N-Flex LLC will provide more information to the North Dakota Industrial Commission, which ordered more details as it considers whether to put $1 million into the company’s system to make anhydrous ammonia fertilizer from a series of mobile natural gas-to-fertilizer plants in the state.
Facebook's stock has plunged after the IPO. It fell $1.09, or 3.2 percent, to $32.94 in late morning trading Tuesday, after dropping as low as $30.98 earlier in the day. The latest price is 13 percent below the IPO price of $38 and values the company at about $91 billion.
Barbara Ortutay and Pallavi Gogoi
, May 22, 2012
The Dow Jones industrial average rose 66.22 points to close at 13,212.04. The Standard & Poor's 500 index rose 5.19 points to close at 1,408.47. The Nasdaq composite barely moved, falling 3.79 points to close at 3,091.57.
Falling commodity prices punished materials and energy companies Wednesday, pushing Wall Street's major stock indexes to a lower close. Crude oil lost nearly $2 to $105 a barrel, hurting energy stocks. Peabody Energy fell 3.4 percent, Chevron 1.1 percent and Exxon 0.9 percent.
The Dow Jones industrial average closed down 4 points, or 0. percent, at 13,12 on Wednesday. The Standard & Poor's 500 index closed down 3, or 0.2 percent, at 1,403. The Nasdaq composite average closed up 1 at 3,075.
After amassing a huge cash hoard, Apple Inc. is finally acknowledging that it doesn't need all that money, saying today that it will start paying some of it out to shareholders in the form of a dividend and share buyback program.
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