Seeking Alpha

John Hanna's  Instablog

John Hanna
Send Message
Covers dividend stocks for CDTV.net
My company:
CDTV.net
My blog:
CDTV.net
  • Stock Market News and Dividend Report for Wednesday March 9, 2011 - CDTV.net 0 comments
    Mar 9, 2011 3:00 PM | about stocks: FUNC, GOOD, DPS, BKCC, CFFI, 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.
    *** 
    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. 
    ***
    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.
    ***
    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.
    ***
    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. 
    ***
    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.
    ***
    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. 
    **********
    For more information, visit cdtv.net
    Disclosure: No positions
    *** 
    CDTV.net Membership - Live Stock Market Radio - Members gain access to extended and exclusive insights from top Wall Street power players, movers and shakers plus stocks to watch, news and dividend reports. 2 Week Free Trial* ($30 per month). Cancel at any time. For more information, visit www.cdtv.net/users/content/tip-jar
    ***
     
Back To John Hanna's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

More »

Latest Comments


Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.