INDEX › DJ DENMARK STOCK INDEX (INDEX:DKDOW)
676.03 +1.69 (+0.25%)
2013-12-09 11:28:23, 0 min delay
|52wk High Date||2013-12-03|
|52wk Low Date||2012-12-20|
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Alpha Natural Resources Inc. said Monday that it has agreed to sell its 50 percent stake in a natural gas joint venture to Rice Energy for $300 million in cash and stock. Rice Energy will pay Alpha Natural Resources $100 million in cash and $200 million in common stock from its planned initial public offering. The deal will close when Rice Energy goes public, which is expected in the first quarter of 2014.
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OSI Systems Inc. shares plunged Monday on reports that it may face a ban on contracts with the Department of Homeland Security following some missteps. OSI said that when its security division, Rapiscan Systems, discovered the error it informed TSA of the lapse and offered corrective steps. But Bloomberg News reported Monday that the TSA, which is part of the Department of Homeland Security, has resumed an effort to bar Rapiscan Systems from future contracts, citing a letter from members of Congress. Bloomberg also reported that some lawmakers are questioning whether the unapproved component would make the machines vulnerable to sabotage or espionage.
2 hours, 37 minutes ago
BUCHAREST, Romania (AP) — Romania's prime minister said Monday he will delay a proposed diesel fuel tax increase that the president has opposed, but go ahead with one on gasoline. President Traian Basescu last week said fuel increases would "harm Romania's interests and economic recovery," hitting vulnerable retirees especially hard.
2 hours, 43 minutes ago
WASHINGTON (AP) — Fully 20 percent of U.S. adults become rich for parts of their lives, wielding extensive influence over America's economy and politics, according to new survey data. They extend well beyond the wealthiest 1 percent, a traditional group of super-rich millionaires and billionaires with long-held family assets. The new rich have household income of $250,000 or more at some point during their working lives, putting them — if sometimes temporarily — in the top 2 percent of earners.