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👤Brett Richardson
🕔January 22, 2015
Sallie Mae Corporation (Nasdaq:SLM) reports Q4 EPS 3c, consensus 5c. For the fourth-quarter 2014, GAAP net income was $20M or 3c diluted earnings per share, down from $60M or 14c diluted earnings per share, in the year-ago quarter. The year-over-year decrease was attributable to a $64M decrease in gains on sales of securities and a $12M increase in operating expenses, partially offset by a $28M increase in net interest income.…
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👤Brett Richardson
🕔January 22, 2015
Chatham Lodging Trust (NYSE:CLDT) files to sell 2.5M shares of common stock. The Company will contribute the net proceeds of the offering to its operating partnership in exchange for common units of limited partnership interest in the operating partnership. The Company’s operating partnership intends to use the net proceeds to pay a portion of the $90 million purchase price for the acquisition of a upscale extended-stay hotel located in San Diego, California.…
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👤Brett Richardson
🕔January 21, 2015
Chevron Corporation (NYSE:CVX) Australian subsidiary signs SPA with SK LNG Trading. Chevron announced its Australian subsidiaries have signed a binding Sales and Purchase Agreement, or SPA, with SK LNG Trading Pte. Under the SPA, SK LNG Trading, which is part of a leading industrial conglomerate in South Korea, will receive 4.15M tons of LNG over a five-year period starting in 2017.…
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👤Brett Richardson
🕔January 21, 2015
Realty Income Corporation (NYSE:O) raises dividend 3% to 18.9c per share. Realty Income announced its board has declared an increase in the company’s common stock monthly cash dividend to 18.9c per share from 18.34167c per share. The dividend is payable on February 17 to shareholders of record as of February 2.…
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👤Brett Richardson
🕔January 21, 2015
Dish Network Corp. (Nasdaq:DISH) Slingbox, Hopper features upheld in copyright ruling. The U.S. District Court, Central District of California, publicly released its summary judgment decision upholding the rights of consumers under U.S. copyright law to use Slingbox technology and the AutoHop, PrimeTime Anytime and Transfers features of DISH’s Hopper Whole-Home HD DVR.…
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👤Brett Richardson
🕔January 21, 2015
IBM (NYSE:IBM) reports Q4 revenue from Hardware down 39%. Revenues from continuing operations for the Systems and Technology segment totaled $2.4B for the quarter, down 39% (down 12 percent, adjusting for the impact of the divested System x business and currency) from the fourth-quarter of 2013.…
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👤Brett Richardson
🕔January 19, 2015
Minerva Advisors reports 6.0% stake in The Eastern Company (Nasdaq:EML),urges strategic review. Subsequent to the acquisition of these shares, Minerva has become aware of a reluctance on the part of Eastern Company (EML) to engage in constructive conversations with potential business partners relating to strategic alternatives open to the company.…
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👤Brett Richardson
🕔January 19, 2015
Omeros Corporation (Nasdaq:OMER) requests withdrawal of registration statement. This withdrawal request is being made in connection with the company’s concurrent filing with the Commission of a new Registration Statement on Form S-3 utilizing the Commission’s automatic shelf registration procedure for companies that are well-known seasoned issuers, as defined in Rule 405 under the Securities Act.…
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👤Brett Richardson
🕔January 19, 2015
Great Lakes Dredge & Dock Corporation (Nasdaq:GLDD) awarded $23.4M deal for coastal storm risk management. Great Lakes Dredge & Dock Corporation announced the receipt of an award for a $23.4M contract with an additional $11.2M in options to construct a beach berm and dune at Fire Island Inlet to Moriches Inlet, New York.…
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👤Brett Richardson
🕔January 19, 2015
Warner Bros. (NYSE:TWX) ‘American Sniper’ takes top spot with $90.2M at box office . Rentrak (RENT), announced the official worldwide weekend box office estimates for the weekend of Jan.18, as compiled by the company’s theatrical measurement services. Rentrak’s Senior Media Analyst Paul Dergarabedian commented, “Warner Bros.’ (TWX) ‘American Sniper’ takes the global box office crown with $99.5M this weekend mainly propelled by a record breaking North American performance of $90.2M; this brings the 6 time Oscar nominee to $119M globally to date including $9.3M from just 8 international territories.” The closing for TWX was $83.18 at the day’s end.…
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