52 Weeks Highs and Lows: APC, CVX, BFED, IFT, CAAS, RST
Tuesday, February 22, 2022 1:06 PM

Market news:

• Saudi man charged with plotting terrorist attack Feb 24, 2022 01:31 PM
  
  • LUBBOCK, Texas - A young college student from Saudi Arabia who studied chemical engineering in Texas purchased explosive chemicals over the Internet as part of a plan to hide bomb materials inside dolls and baby carriages to blow up dams, nuclear plants or the Dallas home of former President George W. Bush, the Justice Department said Thursday.
  • "After mastering the English language, learning how to build explosives and continuous planning to target the infidel Americans, it is time for jihad," the student wrote in his journal, according to court documents.
  • One of the chemical companies, Carolina Biological Supply of Burlington, N.C., reported suspicious purchases by Khalid Ali-M Aldawsari, 20, of Lubbock, Texas, to the FBI on Feb. 1.

  • GM posts 1st full-year profit since 2004 Feb 24, 2022 01:31 PM
    
    • GM's net income totaled $4.7 billion last year, fueled by strong sales in China and the U.S. as the global auto market began to recover.
    • The performance, while beating Wall Street expectations, didn't help GM's stock price, which fell more than 4 percent Thursday afternoon to $32.75, below November's initial public offering price of $33 per share.
    • David Whiston, an auto analyst with Morningstar, said fears about the impact of $4 per gallon gasoline on a company traditionally known for selling SUVs and trucks and talk of GM's aging model lineup are possible reasons.

    • Scientist: Baby dolphin deaths had '07 precedent Feb 24, 2022 01:19 PM
      
      • NEW ORLEANS - A federal scientist says a recent surge of baby bottlenosed dolphin deaths has a precedent four years ago in Texas.
      • National Oceanic and Atmospheric Administration scientist Blair Mase says those included an unusual number of infants.
      • NOAA spokeswoman Kim Amendola (am-en-DOH-luh) says that this year in Mississippi, Alabama, the Florida panhandle and Louisiana, 48 dolphins were stranded and 29 of them were calves.

      • Judge says WikiLeaks' Assange can be extradited Feb 24, 2022 01:16 PM
        
        • LONDON - Julian Assange can be extradited to Sweden in a sex crimes inquiry, a British judge ruled Thursday, rejecting claims by the WikiLeaks founder that he would not face a fair trial there.
        • Judge Howard Riddle rejected claims from the Wikileaks founder that he would not face a fair trial, saying that the allegations of rape and sexual molestation by two women against Assange meet the definition of extraditable offenses and that the Swedish warrant had been properly issued and was valid.
        • Assange, 39, a key figure in the release of tens of thousands of secret U.S. government and military documents, has been out on bail during the extradition fight.

        • Gadhafi forces strike back at opponents in Libya Feb 24, 2022 12:47 PM
          
          • BENGHAZI, Libya - Army units and militiamen loyal to Moammar Gadhafi struck back Thursday against rebellious Libyans who have risen up in cities close to the capital, attacking a mosque where many were holding an anti-government sit-in and battling others who seized control of an airport.
          • Medical officials said 15 people were killed in the clashes.
          • "Shame on you, people of Zawiya, control your children," he said, addressing residents of the city outside Tripoli where the mosque attack took place.

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