December 2, 2008
U.S. stocks rise on hopes election brings gridlock
U.S. stocks rallied on Tuesday, pushing the Dow Jones industrial average to a fresh all-time high as investors bet midterm elections would leave Congress gridlocked, maintaining the status quo for doing business.
Jet engine manufacturer Heico Corp. said Tuesday it will pay a regular semiannual dividend of 5 cents a share. The dividend is payable on Jan. 23, 2008 to shareholders who hold either of its two classes of common stocks on January 9, 2008.
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