The Coca-Cola Company (NYSE: KO) and Coca-Cola Enterprises Inc. (NYSE: CCE) announce that they have entered into agreements that will strategically advance the Coca-Cola system in North America and drive long-term value for all shareholders.
The Coca-Cola Company, in a substantially cashless transaction, will acquire CCE’s entire North American business, which consists of approximately 75 percent of U.S. bottler-delivered volume and almost 100 percent of Canadian bottler-delivered volume.
The Coca-Cola Company’s acquisition of the assets and liabilities of CCE’s North American business is valued at $3.4 billion. In addition, consideration includes the assumption of $8.88 billion of CCE debt
The Coca-Cola Company manufactures, distributes, and markets nonalcoholic beverage concentrates and syrups worldwide.
The J. M. Smucker Company (NYSE: SJM) announced, excluding items, the Company's non-GAAP income per diluted share was $1.17 and $0.87 for the third quarter of 2010 and 2009, respectively, an increase of 34 percent. analysts average $1.05. SJM beats by $0.12.
Richard Smucker, Executive Chairman and Co-Chief Executive Officer said, "We delivered record results once again this quarter, driven by a successful Fall Bake and Holiday period, with volume and sales gains across most of our brands."
The J. M. Smucker Company engages in the manufacture and marketing of branded food products in the United States, Europe, and Canada.
BRE Properties, Inc. (NYSE: BRE) Board of Directors approved a regular common stock dividend for the quarter ending March 31, 2010. The dividends will be payable on Wednesday, March 31, 2010 to shareholders of record on Monday, March 15, 2010. BRE has paid uninterrupted quarterly dividends to shareholders since the company’s founding in 1970.
BRE Properties Inc., a real estate investment trust (REIT), engages in the development, acquisition, and management of multifamily apartment communities in the western United States.
Fidelity National Financial, Inc. (NYSE: FNF) Board of Directors declared a quarterly cash dividend of $0.15 per share. The dividend will be payable March 31, 2010, to stockholders of record as of March 17, 2010.
Fidelity National Financial, Inc., through its subsidiaries, provides title insurance, specialty insurance, claims management, and information services in the United States.
Fidelity National Information Services Inc. (NYSE: FIS) Board of Directors declared a regular quarterly dividend of $0.05 per common share. The dividend is payable March 30, 2010, to shareholders of record as of the close of business March 16, 2010.
Fidelity National Information Services, Inc. provides technology solutions, processing services, and information-based services to the financial services industry.
Smith International, Inc. (NYSE: SII) announced that its Board of Directors has approved a quarterly cash dividend in the amount of $0.12 per share. The dividend is payable April 12, 2010 to stockholders of record on March 12, 2010.
Smith International, Inc. provides products and services to the oil and gas exploration and production industry in the United States and internationally.
World Wrestling Entertainment, Inc. (NYSE: WWE) declared the Company’s regular quarterly dividend of $0.36 per share on its Class A shares of common stock. The record date for the dividend will be March 15, 2010, and the payment date will be March 25, 2010.
World Wrestling Entertainment, Inc., an integrated media and entertainment company, engages in the sports entertainment business.
For more information, visit cdtv.net
Disclosure: No positions