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Corvex Issues Letter, Presentation to Crown Castle Holders, Urges Dividend Raise, Reduction in Cost of Capital
2014 Oct 14, 8:05amCorvex Management LP, which manages investment funds that own beneficially or economically approximately 12.6 million shares and share equivalents of Crown Castle International Corp. (NYSE: CCI) ("Crown Castle") representing economic exposure of approximately $1 billion, today released a letter...
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Stocks To Watch For October 8, 2014
2014 Oct 08, 4:07am
Some of the stocks that may grab investor focus today are: Wall Street expects Alcoa (NYSE: AA) to post its Q3 earnings at $0.23 per share on revenue of $5.85 billion. Alcoa shares rose 0.50% to $16.03 in after-hours trading. Yum! Brands (NYSE: YUM) reported weak third-quarter results and lowered...
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Ubiquiti Networks Announces Dividend Policy, First Dividend Of $0.17 To Be Paid 10/28/2014 TO Holders By 10/17/2014
2014 Sep 30, 4:09pmUbiquiti Networks, Inc. (Nasdaq: UBNT), a next-generation communications technology company, today announced that as part of the Company's long-term strategy to maximize shareholder value and broaden its shareholder base, the Board of Directors has approved the initiation of a new dividend policy (...
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U.S. Stocks Turn Higher; Move Shares Jump On Acquisition News
2014 Sep 30, 1:50pm
Midway through trading Tuesday, the Dow traded up 0.26 percent to 17,115.34 while the NASDAQ surged 0.13 percent to 4,511.54. The S&P also rose, gaining 0.08 percent to 1,979.34. Leading and Lagging Sectors Utilities shares rose by 0.61 percent on Tuesday. Top gainers in the sector...
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Wolseley Posts Rise In FY14 Profit, Lifts Dividend
2014 Sep 30, 5:36amWolseley PLC (OTC: WOSYY) reported a gain in its fiscal year 2014 profit and announced its palns to lift its dividend by a quarter. It also announced a £250 million ($409.5 million) share buyback programme. Wolseley posted a net profit of GBP504 million for the year, versus a year-ago profit of...
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Stocks To Watch For September 19, 2014
2014 Sep 19, 4:01am
Some of the stocks that may grab investor focus today are: Oracle (NYSE: ORCL) reported downbeat fiscal first-quarter results and unexpectedly shuffled its top management. Founder Lawrence J. Ellison stepped aside as CEO and will serve as company's chairman, while presidents Safra A. Catz and Mark...
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Sanderson Farms, Inc. Announces Increase In Quarterly Dividend To $0.22 And Payment Of Special Dividend Of $0.50
2014 Sep 18, 12:34pmSanderson Farms, Inc. (NASDAQ: SAFM) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.22 (twenty-two cents) per share. This represents a new annual dividend rate of $0.88 (eighty-eight cents) per share. The Board has also authorized a special cash...
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JD Sports Posts Rise In H1 Profit, Raises Dividend
2014 Sep 17, 5:08amJD Sports Fashion PLC reported a strong rise in its pretax profit for the first six months of the year and lifted its interim dividend by 3%. JD Sports posted a pretax profit of 16.5 million pounds ($26.7 million), versus a year-ago profit of GBP6.1 million. However, profit before tax and...
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Citi: Microsoft Corporation Expected To Boost Dividend 25% This Month
2014 Sep 16, 1:18pmMicrosoft Corporation (NASDAQ: MSFT) will soon start playing catch-up with other large-cap tech companies in the rate at which it returns capital to shareholders in the form of dividends and buybacks, an analyst said Tuesday. Citi's Walter H. Pritchard expects the company to boost its...
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Dollarama Posts Rise In Q2 Profit
2014 Sep 11, 8:39amCanadian company Dollarama (OTC: DLMAF) reported a 15% gain in its second-quarter profit. Dollarama's quarterly net income surged to C$68.9 million ($62.6 million), or C$1.03 per share, versus a year-ago profit of C$59.8 million, or 82 Canadian cents per share. Analysts were expecting earnings of C...
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Philip Morris International Inc. Increases Dividend By 6.4% To $1.00 Per Share; Announces Board Elections
2014 Sep 10, 4:23amThe Board of Directors of Philip Morris International Inc. (NYSE/Euronext Paris: PM), today increased the company's regular quarterly dividend by 6.4% to an annualized rate of $4.00 per share. The new quarterly dividend of $1.00 per share, up from $0.94 per share, is payable on October 10, 2014, to...
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Flexsteel Increases Dividend To $0.18 From $0.15
2014 Sep 09, 4:53pmFlexsteel Industries, Inc. (NASDAQ: FLXS) ... The Board of Directors of Flexsteel Industries, Inc. approved a 20% increase in the Company's quarterly dividend by declaring $0.18 per share dividend payable October 3, 2014 to shareholders of record as of September 19, 2014. This is the fourth...
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Bernstein Says Yahoo! Inc. Likely To Extend Gains On Alibaba IPO
2014 Sep 08, 11:41amYahoo! Inc. (NASDAQ: YHOO) shares are likely to continue an upward tick over the next few days or weeks on expectation of gains from its holdings in Alibaba Group Holding, an analyst said Monday. Yahoo traded up 2.6 percent in Monday's morning session. Yahoo holds a 23 percent stake in...
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Atrion Corporation Increases Quarterly Cash Dividend by 17% To $0.75/Share
2014 Sep 03, 4:30pmAtrion Corporation (NASDAQ: ATRI) today announced an increase in its quarterly cash dividend from 64 cents per share to 75 cents per share. Specifically, the Board of Directors declared a quarterly dividend of 75 cents per share on its outstanding shares of Common Stock. This dividend will be...
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IXYS Increases Quarterly Cash Dividend
2014 Aug 29, 8:30amIXYS Corporation (NASDAQ: IXYS) announced that its Board of Directors has declared a quarterly cash dividend on its common stock of three and one-half cents ($0.035) per share. The quarterly dividend will be paid on September 26, 2014 to stockholders of record on September 12, 2014.
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