Biggest Dividend

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

On October 28, 2009, Union Gas Limited declared the following quarterly dividends:

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

HAMILTON, Bermuda----Aspen Insurance Holdings Limited today announced that its Board of Directors declared a quarterly cash dividend on its ordinary shares of US$0.15 per ordinary share.

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

Northwestern Mutual Life Insurance Co. said Wednesday it has approved $4.7 billion in dividends for its policy owners in 2010, the second-largest payout in company history. The total is $200 million more than in 2009, and represents a dividend interest rate of 6.15% on unborrowed funds of most life insurance policies. That is a slight decrease from 6.5% this year. "At the end of a 12-month ...

posted by Quentin Webb on Oct 28

Societe Generale’s asset allocation team reckons cash-rich corporates are going to start ploughing money into deals as the economy recovers, and that spells a brighter future for stocks than bonds. The graph above is lifted from a note published earlier this week, in which the French bank shows how equities tend to outperform bonds as M&A becomes proportionally more important (they measure it as a percentage of GDP).

The Paris- and London-based team adds:

“Beyond share buybacks, we believe three main factors will trigger a strong M&A cycle: equities are still cheap versus bonds, productivity gains should continue to be a priority for corporates and the primary credit market has reopened, with access to cheap financing. Furthermore, higher industrial concentration leads to stronger pricing power.”

“M&A is currently a massive source of alpha for stock pickers as control premiums are above 40% in the U.S. and above 25% in Europe.”

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

CAYCE, S.C.----SCANA Corporation announced that its board of directors, at a meeting held today, declared a regular dividend of 47 cents per share on the Company’s common stock for the quarter ending December 31, 2009.

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

The Board of Trustees of The Northwestern Mutual Life Insurance Company has approved a dividend payout of more than $4.7 billion for participating policyowners for the year 2010, an increase of $200 million over its 2009 payout.

posted by Chris Kaufman on Oct 28

Whatever reservations Ford may have had about selling Volvo to Geely and potentially exposing all of its competitive secrets to pirate-infested Chinese markets, they appear to have been laid to rest … for now.

The U.S. automaker named a Geely-led consortium as preferred bidder for the money-losing Swedish unit, estimated to be worth about $2 billion. The news is conspicuously coincidental — as many such stories are — with intensely routine negotiations in Hangzhou between top trade officials of the two countries. Naturally, Ford left open the possibility that it could back out of the deal, saying more detailed talks were needed.

It’s been nearly a year since Ford began efforts to sell Volvo, and only a week ago a source was telling us that concerns about intellectual property rights were threatening to scupper the deal. That followed news of a former Ford engineer’s arrest in the United States on charges of stealing trade secrets from Ford and using them to try to get work with Chinese auto makers. Good thing Volvo is such a safe brand; even with a preferred bidder in place, this asset sale could prove to be a wild ride.

posted by Steve Slater on Oct 28

Japan’s Monex Group will buy the securities unit of Orix Corp for about $246 million in stock, in a deal that will create the country’s second-largest online broker.

By forming a broker with more than $23 billion in client assets they will be able to cut systems and other costs and beef up product and service line-ups, they said.

In other M&A news reported by Reuters and other media:

Speculation about a possible takeover of UK retailer Debenhams was raised after private equity firm TPG sells its 9 percent stake, the FT says.

Matalan, another UK retailer, is being circled by KKR, Blackstone, Cinven and TPG, the FT adds.

GSI Commerce agrees to buy e-commerce company Retail Convergence for $180 million in cash and stock, to strengthen its online sales platform.

Liechtenstein-based LGT Bank would be interested in BHF Bank, a unit of Sal. Oppenheim, were it to be put up for sale, an executive at LGT tells German daily Handelsblatt.

Deutsche Boerse is the frontrunner to the Warsaw Bourse, the WSJ says.

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

FIELD HOCKEY

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

Individually, Blake Wheeler, Vladimir Sobotka and Daniel Paille had their reasons for being disappointed by the start of the 2009-2010 season. Teamed for the first time in Saturday’s victory at Ottawa, the Paille-Sobotka-Wheeler combination scored an important goal.