Biggest Dividend

posted by Yahoo! News Search Results for dividends on Aug 29

The addition of 6-foot-3 senior Andrea Rademacher continued to pay big dividends for the Borden volleyball team on Thursday.

posted by Yahoo! News Search Results for dividends on Aug 29

HELSINKI, Aug 29 (Reuters) - Finnish chemicals firm Kemira plans to give most of paint unit Tikkurila to current shareholders via a dividend when it lists the unit in 2009, its chairman was quoted as saying on Friday.

posted by Yahoo! News Search Results for dividends on Aug 29

HELSINKI, Aug 29 (Reuters) - Finnish chemicals firm Kemira plans to give most of paint unit Tikkurila to current shareholders via a dividend when it lists the unit in 2009, its chairman was quoted as saying on Friday.

posted by Yahoo! News Search Results for dividends on Aug 29

Pence's adjustments paying dividends

posted by Yahoo! News Search Results for dividends on Aug 28

SYDNEY, Aug 29 (Reuters) - Allco Finance Group Ltd , a troubled Australian investment fund, reported a full year loss of A$1.73 billion ($1.5 billion) on Friday, and said it would sell assets and scrap dividends.

posted by Jui Chakravorty on Aug 28

Forbes Magazine has released its list of the 100 most powerful women in the world today. Making the ranks?

Queens.

Presidents.

And a number of women in finance. Women at banks. Women at the core of dealmaking.

Ranking #2 on the list is Sheila Bair: the head of the embattled FDIC, who has been trying to reassure an edgy American public that the country’s financial institutions are sound even as six banks have failed this year. Bair’s domain is the last stop for capital-starved banks (and their insured customers) before going under.

Coming in at #8 is Ho Ching, chief executive of Temasek Holdings — Singapore’s $130 billion soveriegn wealth fund. Ching has been credited with converting Temasek from a Singapore-focused firm to a leading investor in Asia. The fund is a top investor in Merrill Lynch, having bought a 15-percent stake in the wake of the bank’s write-downs.

In at #11 is Gail Kelly, who took over Westpac, Australia’s third-largest bank, last February. Kelly sparked controversy last May when she announced plans to merge the $37 billion bank with her former employer, St. George Bank. Government regulators spent three months scrutinizing the deal before giving it the green light in August.

#42 — Jane Mendillo, president and CEO of Harvard Management Co. The former chief investment officer for Wellesley College took over Harvard University’s $35 billion endowment in July. She follows in the footsteps of star managers including Mohammed El-Erian, who left Harvard for PIMCO last year.

At # 48 is Amy Woods Brinkley, Global risk executive, Bank of America.  It’s not the easiest time to be in risk management and Brinkley has been tested this year as her bank and its competitors deal with the worldwide credit crisis.

# 53 is held by Dominique Senequier, head of AXA Private Equity, the investment buyout arm of French insurer AXA Group. With $27 billion of assets under her watch, Senequier makes direct investments in companies and sprinkles capital among various AXA funds of funds that invest in other private equity vehicles.

Sallie Krawcheck, chairman and chief executive, Global Wealth Management, Citigroup, made the list at #64. Krawcheck heads the world’s second-largest wealth manager and runs $2 trillion in client assets.

Also on the list is Beth Brooke (#79), global vice chairman, Ernst & Young. Brooke oversees public policy and investor engagement for the accounting giant.

At #89 is Maha Al-Ghunaim, chairman, managing director, Global Investment House.  With a $5 billion market capitalization, Global Investment House is now the largest non-government-owned investment bank in the Middle East. It manages 38 funds, ranging from Islamic funds to hedge funds, and totals $9.5 billion in assets.

Other interesting names include Sharon Allen - Chair, Deloitte; Jing Ulrich - chairman and managing director JP Morgan Chase China Equities; Ellen Alemany - CEO of Royal Bank of Scotland Americas and Clara Fuse - CEO of the London Stock Exchange.

Conspicuously absent from the list? Former Morgan Stanley President Zoe Cruz, who ranked on the list last year but was ousted from her job in November and Credit Suisse banker Erin Callan, who was briefly Lehman Brothers’ chief financial officer until being demoted and subsequently leaving the firm earlier this year.

posted by Yahoo! News Search Results for dividends on Aug 28

The Canadian Press August 28, 2008 - 5:35 p.m. Arbor Memorial Services Inc. (TSX:): Three months ended July 31, 2008, $5,735,000, $0.54 a share; 2007, $4,222,000, $0.40 a basic share. Revenue: 2008, $62,020,000; 2007, $57,100,000.

posted by Yahoo! News Search Results for dividends on Aug 28

New Zealand Oil and Gas is rewarding shareholders with an extra 5c final dividend after posting a bumper $97 million annual profit on the back of its huge success from the offshore Tui oil field.

posted by Megan Davies on Aug 28

Mitt Romney left private equity firm Bain Capital nearly a decade ago. But if the former Massachusetts Gov. is chosen as McCain’s running mate it could push the industry back into the public spotlight anyway. Romney left the firm in 1999 to take over the Salt Lake City Winter Olympics, but he built his reputation — and his fortune — during his 15 years at the buyout firm.

Michael Holland, chairman of private investment firm Holland & Co and a former partner at rival buyout firm Blackstone thinks it would only be good news if Romney is picked.

“The facts are pretty straightforward — he was successful there (at Bain). The businesses they invested in were successful. Taken on the face of it, if you don’t have any political ax to grind in this, it is probably something that should be at least somewhat favorable for the (private equity) industry.

But private equity shouldn’t expect any political favors, Holland says.

“I think he’d do nothing to have any outside effect on the industry, he’s much too smart to do anything that would put him in any position of favoring the industry,” he said.

The industry wouldn’t argue with a better image, at the very least. Lavish spending by certain buyout kings during the go-go-years of 2005-7 and a spate of deals collapsing didn’t do the industry any favors.

posted by Paritosh Bansal on Aug 28

Richard Bove is really hammering home a point about Lehman Brothers: The investment bank has big problems that it better deal with it soon.

The Ladenburg Thalmann analyst put out a new research note — the second such note in a week –saying Lehman’s management will have to address its issues rather than just “toughing it out,” or it could face a hostile takeover bid.

What does the investment bank need to do? Says Bove: Lehman must more aggressively write down some of its real estate portfolio and hedge fund investments, raise new capital and rebuild relationships with key employees hurt by the stock’s nosedive.

“I repeat, that if Lehman does not take these actions it is likely that an outsider will do this for the firm through a hostile takeover,” Bove said.

There is good reason to hear the man out. He’s been right before. He was one of the first banking analysts to recommend selling financial stocks as credit market problems began last year.

Lehman is looking at cutting some 1,200 jobs in its latest round of cost cutting, a source said. Bove said that announcement will likely be the first in a series that may be made in the next 10 days.

 ”This saga is not likely to continue much longer,” Bove wrote. But he added that he believed the result will be a “positive one,” keeping his “buy” rating on the stock.

(Photo credit: Reuters)