posted by Yahoo! News Search Results for dividends on Aug 31
August 24, 2009 (SmartPros) The Democratic healthcare reform bill currently moving through the U.S. House of Representatives would apply a new surtax of up to 5.4% on wealthy individuals and business owners. But that's not the whole story.Archive for August, 2009
posted by Yahoo! News Search Results for dividends on Aug 31
r-restated, b-includes discontinued operations, c-income, d-loss, e-excludes gain on sale of discontinued operations, g-amounts in Canadian dollars, x-adjusted for stock dividends. Amounts in thousands except per share.posted by Yahoo! News Search Results for dividends on Aug 31
Being successful singles tennis players, Burroughs High’s Trevor Campbell and Robert Henry are used to doing things on their own. Not having to rely on someone else on the court has taught them to be completely self-sufficient.posted by Yahoo! News Search Results for dividends on Aug 31
Kampala — Stanbic Bank's net profit grew by 39.6% to sh46b in the first six months to June 2009, up from sh33.5b. The growth was driven by solid growth in loan book, fees and trading income, the un-audited financial results have shown.posted by Yahoo! News Search Results for dividends on Aug 31
Moats are great. Dividends are great. Both in one stock? Even better.posted by Chris Kaufman on Aug 31
Walt Disney’s $4 billion offer for Marvel Entertainment would give it more than 5,000 comic book characters, including such mighty heroes as Iron Man, Spider-Man, and the Fantastic Four. Disney’s Bob Eiger told CNBC that the expanded roster will help bring more boys to the home of the Magic Kingdom, where Snow White, Cinderella and the Little Mermaid have long reigned supreme.
The cash and stock deal values Marvel at $50 per share, or a premium of 29 percent to Marvel’s closing stock price of $38.65 on Friday. The deal has been approved by the boards of both companies, and since Marvel’s CEO, Isaac Perlmutter, is also the largest shareholder of the company, it’s likely a done deal.
Marvel’s second quarter was a mighty one. It beat market estimates on strong DVD and pay TV sales of “Iron Man,” sending its shares to an all-time high. This year has been a lull for Marvel, with no new film releases due until 2010, when Iron Man 2 hits screens. Thor and the first Avenger movie, as well as Sony-produced “Spider-Man 4,” are slated for a 2011 release and an “Avengers” sequel is due in 2012.
Is this a game changer for Disney’s foes? Marvel rival DC Comics, with its stable of Batman, Watchmen and other, darker comic champions, is already a part of Time Warner. For the fantastic leap comic books have made to the big screen, this could be the last hurrah.
posted by Yahoo! News Search Results for dividends on Aug 31
r-restated, b-includes discontinued operations, c-income, d-loss, e-excludes gain on sale of discontinued operations, g-amounts in Canadian dollars, x-adjusted for stock dividends. Amounts in thousands except per share.posted by Yahoo! News Search Results for dividends on Aug 31
When companies decide to share a portion of their earnings with their shareholders, it is a sign of prudent fiscal discipline. Shareholders who are rewarded on a timely basis in the form of dividend payments are less likely to sell their holdings, even during a steep market correction. However, when companies decide to raise their distributions they exert strong confidence in their near-term ...posted by Chris Kaufman on Aug 31
If the bottom of the cycle has arrived for the oil and gas services business, then Baker Hughes‘ $5.5 billion stock-and-cash deal to buy smaller rival BJ Services may well be the beginning of a broad consolidation in the industry.
The premium is hardly as juicy as one might expect at 16 percent, given the deal seems such a perfect fit. BJ has a network of faster-growing international operations, while Baker is mostly focused on the big U.S. market. Plus, BJ has attractive high-pressure pumping technology.
But a look at the state of the market shows the urge to merge will probably keep pressure on premiums. Natgas futures are at seven-year lows on soaring inventories and sinking demand, weather forecasters see a mild winter ahead, and economic green shoots are still only at the sprout stage. Just this morning, OPEC voiced concern about rising oil stocks, hinting ominously that it may have to do something about that.
The deal effectively values BJ at $17.94 per share. Just over a year ago, the stock was selling for $34.90. As early as this spring, analysts at Citi and Goldman were issuing upbeat reports about prospects for oil services, anticipating an economic recovery would have a naturally incendiary effect on energy-related businesses. If a recovery is around the corner, BJ could be going for a song.
posted by Yahoo! News Search Results for dividends on Aug 31
Daily Herald Staff Report ROANOKE RAPIDS — Tourism is big bucks in Halifax County and the county’s campaign to bring more visitors to the region is paying high dividends and attracting a lot of attention.
