BlackRock, Inc. (NYSE: BLK) reported first quarter net income, as adjusted, was $2.40 per diluted common share compared to first quarter 2009 diluted EPS of $0.81. analysts average $2.45. BLK misses by $0.05.
First quarter 2010 net income of $423 million, up $339 million compared to first quarter 2009.
BlackRock, Inc. is a publicly owned investment manager.
Parker Hannifin Corporation (NYSE: PH) Board of Directors increased the company's regular quarterly cash dividend to 26 cents per share of common stock and declared a dividend payable June 4, 2010 to shareholders of record as of May 20, 2010. This represents a 4 percent increase over the previous quarterly dividend of 25 cents per common share and is the company's 240th consecutive quarterly dividend, resulting in a total distribution to shareholders of approximately $42 million.
Parker-Hannifin Corporation manufactures fluid power systems, electromechanical controls, and related components.
People's United Financial, Inc. (Nasdaq: PBCT) Board of Directors increased the annual common stock dividend by $0.01 per share, resulting in an annual dividend rate of $0.62 per share. The quarterly dividend of $0.1550 per share is payable May 15, 2010 to shareholders of record on May 1, 2010.
People's United Financial is a diversified financial services company with $22 billion in assets.
The board of directors of Weyerhaeuser Company (NYSE: WY) declared a dividend of 5 cents per share on the common stock of the corporation payable June 1, 2010 to shareholders of record at the close of business April 30, 2010.
Weyerhaeuser Company is one of the world's largest forest products companies.
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