & money: Biggest share falls since height of credit crunch after US bank's $18bn write-off and Rock uncertainty grows
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Despite another win, the armored vehicle maker's stock falls.
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Fidelity Investments' flagship equity fund, Magellan, saw assets slip about $496 million in August, to $61.9 billion, primarily a result of investor withdrawals. The fund had a year-to-date loss of 1.56 percent through Aug. 31, compared with the 0.43 percent gain of its benchmark, the Standard &amp; Poor's 500 Index. Year-to-date through July 31, the fund lost 1.79 percent. According ...
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Great news -- your stock just got downgraded!
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Access Brokerage liquidators said today they had discovered a $5 million shortfall in the share trader&#39;s accounts and the Bank of New Zealand said it has frozen all accounts in the name of Access Brokerage Ltd, including trust accounts.
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As far as stock hits go, this ranks up there as one of the worst. Merck &amp; Co. lost more than $26.6 billion in value yesterday - yes, that&#39;s billion with ab - after the pharmaceutical giant
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Leading shares closed a touch weaker today, well off session lows in-line with a rally from lows on Wall Street with concerns about the impact of China&#39;s decision to triple stamp duty seen as being overdone, dealers said.
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Vulcan lowers the price of its FlipStart UMPC to $699.
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explanation of market-timing, further attorney comment. Picks up last graf. Also moving on general news wires. DENVER  _ The former chief executive of Invesco Funds Group has agreed to pay $500,000 to
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Shares in Dutch bank slip as Royal Bank of Scotland unveils its bid -- legalities are still a sticking point.
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but investors haven&#39;t been doing the same. Yesterday, shares of Jones fell approximately 3% following the announcement
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To help fund the $877 million purchase, Auckland Energy Consumer Trust-owned Vector will float 24.9 percent of its shares on the stock exchange.
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Â· Northern Rock shares drop 30% after rescueÂ· Bank websites down as customers panic
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Stocks fell on Thursday in the latest leg of a global equities sell-off as investors' diminishing appetite for risk drove them toward safer assets like bonds.
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An Australian hedge fund felled by its  exposure to risky credit derivatives filed for bankruptcy  protection in the United States, and liquidators on Thursday  were assessing how much money, if any, would be returned to  investors.
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Embattled Marsh &amp; McLennan Cos. has lost more than a dozen brokers in the past six weeks, since Attorney General Eliot Spitzer charged them with bid-rigging and the stock price fell by 40 percent.