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Stock Market & Financial Investment News

News Breaks
January 28, 2013
09:37 EDTPEO, ADXAdams Express, Petroleum & Resources name Mark Stoeckle As CEO
The Boards of Directors of The Adams Express Company (ADX) and Petroleum & Resources Corporation (PEO) named Mark Stoeckle as Chief Executive Officer for the Funds, succeeding long-time CEO Douglas Ober, who previously announced plans to retire this year. Stoeckle comes to the Funds from the global investment management firm BNP Paribas Investment Partners, where he has served since 2004 as Chief Investment Officer, U.S. Equities and Global Sector Funds.
News For ADX;PEO From The Last 14 Days
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December 11, 2014
16:04 EDTPEOPetroleum & Resources extends share repurchase program to up to 5% of shares
Petroleum & Resources voted to extend the Fund's share repurchase program and has authorized the Fund to repurchase up to 5% of its outstanding shares of common stock, approximately 1,332,000 shares.
16:02 EDTADXAdams Express extends share repurchase program to up to 5% of outstanding shares
Adams Express voted to extend the Fund's share repurchase program and has authorized the Fund to repurchase up to 5% of its outstanding shares of common stock, approximately 4,667,000 shares.

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