Posted by Pat Sullivan
on April 21, 2009
Tales Of The Tape /
1 Comment
By Ann Keeton
Of DOW JONES NEWSWIRES
CHICAGO (Dow Jones)–With a corner on the U.S. defense market for very small, unmanned aircraft and new clean energy technology in the pipeline, AeroVironment, Inc.’s (AVAV) chairman and chief executive, Timothy Conver, expects the company to find continued opportunities for revenue growth.
Conver said Secretary Robert Gates’ strategy at the U.S. Department of Defense, to offer greater support to current armed forces, plays into AeroVironment’s strength.
“We make hand-launched aircraft that save lives of soldiers,” Conver said.
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Tags: Aviation, Defense, Tales Of The Tape
Posted by Stacy Ozol
on March 27, 2009
Tales Of The Tape /
1 Comment
By Lavonne Kuykendall
Of DOW JONES NEWSWIRES
CHICAGO (Dow Jones)–Gamblers who have cut back on junkets to Las Vegas amid
the market downturn may have found a way to replace at least one of the vices
they enjoyed there: betting on big swings in American International Group Inc.’s
(AIG) daily share price.
Despite AIG being in hock to the government for nearly three times its
fourth-quarter book value, with no clear way to pay off the money anytime soon,
more than 145 million AIG shares trade on a typical day.
In the space of the last few weeks, the price of those AIG shares has ranged
from 33 cents to $1.50. (It was recently at $1.16.) This price volatility makes
the stock attractive to speculators who are looking to make a quick profit by
buying or shorting the stock.
