Archive for April, 2009

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

The Hershey Co. today declared quarterly dividends of 30 cents per share of it common stock and 27 cents per share of class B common Stock.

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

HERSHEY, Pa.----The Board of Directors of The Hershey Company today declared quarterly dividends of $0.2975 on the Common Stock and $0.2678 on the Class B Common Stock. The dividends are payable June 15, 2009, to stockholders of record May 25, 2009.

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

WESTFIELD, Mass.----Westfield Financial, Inc. , the holding company for Westfield Bank , reported net income of $1.2 million for the quarter ended March 31, 2009, compared to $1.9 million for the same period in 2008.

posted by Chris Kaufman on Apr 29

USA/Chrysler’s biggest lenders and the U.S. government reached a breakthrough framework deal to cut the automaker’s debt by $6.9 billion, but officials say bankruptcy is still a strong possibility with the Obama administration’s Thursday deadline for a comprehensive rescue plan just hours away.

Fiat Chief Executive Sergio Marchionne was quoted by the president of the Canadian Auto Workers union as saying Chrysler would likely enter Chapter 11 bankruptcy for a period of time. But Michigan Senator Carl Levin said, “If they do go into bankruptcy, it would really be in and out.” A source with senior-level knowledge of the restructuring told us that a surgical bankruptcy could be a way, for instance, to address “recalcitrant” lenders.

With Germany’s Daimler AG dumping its 19.9 percent stake in Chrysler and Italy’s Fiat poised to “eventually” own more than a third of the company, European know-how and innovation have never been more important for the U.S. auto industry.

Deals of the Day:

* British education and training company BPP Holdings said it had received a preliminary approach from Apollo Global at 620 pence per share in cash. The approach was at a 70 percent premium to BPP’s closing price on Tuesday valued BPP at 303.5 million pounds ($447 million).

* Australian iron ore miner Fortescue Metals has completed approvals for its equity tie-up with China’s Hunan Valin Iron and Steel Group, the company said.

* Russia’s Aeroflot may agree to buy 49 percent of troubled German airline Blue Wings, Russian Transport Minister Igor Levitin, who is also Aeroflot’s chairman, told Reuters.

* A merger between Shinsei Bank and Aozora Bank is facing difficulties as they were not able to get consent from their major shareholders, Jiji news agency reported. 

(PHOTO: A Chrysler logo is seen atop a New York City car dealership April 27, 2009. REUTERS/Mike Segar)

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

The Supreme Court en banc has upheld the decision of the Sandiganbayan directing the Philippine Telecommunications Investment Corp. to deliver to the government the dividends, interests and earnings of the 111,415 PTIC shares that were found to be part of the Marcoses’ ill-gotten wealth “and therefore, public money.”

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

MOSCOW, April 29 (Reuters) - Russian grocery store chain Magnit said on Wednesday it was proposing its first-ever dividend to cheer shareholders in a time of financial crisis. "In an unstable market environment, we want to send our shareholders a positive signal and a bit of optimism," Oleg Goncharov, Investor Relations Director of Magnit, told Reuters by telephone. In a statement on Wednesday, ...

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

MOSCOW, April 29 (Reuters) - The board of Russian grocery store chain Magnit has recommended paying a first-ever dividend of 6.22 roubles ($0.185) per common share from its net profit for 2008 and the first quarter of 2009.

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

MEDIA, Pa.----Title Alliance, Ltd. announces paying out $379,162 in RESPA Compliant Dividends to it's ventures in the 1st Quarter of 2009. Since 2000, Title Alliance, Ltd. has paid out over $27 million in RESPA Complaint Dividends.

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

The electric cooperative mailed the checks Friday, but only to those who were members in 1984

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

Digital Realty Trust, Inc. , a leading owner and manager of corporate datacenters and Internet gateways, today announced that its Board of Directors has declared quarterly common and preferred stock dividends for the second quarter of 2009.