Adams Express Company
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BALTIMORE, July 10 /PRNewswire-FirstCall/ -- The Board of Directors of The Adams Express Company (NYSE: ADX) today declared a dividend of $.05 per share, payable September 1, 2008, to stockholders of record on August 12, 2008, and announced the Fund's performance for the first half of 2008. Performance For the six months ended June 30th, the total return on Adams Express' net asset value, after adjusting for income dividends and capital gain distributions paid, was -11.9%. Comparable figures for the Standard & Poor's 500 Index and the Lipper Large Cap Core Mutual Fund Average were -11.6% and -11.5%, respectively. The total return on Adams Express' market value, after adjustment, was ...
BALTIMORE, June 19 /PRNewswire-FirstCall/ -- The Adams Express Company (NYSE: ADX) provides an update on summary financial information, returns on net asset value, Top 10 portfolio holdings, and sector weightings as of May 31, 2008: SUMMARY FINANCIAL INFORMATION Year-to-date, the Company's unrealized appreciation on assets is $315,454,544, net investment income is $9,373,151, total realized gain is $28,225,770, and total return, after adjusting for income dividends as well as capital gains distributions paid, was -3.8% on net asset value and -8.0% on market value. Comparable figures for the Standard & Poor's 500 Index and the Lipper Large Cap Core Mutual Fund Average were -3.8% and -4.0%, respectively. The Company had 86,787,598 shares outstanding ...
BALTIMORE--(BUSINESS WIRE)-- Adams Express/Petroleum & Resources (ADX/PEO) announces the following Webcast: What: Closed End Fund Forum Presentation When: June 11, 2008 @ 10:30 AM Eastern Where: http://www.investorcalendar.com/ClientPage.asp?ID=130151 How: Live over the Internet -- Simply log on to the web at the address above. Contact: Geraldine Pare, 410/ 752-5900, pare@adamsexpress.com If you are unable ...
BALTIMORE, May 27 /PRNewswire-FirstCall/ -- Nationally-recognized research analyst Richard A. Church is joining The Adams Express Company (NYSE: ADX) as a technology analyst. Mr. Church was recently ranked as one of the 10 top-performing analysts in this year's "Best on the Street: 2008 Analysts Survey" by The Wall Street Journal (May 19, 2008). He was also ranked first in the Telecommunications Equipment Subcategory. Doug Ober, Chairman and CEO, says "Rich Church is a ...
