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  • Stock Market News and Dividend Report for Wed March 3, 2010 0 comments
    Mar 3, 2010 5:33 PM | about stocks: COST, CTB, NTRS, PEG, CCE

     Costco Wholesale Corporation (NASDAQ: COST) announced, excluding items, net income were $.70 per diluted share, compared to $.55 per diluted share last year. analysts average $0.72. COST misses by $0.02

    Net sales for the second quarter of fiscal 2010 increased eleven percent, to $18.36 billion, from $16.49 billion during the second quarter of fiscal 2009. 
    Costco Wholesale Corporation operates membership warehouses that offer a selection of branded and private label products in a range of merchandise categories in no-frills, self-service warehouse facilities. 
    Cooper Tire & Rubber Company (NYSE:CTB) reported $0.63 eps compared with a loss of -$2.44 per share for the same period last year.  analysts average $0.47. CTB beats by $0.16.
    Net income were $39 million for the quarter ended Dec. 31, 2009, a $183 million improvement from the same period in 2008. Strong results were driven by lower raw material costs, improved volumes and increased utilization of manufacturing capacity.
    Cooper Tire & Rubber Company manufactures and markets replacement tires primarily in North America and internationally. 
    Northern Trust Corporation (Nasdaq: NTRS) declared a quarterly cash dividend of $0.28 per share payable on April 1, 2010, to stockholders of record on its transfer books at 5:00 p.m., Chicago time, on March 10, 2010.
    Northern Trust Corporation operates as the holding company for The Northern Trust Company that provides a range of banking and financial services to large and mid-sized corporations and financial institutions in the United States and internationally. 
    The board of directors of Public Service Enterprise Group (NYSE: PEG) increased the quarterly dividend to 34.25 cents per share, a 3.0% increase over the company's existing quarterly dividend rate of 33.25 cents per share. The first dividend in 2010 is payable on March 31, 2010, to shareholders of record on March 10, 2010.
    PSEG has paid annual dividends on an uninterrupted basis since 1907.
    Public Service Enterprise Group Incorporated, through its subsidiaries, engages in the transmission, distribution, and sale of electric energy and natural gas to commercial, residential, and industrial customers primarily in the Northeastern and Mid Atlantic United States.
    Coca-Cola Enterprises’ (NYSE: CCE) board of directors has increased the company’s regular quarterly dividend 12½ percent to 9 cents per common share. The quarterly dividend rate is equivalent to an annual dividend of 36 cents per common share. The dividend is payable March 25, 2010 to shareowners of record on March 12, 2010.
    Coca-Cola Enterprises Inc. engages in the manufacture, distribution, and marketing of nonalcoholic beverages. 
    For more information, visit
    Disclosure: No positions
    Stocks: COST, CTB, NTRS, PEG, CCE
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