Investors grab DSW IPO gains in debut trading
DSW Inc shares rose 27 percent in the first hour on the New York Stock Exchange after pricing 14.1 million shares at 19 dollars each. Lehman Brothers led underwriters with an option for 2.1 million more. Ohio Attorney General Jim Petro had sued DSW earlier this month over a data breach affecting 1.4 million customers across 25 states.
MENTIONED IN THIS ARTICLE
Columbus
DSW Inc
DSW
New York Stock Exchange
Lehman Brothers
Ohio
Jim Petro
Oil prices fall as U.S. supplies rise
U S government data show higher domestic inventories of oil gasoline and heating oil, sparking a drop in crude futures. August light sweet crude eased 94 cents to settle at 57.26 a barrel in New York, extending a two day decline from around 60 a barrel.
MENTIONED IN THIS ARTICLE
Washington
U.S
New York
GM Ford Toyota top dependability in J.D. Power report
GM Ford and Toyota top the 2002 model year dependability survey by J.D. Power with Lexus leading and Kia trailing. Hyundai showed the largest improvement, while GM captured eight of 19 vehicle segment wins as executives defend ongoing quality efforts and future models.
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Detroit
J.D. Power and Associates
General Motors Corp
Ford Motor Co
Toyota Motor Co
Chance Parker
J.D. Power
Parker
Lexus
Toyota
Kia
Hyundai Motor Co
Hyundai
Ford
Annette Clayton
Clayton
Deborah Coleman
Ashland to exit refining with MAP sale to Marathon Oil
Ashland Inc shareholders approved selling its 38 percent MAP stake to Marathon Oil for about 3.7 billion in cash and stock, clearing the final hurdle to exit the refining and marketing business after 82 years. The deal closes soon as MAP becomes wholly owned by Marathon Oil.
MENTIONED IN THIS ARTICLE
Louisville
Ashland Inc
Marathon Ashland Petroleum LLC
Marathon Oil Corp
James J. O’brien
Ashland
MAP
Marathon
O’brien
Kentucky
Marathon Oil
Covington
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THE
Associated Press
Sealy, Simmons, Stearns & Foster
Hotel Collection
Golden Pride
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St. Lawrence
Macy's
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Princ
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Warran Larranties
Peachtree Rd
Atlanta
Uwe
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Easton & Polaris
Orderin
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NYSE
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AMD
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DSW Incn
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