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Ambac Financial Group shares rallied

Posted 11-05-2012 at 07:11 AM by marcitize12
Ambac Financial Group shares rallied Friday as investors reacted to a U.K. newspaper report that the embattled bond insurer may be acquired by Wilbur Ross, a billionaire investor who specializes in distressed companies and industries. Negotiations between Ross and New York-based Ambac are serious and progressing...
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Democratic presidential candidates

Posted 11-05-2012 at 07:10 AM by marcitize12
Democratic presidential candidates have been stumping for "green collar jobs," contending that workers need federally-funded training to help build the new energy economy and fill the avalanche of work coming to the burgeoning domestic clean-tech and alternative energy sectors. Attention to green jobs is a relatively...
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Chesapeake Energy posts lower profit

Posted 11-05-2012 at 07:10 AM by marcitize12
Chesapeake Energy posts lower profit (6:00 PM ET) SAN FRANCISCO (MarketWatch) -- Chesapeake Energy Corp. (US:CHK) , the largest independent U.S. natural gas producer, reported late Thursday fourth-quarter net income of $303 million, falling from $471 million a year ago. After paying preferred stock dividends and including...
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American Railcar Industries Inc

Posted 11-05-2012 at 07:04 AM by marcitize12
American Railcar Industries Inc., (US:arii) the St. Charles, Mo., railcar producer, reported fourth-quarter earnings rose 28% on 2.1% lower revenue and said it agreed to cooperate with Amtek to produce and sell railcars in India and Southeast Asia. Earnings reached $7.9 million, or 37 cents a share, from $6.1 million,...
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Dana Corp. (US:DAN) confirmed

Posted 11-05-2012 at 07:03 AM by marcitize12
Dana Corp. (USAN) confirmed Thursday that it named Gary Convis chief executive. The Toledo, Ohio, maker of automotive parts said Convis was appointed to the company's board in January after retiring from Toyota Motor Corp. (US:TM) where he served as chairman of Toyota Motor Manufacturing in Kentucky. Acting Chief Executive...
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