By Inyoung Hwang - Nov 19, 2011 5:50 AM GMT+0700
Shares of the following companies may have unusual moves in U.S. trading on Nov. 21. Stock symbols are in parentheses, and prices are as of 5 p.m. in New York.
American Apparel Inc. (APP) : The Los Angeles-based owner young-adult retail chain said that Tom Casey, who was appointed as acting president in October 2010 to improve the company’s operations and finances, has resigned.
American Equity Investment Life Holding Co. (AEL US): The board of the underwriter of annuity and insurance products boosted its annual dividend to 12 cents a share from 10 cents and authorized a buyback of as many as 10 million shares over the next two years.
Hecla Mining Co. (HL) climbed 0.5 percent to $6. The precious-metals miner said work at the Lucky Friday mine has been halted after an accident hospitalized two contractors.
Level 3 Communications Inc. (LVLT) declined 1.5 percent to $19.04. The broadband-services provider filed to sell 50.5 million shares of stock from holder Temasek Holdings Ltd.
To contact the reporter on this story: Inyoung Hwang in New York at ihwang7@bloomberg.net.
To contact the editor responsible for this story: Nick Baker at nbaker7@bloomberg.net.
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