The bus that crashed on a Southern California mountain highway, leaving seven dead and dozens injured, had a history of brake and other maintenance problems. It recorded 22 safety violations in five inspections between 2011 and 2012.
Members of Cambodia’s royal family scatter ashes of the late King Norodom Sihanouk on a river in front of the Royal Palace. Rough Cut (no reporter narration).
The World Food Programme says the delivery of food relief to the northern regions of Mali is back to normal, as the security situation improves. Sarah Charlton reports.
South Korea releases video taken by a camera fixed to the second stage of its rocket which was launched on January 30. Rough Cut (no reporter narration).
The tour bus that crashed in Southern Calif. on Sunday, killing seven and injuring dozens, had a history of brake and other problems, according to government records. An NTSB investigator briefed reporters on the crash late Monday.
United States Steel Corporation (X) maintained its quarterly dividend of 5 cents per share. The dividend is payable March 8, 2013, to stockholders of record at the close of business February 12, 2013.
Timken (TKR) was upgraded by Bank of America/Merrill Lynch (BAC) to buy as the company is well run and should do better as the economy recovers. Shares are higher by about four tenths of a percent.
As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy — they expect to make money. So let’s look at two noteworthy recent insider buys.
Columbia Sportswear (COLM) was downgraded by Citigroup (C) from neutral to sell with a price target of $45 due to several negative catalysts in the pipeline, as well as a changing environment. Shares are lower by about 3.5 percent.
Stocks sold off today after topping that psychologically important 14,000 level for the first time in almost 6 years. Today it was renewed worries over political uncertainty in Italy and Spain.