International Business News - Stock 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 The lawyer of a Kuwaiti stock trader says he has filed suit to compel the government to temporarily close the slipping stock exchange to curb losses. Attorney Adel al-Abdul Hadi says a court will hear broker Khaled al-Awadi's case against the prime minister and the stock exchange manager on Thursday. http://www.ibtimes.com/articles/20081007/kuwaiti-goes-to-court-to-close-stock-exchange.htm Tue, 07 Oct 2008 08:32:56 EDT Berkshire Hills Bancorp Inc. on Monday said it has commenced a public offering of approximately $30 million of its common stock. The bank also granted the underwriters of the offering a 30-day option to purchase up to an additional 15 percent of the shares sold to cover over-allotments. http://www.ibtimes.com/articles/20081006/berkshire-hills-bancorp-to-sell-30m-in-stock.htm Mon, 06 Oct 2008 19:03:32 EDT Reinsurance Group of America Inc. on Monday said its board authorized a plan to convert its outstanding shares of Class B common stock into Class A common shares on a 1-to-1 basis. http://www.ibtimes.com/articles/20081006/reinsurance-group-board-oks-plan-to-convert-stock.htm Mon, 06 Oct 2008 18:35:51 EDT A jury on Friday acquitted the former top lawyer at computer-security software maker McAfee Inc. of illegally tampering with his stock option grants to boost his pay package. http://www.ibtimes.com/articles/20081003/ex-mcafee-exec-cleared-of-option-backdating-charge.htm Fri, 03 Oct 2008 18:22:14 EDT A jury on Friday acquitted the former top lawyer at computer-security software maker McAfee Inc. of illegally tampering with his stock option grants to boost his pay package. http://www.ibtimes.com/articles/20081003/ex-mcafee-exec-cleared-of-option-backdating-charge.htm Fri, 03 Oct 2008 18:22:08 EDT Liberty Property Trust said Thursday it will offer nearly 4.8 million shares at $33 per share. The price is a nearly 2 percent discount to the company's closing price on Thursday of $33.53. http://www.ibtimes.com/articles/20081003/liberty-prices-4-8m-share-offer-at-33-per-share.htm Fri, 03 Oct 2008 08:08:00 EDT Ford Motor Co. plans to sell additional $500 million in shares to pay off debt at its financing arm, the carmaker said in a regulatory filing Thursday. http://www.ibtimes.com/articles/20081002/ford-motor-to-sell-another-500-million-in-stock.htm Thu, 02 Oct 2008 17:25:04 EDT Commercial real-estate company Liberty Property Trust said Thursday it plans to sell nearly 4.8 million shares in an underwritten public offering. The company plans to grant underwriters an option to buy an additional 712,500 shares during the next 30 days. http://www.ibtimes.com/articles/20081002/liberty-property-trust-to-offer-4-8m-shares.htm Thu, 02 Oct 2008 07:59:46 EDT HCC Insurance Holdings Inc. said Wednesday it will realize a loss of $19.4 million in the third quarter from the sale of stock and securities in a series of financial firms that were bought, taken over by the government or went bankrupt. http://www.ibtimes.com/articles/20081001/hcc-sees-19-4m-loss-on-sale-financial-holdings.htm Wed, 01 Oct 2008 16:24:08 EDT NYSE Euronext, the trans-Atlantic stock exchange operator, said Wednesday it completed its acquisition of The American Stock Exchange. In January, NYSE Euronext agreed to acquire Amex for $260 million in stock, plus additional shares after NYSE Euronext sells Amex's former headquarters. http://www.ibtimes.com/articles/20081001/nyse-euronext-completes-acquisition-of-amex.htm Wed, 01 Oct 2008 07:10:33 EDT General Motors Corp. said Tuesday it has suspended employee stock purchases through two 401(k) programs because workers have bought all the available shares. http://www.ibtimes.com/articles/20080930/gm-suspends-stock-purchases-in-employee-plans.htm Tue, 30 Sep 2008 19:09:20 EDT Ivanhoe Mines President and Chief Executive John Macken said Tuesday nothing has happened with the company to explain the recent selling pressure on its stock. http://www.ibtimes.com/articles/20080930/ivanhoe-executive-sees-no-reason-for-stocks-drop.htm Tue, 30 Sep 2008 13:19:51 EDT Biotechnology company Micromet Inc. said Tuesday it will sell $40 million in stock to fund development of its lead drug candidate, an antibody designed to treat cancer. http://www.ibtimes.com/articles/20080930/micromet-plans-to-sell-40-million-in-stock.htm Tue, 30 Sep 2008 12:54:03 EDT Extra Space Storage Inc., a real estate investment trust that operates and owns self-storage properties, said Tuesday it has agreed to sell 3 million common shares to clients of an investment management business. http://www.ibtimes.com/articles/20080930/extra-space-storage-to-offer-3-million-shares.htm Tue, 30 Sep 2008 11:32:20 EDT Griffon Corp., a communications and electronic information, building products and specialty plastics business, announced Tuesday that it has raised more than $240 million from a stock sale and the closing of related developments. http://www.ibtimes.com/articles/20080930/griffon-raises-240-million-in-stock-sale.htm Tue, 30 Sep 2008 09:41:14 EDT Biotechnology company Clinical Data Inc. said Monday it has agreed to sell 1.5 million shares of stock to affiliates of Chairman Randal Kirk for $25 million. http://www.ibtimes.com/articles/20080929/clinical-data-places-1-5-million-shares-for-25m.htm Mon, 29 Sep 2008 15:33:53 EDT Former American International Group Inc. Chief Executive Maurice "Hank" Greenberg sold 5 million shares of the company's stock on Thursday, according to a regulatory filing Friday. http://www.ibtimes.com/articles/20080926/former-aig-ceo-greenberg-sells-5m-shares.htm Fri, 26 Sep 2008 16:10:58 EDT The Toronto Stock Exchange plummeted in early trading as election-time politics continued to bog down a $700-billion bailout plan for Wall Street amid the biggest bank failure in U.S. history. http://www.ibtimes.com/articles/20080926/toronto-stock-exchange-plummets-316-points.htm Fri, 26 Sep 2008 10:20:47 EDT First Niagara Financial Group Inc. has announced that it will sell 7.4 million shares of stock valued at about $100 million to finance its growth strategy and general corporate purposes. http://www.ibtimes.com/articles/20080926/first-niagara-financial-to-sell-100m-in-shares.htm Fri, 26 Sep 2008 08:26:24 EDT Washington Real Estate Investment Trust said Thursday that it will sell 1.5 million shares in a public offering. The company will also grant underwriters an option to buy another 225,000 shares. http://www.ibtimes.com/articles/20080925/washington-reit-to-sell-1-5-million-shares.htm Thu, 25 Sep 2008 17:01:10 EDT