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  • Stock Market News and Dividend Report for Monday April 11, 2011 - CDTV.net  0 comments
    Apr 11, 2011 1:36 PM | about stocks: WSC, TRH, BTH, PETM, INTC, FLO
    Wesco Financial Corporation’s (NYSE AMEX: WSC) Board of Directors declared a regular quarterly cash dividend of $0.42 per share payable June 9, 2011 to shareholders of record at the close of business on May 25, 2011.*
     
    Wesco Financial Corporation, together with its subsidiaries, engages in insurance, furniture rental, and steel service center businesses in the United States.
    ***
    The Board of Directors of Transatlantic Holdings, Inc. (NYSE: TRH) declared a quarterly cash dividend of $0.21 per share on the Company’s common stock, payable June 17, 2011, to stockholders of record on June 3, 2011.*
     
    Transatlantic Holdings, Inc. (TRH) is a leading international reinsurance organization.
    ***
    Blyth, Inc. (NYSE: BTH) reported that Net Sales for the fourth quarter ended January 31, 2011 declined approximately 6% to $303.3 million from $322.4 million for the prior year period.  Sales declined 3% on a local currency basis.  Sales growth in ViSalus Sciences and in the Wholesale segment was more than offset by lower sales volume in PartyLite.  International sales represented 51% of fourth quarter sales this year versus 53% last year.
     
    Blyth, Inc. (NYSE: BTH) is a leading multi-channel designer and marketer of home fragrance products, home decor products and household convenience items.
    ***
    PetSmart, Inc. (NASDAQ: PETM) declared a quarterly common stock cash dividend of twelve and one-half cents ($0.125) per share. The dividend is payable May 13, 2011 to shareholders of record at the close of business on April 29, 2011.
     
    PetSmart, Inc. is the largest specialty pet retailer of services and solutions for the lifetime needs of pets. 
    *** 
    Intel Corporation (NASDAQ:INTC) board of directors has declared an 18.12 cents per share quarterly dividend on the company's common stock. The dividend will be payable on June 1, 2011 to stockholders of record on May 7, 2011
     
    Intel Corporation designs, manufactures, and sells integrated circuits for computing and communications industries worldwide. 
    ***
    Flowers Foods (NYSE: FLO)and Tasty Baking Company (NasdaqGM: TSTY) today announced a definitive merger agreement whereby Flowers will acquire all of the outstanding shares of Tasty common stock for $4.00 per share in cash for a total purchase price of approximately $165 million, including Tasty's existing indebtedness.
     
    Flowers Foods, with $2.6 billion in annual sales, is one of the nation's leading producers and marketers of packaged bakery foods for retail and foodservice customers.
    ********** 
    For more information, visit cdtv.net
    Disclosure: No positions
    *** 
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    Themes: wsc, trh, bth, petm, intc, flo Stocks: WSC, TRH, BTH, PETM, INTC, FLO
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