Asian shares were mostly higher Monday with S.Korean shares helped by upbeat economics.Bank failures in US exceed 100 for this year, most closings since 1992.China's September coal imports increase 7% from August as economy recoversOil prices slipped to near $80 a barrel in AsiaDollar falls versus Euro as recovery signs, stock gains sap safety demand.Japan to punish BNP Paribas's unit over convertible bond, share price manipulation.Japan's PM Hatoyama says recovery 'unpredictable,’ unemployment may worsen.S Korea's Q3 GDP rises 2.9% - fastest quarterly pace in more than seven years.SEC considering filing securities fraud charges against ICAP's US subsidiary.[More...]

Yesterday, MeadWestvaco Corp. (MWV) executed a Memorandum of Understanding (MOU) to form a strategic alliance with Albemarle Corporation (ALB) to supply activated carbon products in the U.S. This alliance will serve the emerging mercury removal market for the coal-fired power industry. Unlike other U.S. activated carbon producers, which make their sorbents from coal or lignite, MeadWestvaco [...]

(MWV) MeadWestvaco Forms Strategic Alliance With Albemarle

In a week that saw major US indexes fall to fresh multi year lows, there is a group of investors who still remain optimistic. No, this is not a scam touting penny stocks that would bring instant riches. It’s also not a post about some computerized technical analysis program that will turn stones into diamonds. The strategy is called dividend growth investing, and it is the fundamental way of picking shareholder friendly stocks, which reward their owners with an increasing stream of dividend income. Some of the best dividend stocks are included in the Dividend Aristocrats index, which[More...]

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