IBM (NYSE: IBM) announced diluted earnings of $1.97 per share compared with diluted earnings of $1.70 per share last year, an increase of 16 percent. analysts average $1.93. IBM beats by $0.04.
First-quarter net income was $2.6 billion compared with $2.3 billion in the first quarter of 2009, an increase of 13 percent.
International Business Machines Corporation (IBM) develops and manufactures information technology (NYSE:IT) products and services worldwide.
ADTRAN, Inc. (NASDAQ:ADTN) Board of Directors declared a cash dividend for the first quarter of 2010. The quarterly cash dividend is $0.09 per common share to be paid to holders of record at the close of business on April 29, 2010. The ex-dividend date is April 27, 2010 and the payment date is May 13, 2010.
ADTRAN, Inc. is a leading global provider of networking and communications equipment, with a portfolio of more than 1,700 solutions for use in the last mile of today's telecommunications networks.
Duncan Energy Partners L.P. (NYSE: DEP) board of directors of its general partner declared an increase in its quarterly cash distribution rate paid to partners to $0.4475 per common unit, or $1.79 per unit on an annualized basis. The cash distribution will be paid Thursday, May 6, 2010, to unitholders of record at the close of business on Friday, April 30, 2010. This distribution represents a 4.1 percent increase from the $0.43 per unit distribution declared for the first quarter of 2009 and is the sixth consecutive quarterly distribution increase.
Duncan Energy Partners is a publicly traded partnership that provides midstream energy services
Devon Energy Corporation (NYSE: DVN) board of directors declared a quarterly cash dividend on Devon's common stock for the second quarter of 2010. The dividend is payable on June 30, 2010 at a rate of $0.16 per share based on a record date of June 15, 2010.
Devon Energy Corporation is an Oklahoma City-based independent energy company engaged in oil and gas exploration and production.
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