Archive for February, 2010

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

Laird hopes new stance pays dividends

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

Laird hopes new stance pays dividends

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

CHISHOLM — Experience sure pays dividends. The Chisholm High School boys basketball team forced a young Ely team into 32 turnovers en route to an 85-66 victory over the Timberwolves at Roels Gymnasium Friday.

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

26 February 2010 Etisalat's board of directors has recommended to the corporation's general assembly to distribute 35 percent dividends of nominal share value for the second half of 2009.

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

INVESTORS struggling to secure income as company dividends dry up and savings rates languish at an all-time low should consider turning to investment trusts, experts have clai

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

Erbe's new delivery paying dividends

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

Chinatrust Financial Holding Co (????), which owns the nation’s biggest credit card issuer, is expected to distribute much higher dividends to shareholders this year because of a NT$8.56 billion (US$266.8 million) gain in assets.

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

Broadcaster CTC Media reported fourth-quarter net profit of $20.9 million against a loss of $89 million a year earlier and said it would pay its first-ever dividends.

posted by Victoria Howley on Feb 26

Highlights from the Thomson Reuters Investment Banking Scorecard:

“Food and beverage accounts for 10% of M&A

Coca Cola’s $12.1 billion offer to purchase Coca Cola Enterprises, an Atlanta-based producer and wholesaler of bottled beverages, brings the total of M&A activity in the food and beverage sector to $32.4 billion, an increase of 257% compared to the same period in 2009.

Deals in the food and beverage industry account for nearly 10% of all global activity this year and are second only to activity in the oil and gas sector.  Credit Suisse, an advisor to Coca Cola Enterprises, ranks as the top advisor in the food and beverage industry with $26.7 billion from 11 deals for year-to-date 2010.

European issuers power agency and sovereign debt market

This week’s $6.2 billion sovereign debt offering from the United Kingdom bolsters Europe’s stronghold in this market.  For year-to-date 2010, European countries have issued nearly 78% of all sovereign and supranational debt with 285 issues and proceeds of $206.5 billion.  The Americas region follows in second place with $23.3 billion from 52 issues. This week’s offering is the largest debt issue in the United Kingdom this year and the seventh largest agency and sovereign offering in Europe.

Japanese issuers lead follow-on offerings

Japanese companies account for the top three equity and equity-related offerings for the week, with proceeds of $1.1 billion from follow-on and convertible offerings. The two secondary offerings this week from Kawasaki Kisen Kaisha Ltd and Pioneer Corp, raising just over $770 million, pushed Japan into the top position globally for  follow-on issues in 2010, with a total of $12.96 billion. Issuers from the United States have raised $12.3 billion via follow-on offerings, the second largest total for the year-to-date period.”

The weekly Investment Banking Scorecard is produced by the Deals Intelligence team, part of the Investment Advisory division of Thomson Reuters. The scorecard highlights the year’s trends in M&A, capital markets and loan issuance.

posted by Quentin Webb on Feb 26

Friday’s highlights:

* Giant private equity firm Blackstone Group LP (BX.N) posts better-than-expected earnings on Thursday and says that lending for deals has returned, although exiting investments by IPO has been bumpy.

* Huatai Securities’ (601688.SS) modest gains on debut fell short of expectations after it raised $2.3 billion in China’s largest IPO this year, and could set a trend of lower pricing in upcoming share listings.

* Rob Cox of Reuters Breakingviews says Coca-Cola Chief Executive Muhtar Kent’s strategic about-face with a takeover of Coca-Cola Enterprises’ North American bottling operations “doesn’t mean the decision isn’t financially and strategically sound” — but “Kent looks like a charlatan for so recently dismissing the idea after Pepsi beat him to it”.

For more on these stories, and the rest of the latest deal-related news from Reuters, click here.

Top stories from elsewhere (some external links may require subscriptions):

* General Electric Co is in talks with Spanish Banco Santander to sell its 20.85 percent stake in Turkish lender Garanti Bank, Turkish media reports said. Reuters story here.

* Music company EMI has appointed Peter Williams to the board of one of its holding companies, as its buyout house Terra Firma tries to sort out the loss-making record label’s finances, The Daily Telegraph reports.

* General Motors Co is considering two offers for its Hummer brand after plans to sell it to China’s Sichuan Tengzhong Heavy Industrial Machinery failed, according to the Wall Street Journal.

* A group of ex- regulators and bankers, led by William Isaac, the Federal Deposit Insurance Corp’s former chairman, are planning to raise $1 billion to buy failed lenders in the U.S. southeast, Bloomberg said, citing people with knowledge of the plan.

* And the New York Times says curling, the “slow-poke game, which originated in 16th-century Scotland, has captivated the Type-A world of Wall Street almost by accident.”