SolarWorld Concludes Joint Venture with Qatar Foundation (Business Wire)
BONN, Germany & DOHA, Qatar----SolarWorld is acquiring a 29 percent stake in the newly founded Joint Venture Qatar Solar Technologies headquartered in the Emirate of Qatar. The joint venture will establish the first production facility for polysilicon on the Arabian Peninsula.
Sector Snap: Health insurer stocks climb (AP)
Shares of Coventry Health Care Inc. led managed care stocks higher Monday as a Morgan Stanley analyst upgraded the sector, citing potential catalysts that could drive shares up.
Kohn to leave Fed in June; gives Obama opening (AP)
Federal Reserve Vice Chairman Donald Kohn's decision to step down at the end of June gives President Barack Obama a chance to put a bigger imprint on the central bank.
Shanda Games shares drop after sales forecast (AP)
Shares of online game operator Shanda Games Ltd. and of controlling shareholder Shanda Interactive Entertainment Ltd., dropped Monday after Shanda Games projected disappointing first-quarter sales.
Sector Snap: Chip stocks climb on January sales (AP)
Semiconductor shares rose Monday after a trade group reported that worldwide chip sales in January were nearly 50 percent above year-ago levels.
Anthera shares rise in debut after price cut (AP)
Shares of drug developer Anthera Pharmaceuticals Inc. rose in their market debut Monday after the company cut the price of its initial public offering.
Silver Wheaton reports doubling of reserves (AP)
Silver Wheaton Corp. said Monday that its proven and probable reserves of silver and gold more than doubled last year to a record high.
Chile ADRs mostly fall in aftermath of earthquake (AP)
U.S.-traded shares of Chilean companies mostly fell Monday in the aftermath of Saturday's devastating earthquake. The Bank of New York Mellon Chile ADR Index slid 1.2 percent to 253.68 in mid-day trading.
Spending more, saving less. Uh-oh.
We all supposedly learned our lesson. The credit bubble and Great Recession taught us to be more fiscally fit. Save more and spend within your means. For a while, it looked like a new era of thrift was upon us.
Dillard's shares soar on strong 4Q results (AP)
Shares of Dillard's Inc. soared in trading Monday after the department store operator reported strong gains for its fourth quarter.