Neuralstem Inc., of Rockville, which develops products to treat central nervous system disorders with patented stem cell technology, announced the closing of a $20 million registered direct placement of approximately 6.87 million shares of common stock at a price of $2.91 per share.

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Neuralstem Inc. said it will sell more than 6.75 million shares of common stock, priced at $2.91 per share, to certain institutional investors in a registered direct placement, with anticipated gross proceeds of approximately $19.65 million.

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WASHINGTON — The Federal Reserve on Wednesday sent its strongest signal of confidence in the U.S. economy since the Great Recession, deciding that the nation’s economic prospects are finally bright enough to withstand a slight pullback in stimulus spending. Yet ...

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DETROIT — The U.S. government ended up losing $10.5 billion on the General Motors bailout, but it says the alternative would have been far worse. The Treasury Department sold its final shares of the Detroit auto giant on Monday, recovering ...

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NEW YORK — Shares of Twitter went on sale to the public for the first time Thursday, instantly leaping more than 70 percent above their offering price in a dazzling debut that exceeded even Wall Street’s lofty hopes for the ...

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NEW YORK — Twitter faces skepticism from potential investors and the broader public ahead of its initial public offering, according to an Associated Press-CNBC poll released Monday. Some 36 percent of Americans say buying stock in the 7-year-old short messaging ...

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NEW YORK — The stock market hit an all-time high Thursday as investors put the government shutdown and debt ceiling crisis behind them and focused on corporate earnings. The Standard & Poor’s 500 index rose 11.61 points, or 0.7 percent, ...

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NEW YORK — The stock market fell in early trading Thursday, dragged down by disappointing earnings from IBM and other major U.S. companies. The weak corporate results were more than enough to offset the positive news that Congress raised the ...

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REDMOND, Wash. — Microsoft said Tuesday that its board approved a 22 percent increase in the company’s quarterly dividend to 28 cents along with a new $40 billion stock buyback program. The new dividend represents an increase of 5 cents ...

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NEW YORK — Safeway adopted a plan to prevent a hostile takeover after learning of a significant accumulation of its stock by an unknown investor. The announcement Tuesday sent shares of the grocer spiking 8 percent to a five-year high. ...

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