Market gains on homebuilder forecast, China data (Reuters)
The Dow and the Standard Poors 500 index closed at 13-month highs on Wednesday as an upbeat forecast from a top homebuilder and data from China pointed to a strengthening global economy.
Business Highlights (AP)
American International Group Inc.s CEO Robert Benmosche said Wednesday he plans to stay in his job at the embattled insurer.
Gold keeps on surging, hits new high of $1,119 (AP)
The price of gold surged to a fresh high Wednesday as the dollar fell to a 15-month low. Gold futures for December delivery jumped to as high as $1,119.10 an ounce on the New York Mercantile Exchange in morning trading, then slipped back to settle at $1,114.60, up $12.10 from Tuesdays close.
Fitch Upgrades Gilbert, Arizonas Street Hwy User Revs to AA-; Affirms MPC Excise Tax Bonds (Business Wire)
AUSTIN, Texas----During the course of routine surveillance, Fitch Ratings takes the following rating action regarding the Town of Gilbert, AZ:
Lawmakers protect Neb. farmers checkoff dollars (AP)
Complaints from Nebraska farmers and agriculture groups about using checkoff dollars to help balance the state budget appear to have worked.
Study seeks steady supply for Mich. ethanol plant (AP)
Researchers from Michigan State and Michigan Technological universities are seeking to ensure a steady and sustainable supply of material for the states first wood-based ethanol plant.
USA Truck to Participate at the Stephens Inc. Fall Investment Conference (Business Wire)
VAN BUREN, Ark.----USA Truck, Inc. will participate in the Stephens Inc. Fall Investment Conference on Wednesday, November 18, 2009, in New York City. The presentation will begin at 11:30 A.M. and will be approximately 25 minutes in length, including questions and answers after the presentation.
LKAs Golden Wonder Mine Exploration Development Continues to Yield Impressive Results (Business Wire)
GIG HARBOR, Wash.----LKA International has exploratory drilling and mining, targeting two separate areas within the mine, currently underway. Both of these areas are extensions of previous production zones above and below the mines 6 level.
Oil rises slightly, market eyes dollar, China (Reuters)
Oil prices rose slightly on Wednesday as the market weighed a rebound in the dollar against data showing strong demand growth from No. 2 consumer China.