Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors. Stock Market News and Dividend Report for Tuesday Nov 3, 2009

|Includes:Burlington Northern Santa Fe Corp. (BNI), FPL-OLD, IDA, KBH, RELL, SWK, SWK, WSC
The boards of directors of Berkshire Hathaway Inc. (NYSE: BRK.A; BRK.B) and Burlington Northern Santa Fe Corporation (BNSF; NYSE: BNI) today announced a definitive agreement for Berkshire Hathaway to acquire for $100 per share in cash and stock the remaining 77.4 percent of outstanding BNI shares not currently owned to increase its holdings to 100 percent. Based on the number of outstanding BNI shares (including shares currently owned by Berkshire) on Nov. 2, 2009, the transaction is valued at approximately $44 billion, including $10 billion of outstanding BNSF debt, making it the largest acquisition in Berkshire Hathaway history.
Burlington Northern Santa Fe Corporation, through its subsidiaries, engages in the freight rail transportation business. 
The Stanley Works (NYSE: SWK) and The Black & Decker Corporation (NYSE: BDK) announced that they have entered into a definitive merger agreement to create Stanley Black & Decker, an $8.4 billion global industrial leader in an all-stock transaction valued at approximately $4.5 billion.
The Stanley Works manufactures tools and engineered security solutions worldwide. The Black & Decker Corporation manufactures and markets power tools and accessories, hardware and home improvement products, and technology-based fastening systems worldwide.
Richardson Electronics, Ltd. (NASDAQ: RELL) Board of Directors voted to declare a $0.02 cash dividend per share to all holders of common stock and a $0.018 cash dividend per share to all holders of Class B common stock. The dividend will be payable on November 20, 2009, to all common stockholders of record on November 6, 2009. 
Richardson Electronics, Ltd. provides engineered solutions, and distributes electronic components to the radio frequency (NYSE:RF), wireless and power conversion, electron device, and display systems markets.
Wesco Financial Corporation’s (AMEX: WSC) Board of Directors declared a regular quarterly cash dividend of $0.395 per share payable December 3, 2009 to shareholders of record at the close of business on November 5, 2009.
Wesco Financial Corporation, together with its subsidiaries, engages in insurance, furniture rental, and steel service center businesses in the United States.
Directors of IDACORP, Inc. (NYSE: IDA) declared a common stock dividend of $0.30 per share, payable November 30, 2009 to holders of record at the close of business on November 5, 2009.
IDACORP, Inc., through its subsidiary, Idaho Power Company, engages in the generation, transmission, distribution, sale, and purchase of electric energy in the United States.
The board of directors of KB Home (NYSE: KBH) has declared a quarterly cash dividend of $.0625 per share on the Company's common stock, payable on November 19, 2009 to stockholders of record on November 5, 2009.
KB Home constructs and sells homes in the United States. 
FPL Group, Inc. (NYSE: FPL) board of directors also declared a regular quarterly common stock dividend of 47.25 cents per share. The dividend is payable on December 15, 2009, to shareholders of record on November 27, 2009. This board action marks the 256th consecutive quarterly dividend paid to common shareholders.
FPL Group, Inc., through its subsidiaries, engages in the generation, transmission, distribution, and sale of electric energy.
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Disclosure: No positions