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Article: The Adams Express Company Reports Outperformance for Third Quarter.(Financial report)
- Article from:
- Investment Weekly News
- Article date:
- October 24, 2009
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The Adams Express Company (NYSE:ADX) announced that its performance for the nine-month period ended September 30, 2009 continues to top its benchmarks. The total return on net asset value, with dividends and capital gains reinvested, was 22.9%. Comparable figures for the Standard & Poor's 500 Composite Stock Index ("S&P 500") and the Lipper Large-Cap Core Mutual Fund Average were 19.3% and 20.4%, respectively. The total return on Adams Express' market value was an even better 23.9%.
For the twelve months ended September 30, 2009, the total return on Adams ...