International Business News - Southern http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Railroad Norfolk Southern Corp. said Tuesday its second-quarter profit rose 15 percent as higher revenue per shipment offset a 2 percent decline in traffic. http://www.ibtimes.com/articles/20080722/norfolk-southern-2q-profit-rises-15-percent.htm Tue, 22 Jul 2008 16:48:01 EDT Railroad operator Norfolk Southern Corp. on Tuesday said it will rise its quarterly dividend by 3 cents to 32 cents per share. The dividend is payable on Sept. 10 to shareholders of record as of Aug. 1. http://www.ibtimes.com/articles/20080722/norfolk-raises-quarterly-dividend-by-3-cents.htm Tue, 22 Jul 2008 13:33:45 EDT Financial services company Fidelity Southern Corp. said it will pay a regular quarterly dividend of 1 cent on Aug. 12 for shareholders of record on Aug. 1. http://www.ibtimes.com/articles/20080722/fidelity-southern-declares-dividend-of-1-cent.htm Tue, 22 Jul 2008 07:01:56 EDT Southern Co. announced Monday it will pay a regular quarterly dividend of 42 cents per share. The electric utility company said the dividend is payable on Sept. 6 for shareholders of record on Aug. 4. http://www.ibtimes.com/articles/20080722/southern-declares-dividend-of-42-cents.htm Tue, 22 Jul 2008 06:50:26 EDT The leader of a Muslim insurgent group in southern Thailand denounced the recent announcement of a cease-fire in the region as a hoax, while suspected rebels set off a bomb Monday that wounded seven people. http://www.ibtimes.com/articles/20080721/thai-insurgents-condemn-cease-fire.htm Mon, 21 Jul 2008 03:51:55 EDT The largest shareholder of Southern Union Co. on Thursday called on the natural gas distributor to put itself up for sale or undertake a major restructuring, including ousting Chief Executive George Lindemann and much of the board. http://www.ibtimes.com/articles/20080717/biggest-shareholder-calls-for-southern-union-sale.htm Thu, 17 Jul 2008 13:08:07 EDT An organization claiming to represent groups involved in southern Thailand's Muslim insurgency announced Thursday it will end all violence in the region. http://www.ibtimes.com/articles/20080717/thai-muslim-group-claims-cease-fire.htm Thu, 17 Jul 2008 06:49:57 EDT A JPMorgan analyst on Thursday upgraded Norfolk Southern Corp. to "Overweight" from "Neutral," saying the railroad will likely benefit from shrinking truck capacity and higher coal exports more than its peers. http://www.ibtimes.com/articles/20080710/analyst-lifts-norfolk-southern-to-overweight.htm Thu, 10 Jul 2008 18:01:34 EDT Suspected Islamic insurgents opened fire on a school bus in Thailand's restive south on Monday, killing two paramilitary rangers and wounding three teenage students, police said. http://www.ibtimes.com/articles/20080707/school-bus-attacked-in-thailand-3-student-hurt.htm Mon, 07 Jul 2008 11:37:48 EDT Suspected insurgents in Thailand's restive south shot up a bustling cafe early Saturday, killing three customers and injuring four others, police said. http://www.ibtimes.com/articles/20080705/insurgents-kill-3-in-thailands-south.htm Sat, 05 Jul 2008 04:40:26 EDT An Interior Ministry spokesman says insurgents in Russia's violence-plagued south destroyed a senior police official's house in a grenade attack. The spokesman says the Wednesday morning attack was on the property of senior police Lt. Adam Dzeitov in the city of Nazran. That is the main city of the republic of Ingushetia, which borders war-shattered Chechnya. http://www.ibtimes.com/articles/20080702/attack-destroys-russian-officials-home.htm Wed, 02 Jul 2008 06:55:08 EDT Electric utility owner Southern Co. spent more than $2.8 million in the first quarter to lobby on a wide range of energy and environmental issues, according to a recent disclosure form. http://www.ibtimes.com/articles/20080626/southern-spent-more-than-2-8m-lobbying-in-1q.htm Thu, 26 Jun 2008 10:19:42 EDT Power company Southern Co. said Thursday it expects to record a charge between $70 million and $90 million during the second quarter related to three residual investments from the 1990s. http://www.ibtimes.com/articles/20080626/southern-to-take-70m-to-90m-charge-in-2nd-qtr.htm Thu, 26 Jun 2008 09:09:56 EDT Shares of China Southern Airlines Co. touched a low Thursday as China's government said it would raise prices on gasoline and diesel fuel. The stock slipped 75 cents, or 3.1 percent, to $23.42 after setting the $23.39 low earlier in the session. It was the sixth time this month the stock has touched a 52-week low. http://www.ibtimes.com/articles/20080619/shares-of-china-southern-airlines-slip-touch-low.htm Thu, 19 Jun 2008 16:51:57 EDT Financial services firm Fidelity Southern Corp. said Thursday its will reduce its dividend 89 percent amid continued economic uncertainty. Fidelity Southern, which operations banks and insurance companies in the southeast, said it will likely cut its quarterly dividend to 1 cent from 9 cents beginning in the third quarter. http://www.ibtimes.com/articles/20080619/fidelity-southern-to-cut-dividend-89-percent.htm Thu, 19 Jun 2008 15:42:06 EDT A director of Atlantic Southern Financial Group Inc. bought 6,500 shares of stock, according to a Securities and Exchange Commission filing Friday. In a Form 4 filed with the SEC, William A. Fickling III reported he bought the shares for $14.69 and $15.15 apiece Thursday. http://www.ibtimes.com/articles/20080616/atlantic-southern-director-buys-shares.htm Mon, 16 Jun 2008 14:03:10 EDT Four years ago, the Bush-Cheney re-election campaign hosted a reception for Southern Baptist pastors at a hotel across the street from their annual meeting. http://www.ibtimes.com/articles/20080611/southern-baptists-remain-wary-of-mccain.htm Wed, 11 Jun 2008 20:43:39 EDT Freight railroad operator Kansas City Southern said Monday President and Chief Operating Officer Arthur Shoener has resigned and will be replaced by David L. Starling on July 1. http://www.ibtimes.com/articles/20080609/kansas-city-southern-coo-arthur-shoener-resigns.htm Mon, 09 Jun 2008 09:54:12 EDT The chairman and chief executive of railroad operator Kansas City Southern exercised options for 36,000 shares of common stock and sold them under a prearranged trading plan, according to a Securities and Exchange Commission filing. http://www.ibtimes.com/articles/20080605/kansas-city-southern-ceo-haverty-exercises-options.htm Thu, 05 Jun 2008 15:39:30 EDT Kansas City Southern said Thursday its subsidiary The Kansas City Southern Railway Co. priced $275 million of 8 percent senior notes due 2015. The company originally planned to offer $250 million of the notes, but was able to increase the amount because the notes were oversubscribed. http://www.ibtimes.com/articles/20080529/kansas-city-southern-increases-notes-offering.htm Thu, 29 May 2008 09:37:30 EDT