AT&T plans to invest approximately $1 billion in 2010 to scale its delivery of applications, mobility and cloud services for global companies, to expand small business services within the United States and to continue extending its network globally.
The 2010 investment program for businesses is part of AT&T's overall existing capital plan.
AT&T Inc. (NYSE: T) provides telecommunication products and services to consumers, businesses, and other telecommunication service providers under the AT&T brand worldwide.
Electro Rent Corporation (NASDAQ: ELRC) reported $0.09 per diluted share, versus $0.08 per diluted share, for the same period a year ago.
Net income for the fiscal 2010 third quarter was $2.2 million, compared with $1.9 million last year.
Electro Rent Corporation engages in the rental, lease, and sale of electronic equipment.
The board of directors of Best Buy Co., Inc. (NYSE:BBY) has authorized payment of a regular quarterly cash dividend of 14 cents per common share. The quarterly dividend is payable on May 6, 2010, to shareholders of record as of the close of business on April 15, 2010.
Best Buy Co., Inc. operates as a specialty retailer in the United States, Canada, Mexico, China, and Europe.
General Mills (NYSE:GIS) board declared a quarterly dividend at the prevailing rate of $.49 per share, payable May 3, 2010, to shareholders of record April 12, 2010. The fiscal 2010 annual dividend of $1.92 per share represents a 12 percent increase from dividends of $1.72 per share paid in fiscal 2009. General Mills and its predecessor firm have now paid dividends without reduction or interruption for 111 years.
General Mills, Inc. engages in the manufacture and marketing of branded consumer foods worldwide.
Yum! Brands Inc. (NYSE: YUM) Board of Directors declared a dividend of $0.21 per share of common stock. The quarterly dividend will be distributed May 7, 2010, to shareholders of record at the close of business on April 16, 2010. Yum! initiated its dividend program in 2004 and has raised the quarterly dividend each subsequent year. The quarterly dividend has more than quadrupled since inception after the most recent increase of 11% in September of 2009. Over time, Yum! targets a payout ratio of 35% to 40% of annual net income.
YUM! Brands, Inc., together with its subsidiaries, operates as a quick service restaurant company worldwide.
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