John Hanna's  Instablog

John Hanna
Send Message
Covers dividend stocks for
My company:
My blog:
  • Stock Market News and Dividend Report for Thursday April 14, 2011 - 0 comments
    Apr 14, 2011 3:14 PM | about stocks: SVT, TLRD, HAS, DUK, FF, SVU
    Servotronics, Inc. (NYSE Amex: SVT)  Board of Directors declared a $0.15 per share cash dividend.  The dividend will be paid on May 20, 2011 to shareholders of record on April 29, 2011. 
    Servotronics, Inc., together with its subsidiaries, designs, manufactures, and markets control components and consumer products in the United States and internationally. 
    Men's Wearhouse (NYSE: MW) Board of Directors declared a quarterly cash dividend of $0.12 per share on the Company's common stock, payable on June 24, 2011 to shareholders of record at the close of business on June 14, 2011.  
    Founded in 1973, Men's Wearhouse is one of North America's largest specialty retailers of men's apparel.
    Hasbro, Inc. (NASDAQ: HAS) today reported 2011 first quarter results. The Company reported net revenues of $672.0 million compared to $672.4 million in the first quarter 2010. First quarter 2011 net revenues include a positive $4.8 million impact of foreign exchange. The Company reported net earnings for the first quarter 2011 of $17.2 million or $0.12 per diluted share versus $58.9 million or $0.40 per diluted share in 2010. First quarter 2010 net earnings were $0.26 per diluted share, excluding a favorable tax adjustment of $21.2 million or $0.14 per diluted share.
    The Company repurchased a total of 1.4 million shares of common stock during the first quarter 2011 at a total cost of $63.7 million and an average price of $45.48 per share. At quarter end, $86.4 million remained available under the current share repurchase authorization.
    Hasbro, Inc. engages in the design, manufacture, and marketing of games and toys.
    Duke Energy (NYSE: DUK) intends to store electricity generated at its Notrees Windpower Project in west Texas using an energy storage and power management system developed by Austin-based Xtreme Power.
    In November 2009, Duke Energy announced plans to match a $22 million grant from the U.S. Department of Energy (DOE) to install large-scale batteries capable of storing electricity produced by the company\'s 153-megawatt (MW) Notrees wind farm, located in Ector and Winkler counties.
    This system will store excess wind energy and discharge it whenever demand for electricity is highest – not just when wind turbine blades are turning.
    Duke Energy is targeting an in-service date for the battery storage system by late 2012.
    Duke Energy Corporation operates as an energy company in the Americas.
    SUPERVALU INC. (NYSE: SVU) reported fourth quarter fiscal 2011 net sales of $8.7 billion and net earnings of $95 million, or $0.44 per diluted share. 
    In the fourth quarter of fiscal 2010, net sales were $9.2 billion and net earnings were $97 million, or $0.46 per diluted share. 
    The Company reported full-year net sales of $37.5 billion and a net loss of $1.51 billion, or $7.13 per diluted share. 
    In fiscal 2010, the Company reported net sales of $40.6 billion and net earnings of $393 million, or $1.85 per diluted share
    Fiscal 2012 Guidance
    The Company expects to generate fiscal 2012 earnings per diluted share on a GAAP basis within a range of $1.20 to $1.40.
    SUPERVALU INC. is one of the largest companies in the U.S. grocery channel with annual sales of approximately $38 billion. 
    For more information, visit
    Disclosure: No positions
    Join Our Brodacst Membership - Live Broadcast Stock Market Show - 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). That is about $1 per day. Cancel at any time. For more information, visit
    Stocks: SVT, TLRD, HAS, DUK, FF, SVU
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


More »

Latest Comments

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.