Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors. Stock Market News and Dividend Report for Fri May 7, 2010.

|Includes: LMT, Public Storage (PSA), SII
Public Storage (NYSE: PSA) announced, excluding items, eps were $1.15 compared to $1.16 last year. analysts average $1.11. PSA beats by $0.04.
For the three months ended March 31, 2010, net income was $34.7 million compared to $159.5 million for the same period in 2009.
Public Storage operates as a real estate investment trust (REIT). It engages in the acquisition, development, ownership, and operation of self-storage facilities in the United States and Europe.
Lockheed Martin Corporation (NYSE: LMT) announced that its Board of Directors has authorized a second quarter 2010 dividend of $0.63 per share. The dividend is payable June 25, 2010 to holders of record as of the close of business on June 1, 2010.
Lockheed Martin is a global security company.
Smith International, Inc. (NYSE: SII) Board of Directors has approved a quarterly cash dividend in the amount of $0.12 per share. The dividend is payable July 12, 2010 to stockholders of record on June 11, 2010.
Smith International, Inc. is a supplier of premium products and services to the oil and gas exploration and production industry. 
For more information, visit
Disclosure: No positions