posted by Yahoo! News Search Results for dividends on Sep 30
On August 28, 2008, Hecla Mining Company (NYSE:HL) announced that its Board of Directors, by unanimous written consent, had elected to declare the regular quarterly dividend on the outstanding 6.5% Mandatory Convertible Preferred Stock in the amount of $1.625 per share and to pay such dividend in Common Stock of Hecla, for a total amount of approximately $3.27 million in Hecla Common Stock (with ...Archive for September, 2008
posted by Ben Hirschler on Sep 30
Everyone seems to agree the world needs better regulation to prevent a repeat of current turmoil.
But how exactly do you cap greed and stupidity, the driving forces behind today's property boom-and-bust and past examples of "irrational exuberance" like the dot.com bubble?
Craig Barrett, chairman of chipmaker Intel, was not optimistic when he dropped into Reuters offices in London.
"I don't know what regulation we'll get but the issue is that people just got over-heated and over-excited and it's really tough for the government to come in and slap you around and say it's illegal to get over-heated and excited," he said.
"That's trying to regulate greed and stupidity, which are are two tough things to regulate."
posted by Chris Kaufman on Sep 30
A good meltdown never fails to bring out the bargain hunters. With congress celebrating the Jewish New Year, no deal on a bailout package can emerge before tomorrow at the earliest. And yesterday’s setback has sparked plenty of talk that agreement will be harder to achieve than thought over the weekend. Now uncertainty rules the markets and the rolloercoaster is gaining speed. What’s a bargain hunter to do?
In London, shares of HBOS tanked more than 20 percent as talk swirled that Lloyds TSB would seek a lower price for its accepted takeover of the struggling British lender. Lloyds’ shares rose more than 3 percent. The longer it takes, and the more uncertainty that plagues the market, the better the case becomes for buyers of distressed rivals to renegotiate their deals. Buyers looking for better prices can easily point to changing circumstances to make their case.
Overnight, a Delaware chancery court judge ruled against private equity firm Apollo Management, which had been trying to walk away from a deal to buy Huntsman because, claiming Material Adverse Conditions had made its offer for the specialty chemicals group untenable. Maybe they should have, as the judge suggested, appeared more willing to deal.
* Nippon Steel said it will boost its stake in affiliate Topy Industries to up to 20 percent as it aims to expand output of high-grade steel and push realignment in the fragmented construction steel industry.
* Brokerage house Daiwa Securities and loss-making fund management firm Pacific Holdings said global market turmoil had kept them from completing a deal for Daiwa to buy into Pacific Holdings.
* Greece called for expressions of interest from buyers for assets of Olympic Airlines and Pantheon, a holding company set up to replace Olympic.
* Private equity firms Bain Capital and Silver Lake have submitted formal offers for a stake in Huawei Technologies‘ mobile handset unit, sources involved with the matter said, as the auction moves forward despite the global market turmoil.
* The Kazakh unit of AIG said it had no intention of selling its insurance business in the Central Asian state. Kazakhstan’s No.1 insurer Eurasia said it had made a formal offer to buy the Kazakh unit of the U.S. insurance company which was bailed out by the Federal Reserve this month.
posted by Yahoo! News Search Results for dividends on Sep 30
COEUR D'ALENE, Idaho----On August 28, 2008, Hecla Mining Company announced that its Board of Directors, by unanimous written consent, had elected to declare the regular quarterly dividend on the outstanding 6.5% Mandatory Convertible Preferred Stock in the amount of $1.625 per share and to pay such dividend in Common Stock of Hecla, for a total amount of approximately $3.27 million in Hecla ...posted by Yahoo! News Search Results for dividends on Sep 30
These companies have recently raised their dividends.posted by Yahoo! News Search Results for dividends on Sep 30
MOSCOW, Sept 30 (Reuters) - Russian fertiliser company Acron said on Tuesday that its shareholders have approved a dividend payment of 80 roubles ($3.17) per ordinary share for the first six months of 2008.posted by Yahoo! News Search Results for dividends on Sep 30
MOSCOW, Sept 30 (Reuters) - Russian fertiliser company Acron said on Tuesday that its shareholders have approved a dividend payment of 80 roubles ($3.17) per ordinary share for the first six months of 2008.posted by Derek Caney on Sep 30
Other than that, Mrs. Lincoln, did you enjoy the play?
Congress dropped a daisy cutter on the market yesterday, rejecting the $700 billion financial rescue plan and sending the stock market spiraling to its biggest one-day loss in history. But stock futures were up more than 2 percent in premarket trading.
Pundits overnight and market watchers today were laboring under the assumption that a package will ultimately reach President Bush’s desk. The process could move to the senate floor, where Treasury Secretary Henry Paulson’s plan has more support. But since House Republicans torpedoed the bill, it could face a tougher process.
In other news, Pfizer plans to drop efforts to develop medicines for heart disease, obesity and bone health as part of its plan to focus on cancer.
posted by Yahoo! News Search Results for dividends on Sep 30
posted by Yahoo! News Search Results for dividends on Sep 30
The board of Temecula Valley Bancorp has voted to suspend regular future quarterly cash dividends on its common stock, effective immediately. A news release said the move, in response to national uncertainty about credit markets, will not affect dividends to be paid in October for the prior quarter.
