Stock Market News and Dividend Report for Monday April 25, 2011 - CDTV.net
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The Board of Directors of Pitney Bowes Inc. (NYSE: PBI) declared a quarterly cash dividend on the company’s common stock of 37 cents per share, payable June 12, 2011, to stockholders of record on May 13, 2011.
Delivering more than 90 years of innovation, Pitney Bowes provides software, hardware and services that integrate physical and digital communications channels.
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The Board of Directors of Eaton Vance Corp. (NYSE: EV) declared a quarterly dividend of $0.18 per share on its common stock. The dividend is payable May 9, 2011 to shareholders of record on April 29, 2011.
Eaton Vance Corp. is one of the oldest investment management firms in the United States, with a history dating back to 1924.
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McDonald's Corporation (NYSE: MCD) announced strong results for the first quarter ended March 31, 2011, fueled by broad-based comparable sales growth.
Revenues increased 9% (7% in constant currencies). Diluted earnings per share of $1.15, up 15% (12% in constant currencies).
McDonald?s Corporation, together with its subsidiaries, operates as a worldwide foodservice retailer.
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GE (NYSE: GE) announced strong first-quarter 2011 operating earnings of $3.6 billion, up 58%, or $0.33 per share, up 65%, from the first quarter of 2010. GAAP earnings from continuing operations (attributable to GE) were $3.4 billion, or $0.31 per share, both up 48% year-over-year. Revenues grew to $38.4 billion for the quarter, up 6% from a year ago. In addition, GE raised its quarterly dividend by $0.01 to $0.15 effective in the third quarter of 2011. This is the third dividend increase declared in the last 12 months and reflects GE leadership’s confidence in the company’s business performance.
General Electric Company (GE) operates as a technology, media, and financial services company worldwide.
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Kimberly-Clark Corporation (NYSE: KMB) today reported first quarter 2011 results and updated its expectations for full-year 2011 adjusted earnings per share and related key planning assumptions.
First quarter 2011 net sales of $5.0 billion increased 4 percent. Diluted net income per share for the quarter was $0.86 compared with $0.92 in the year-ago period. First quarter adjusted earnings per share were $1.09 in 2011 and $1.14 in 2010.
Adjusted earnings comparisons benefited from sales growth, cost savings, a decline in the effective tax rate and a lower share count, but those factors were more than offset by input cost inflation.
Adjusted earnings per share in 2011 are now expected to be $4.80 to $5.05 compared to the company\'s previous guidance of $4.90 to $5.05. The wider outlook includes expectations for significantly higher input cost inflation.
Kimberly-Clark Corporation, together with its subsidiaries, engages in the manufacture and marketing of various health care products worldwide.
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