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Sugar Land, TX -- Arabian American Development Co. (Nasdaq: ARSD - News) today announced that the Ar...
Lesson number one on what American corporations are likely to do with their collective cash balances of $1 trillion can be viewed through the lens of the action taken by Best Buy, a retail chain selling a wide range of electronic products. Yesterday, BBY announced a major buyback of its shares-- $5 billion worth-- and raised its cash dividend by 7%. The stock reacted positively- rising 2.66 ...
Arabian American Development Co. today announced that the Arab Mining Company has invested US $37.3 million, acquiring five million shares, or 10% interest in Al-Masane Al-Kobra Mining Company .
RENO, NV--(Marketwire - 07/05/11) - American Mining Corporation ("AMC"), a Nevada corporation (OTCQB: AMCM) and Win-Eldrich Gold Inc. ("WEG"), a wholly owned subsidiary of Win-Eldrich Mines Limited ("WEX") (TSX-V), are pleased to announce that AMC has completed the initial cash payment of US$500,000 towards a joint venture with WEG. Under the terms of a letter of intent dated March 24, 2011, WEG ...
A district court judge has ruled a Sioux City businessman cannot recover almost $15 million in investment losses from First American Bank and one of its employees, Joe Heffernan.
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