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Stock Market News and Dividend Report for Wednesday March 9, 2011 - CDTV.net

|Includes:BKCC, CFFI, DPS, First United Corporation (FUNC), GOOD, ITW, SSI
First United Corporation (Nasdaq: FUNC), announces a consolidated net loss attributable to common shareholders for the year ended December 31, 2010 of $11.8 million, compared to a net loss attributable to common shareholders of $12.8 million for 2009.  Basic and diluted net loss per common share for the year ended December 31, 2010 was $1.91, compared to basic and diluted net loss per common share of $2.08 for 2009.
 
The net loss resulted primarily from an $11.7 million decline in net interest income.
 
First United Corporation operates as the holding company for First United Bank & Trust, which provides a range of retail and commercial banking services to individuals, businesses, and various governmental units in Maryland, Virginia, and Pennsylvania.
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Gladstone Commercial Corporation (Nasdaq: GOOD) reported FFO for the three months ended December 31, 2010 was approximately $3.0 million, or $0.35 per share, which is a 10.1% decrease compared to the same period one year ago.  FFO for the year ended December 31, 2010 was approximately $14.1 million, or $1.64 per share, which is a 4.1% increase over the previous year FFO.  The decrease in FFO for the quarter was a direct result of approximately $386,000 of due diligence fees incurred related to the property acquisition during the quarter 
 
Gladstone Commercial Corporation operates as a real estate investment trust (REIT) in the United States. 
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Dr Pepper Snapple Group, Inc. (NYSE: DPS) Board of Directors declared a quarterly dividend of $0.25 per share on the company's common stock.  The dividend is payable in U.S. dollars on April 8, 2011, to shareholders of record on March 21, 2011.  *
 
Dr Pepper Snapple Group, Inc. (NYSE: DPS) is the leading producer of flavored beverages in North America and the Caribbean.
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BlackRock Kelso Capital Corporation (NASDAQ: BKCC) Net investment income totaled $2.4 million and $59.9 million, or $0.03 per share and $0.96 per share, respectively, for the three months and year ended December 31, 2010. For the three months and year ended December 31, 2009, net investment income totaled $5.0 million and $76.1 million, or $0.09 per share and $1.36 per share, respectively. The decrease is primarily a result of a decline in interest income partially offset by a reduction in expenses.
 
BlackRock Kelso Capital Corporation is a private equity firm specializing in investments in middle market companies.
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The board of directors of C&F Financial Corporation (Nasdaq: CFFI) declared a regular cash dividend of 25 cents per common share, which is payable April 1, 2011 to shareholders of record on March 15, 2011.*
 
C&F Financial Corporation operates as the holding company for Citizens and Farmers Bank that provides various banking and related financial services. 
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The board of directors of Illinois Tool Works Inc. (NYSE: ITW) declared a regular quarterly cash dividend of $0.34 cents per share or $1.36 cents per share on an annual basis.  This dividend will be paid on Tuesday, April 12, 2011 to stockholders of record Thursday, March 31, 2011.*
 
With nearly 100 years of history, Illinois Tool Works Inc. (NYSE: ITW) is a Fortune 200 global diversified industrial manufacturer.
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Stage Stores, Inc. (NYSE: SSI)  reported net income for the fourth quarter ended January 29, 2011 of $32.0 million versus $27.9 million for the prior year fourth quarter ended January 30, 2010. Diluted earnings per share for the quarter increased 19% to $0.86 this year from $0.72 last year.
 
The improved EPS was primarily driven by a 5.1% increase in total sales coupled with a 130 basis point improvement in our gross profit rate.
 
Stage Stores, Inc. operates as a specialty department store retailer in the United States. 
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Stocks: FUNC, GOOD, DPS, BKCC, CFFI, ITW, SSI