Archive for November, 2008

posted by Yahoo! News Search Results for dividends on Nov 27

posted by Yahoo! News Search Results for dividends on Nov 27

BC-PETS-TALKINGDOGS:MO -- lifestyle (600 words) Training pays big dividends By Lisa Moore McClatchy Newspapers (MCT) So much of dog training is about control. We teach our dogs to control their urges to lunge, and instead walk on a loose leash.

posted by Yahoo! News Search Results for dividends on Nov 26

Nov. 26 (Bloomberg) -- Stock dividends are disappearing at the fastest rate in 50 years as the worsening recession forces U.S. companies to conserve cash.

posted by Yahoo! News Search Results for dividends on Nov 26

TORONTO - Canadian earnings declared Wednesday as of 4 p.m. ET:AltaCanada Energy Corp. (TSXV:ANG): Three months ended Sept. 30, 2008, net

posted by Yahoo! News Search Results for dividends on Nov 26

Nov. 26 (Bloomberg) -- Stock dividends are disappearing at the fastest rate in 50 years as the worsening recession forces U.S. companies to conserve cash.

posted by Yahoo! News Search Results for dividends on Nov 26

PRINCETON, N.J.----NRG Energy, Inc. today announced the following preferred stock dividends, payable on December 15, 2008, to holders of record of its preferred stock as of December 1, 2008: A $10 per share cash dividend on its 4% Convertible Perpetual Preferred Stock issued in December 2004; and A $3.59375 per share cash dividend on its 5.75% Mandatory Convertible Preferred Stock issued in ...

posted by Paritosh Bansal on Nov 26

LandAmerica’s experience is the latest example of how dismal the M&A market has become in financial services as potential suitors worry about buying someone else’s troubles.

The title insurer, weakened by the U.S. housing slump, started its search for a buyer some two months ago.

But despite hiring JPMorgan and Wachtell Lipton, setting up a data room and approaching a range of potential suitors - a large shareholder, rivals and private equity firms - it could not survive.

The unidentified shareholder, whom the company initially approached for a capital injection or acquisition, was uncomfortable with its potential liquidity needs.

Fidelity National ultimately emerged as the only suitor able to complete a deal quickly and a merger agreement was announced on Nov. 7. But within two weeks Fidelity wanted to back out as well.

Fidelity reached a new deal to buy the insurer’s largest underwriting businesses, while LandAmerica filed for Chapter 11 bankruptcy protection.

Fidelity agreed to pay a combined $298 million for the units. It had agreed to buy all of the company for about $126 million in stock earlier this month.

(Photo credit: Robert Galbraith, Reuters)

posted by Yahoo! News Search Results for dividends on Nov 26

Nov. 26 (Bloomberg) -- Stock dividends are disappearing at the fastest rate in 50 years as the worsening recession forces U.S. companies to conserve cash.

posted by Yahoo! News Search Results for dividends on Nov 26

The Board of Directors of BNS Split Corp. II has declared today dividends of $0.2214 per Preferred Share and $0.1150 per Capital Share, payable on December 22, 2008 to holders of record at the close of business on December 15, 2008.

posted by Yahoo! News Search Results for dividends on Nov 26

Nov. 26 (Bloomberg) -- Mitchells & Butlers Plc , the owner of about 2,000 U.K. pubs, is suspending dividend payments to reduce debt after sales slowed in the past two months.