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  • Stock Market News and Dividend Report for Mon March 1, 2010 0 comments
    Mar 1, 2010 6:26 PM | about stocks: PRU, PSA, CGNX, CHRW, NKE
     American International Group, Inc. (NYSE:AIG) announced today a definitive agreement for the sale of the AIA Group, Limited (NYSEARCA:AIA), one of the world’s largest pan-Asian life insurance companies, to Prudential plc (NYSE: PRU) for approximately $35.5 billion, including approximately $25 billion in cash, $8.5 billion in face value of equity and equity-linked securities, and $2.0 billion in face value of preferred stock of Prudential.
    Prudential Financial, Inc. provides various financial products and services in the United States, Asia, Europe, and Latin America. 
    Public Storage (NYSE: PSA) announced net income were $0.70 per common share on a diluted basis compared to $0.72 per common share for the same period in 2008.
    For the three months ended December 31, 2009, net income to common shareholders were $117.5 million compared to $121.5 million last year, representing a decrease of $4.0 million. 
    Public Storage operates as a real estate investment trust (REIT).
    Cognex Corporation (NASDAQ: CGNX) Board of Directors declared a quarterly cash dividend of $0.05 per share. This dividend is payable on March 19, 2010, to all shareholders of record at the close of business on March 5, 2010.
    Cognex Corporation, together with its subsidiaries, provides machine vision products that capture and analyze visual information to automate tasks, primarily in manufacturing processes.
    C.H. Robinson Worldwide, Inc. (Nasdaq: CHRW) Board of Directors declared a regular quarterly cash dividend of 25 cents ($0.25) per share, payable on April 1, 2010, to shareholders of record on March 5, 2010. C.H. Robinson has distributed regular dividends for more than twenty-five years. 
    C.H. Robinson Worldwide, Inc. operates as a third party logistics company.
    NIKE, Inc. (NYSE: NKE) Board of Directors declared a quarterly cash dividend of $0.27 per share on the company’s outstanding Class A and Class B Common Stock payable on April 1, 2010, to shareholders of record at the close of business on March 8, 2010.
    Nike, Inc. designs, develops, and markets footwear, apparel, equipment, and accessory products worldwide. 
    For more information, visit
    Disclosure: No positions
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