Sanderson Farms, Inc. (NASDAQ: SAFM) reported net income of $36.1 million, or $1.55 per share, compared with $43.0 million, or $2.06 per share, for the third quarter of fiscal 2009. analysts average $1.87. SAFM misses by $0.32.
Net sales for the third quarter of fiscal 2010 were $489.1 million compared with $504.8 million for the same period a year ago
Sanderson Farms, Inc. is engaged in the production, processing, marketing and distribution of fresh and frozen chicken and other prepared food items.
The Board of Directors of Union Pacific Corporation (NYSE: UNP) declared a quarterly dividend of 33 cents per share on its common stock, payable October 1, 2010, to stockholders of record August 31, 2010.
Union Pacific has paid dividends on its common stock for 111 consecutive years.
Union Pacific Corporation owns one of America’s leading transportation companies.
Frontier Communications Corporation (NYSE: FTR) Board of Directors declared a regular quarterly cash dividend payment of $0.1875 per share of common stock, payable on September 30, 2010 to holders of record of common stock at the close of business on September 9, 2010. *
Frontier Communications Corporation provides regulated and unregulated voice, data, and video services to residential, business, and wholesale customers in the United States.
SCANA Corporation (NYSE: SCG) board of directors, declared a regular dividend of 47 ½ cents per share on the Company’s common stock for the quarter ending September 30, 2010. The dividend is payable October 1, 2010 to shareholders of record at the close of business on September 10, 2010.
SCANA Corporation, a Fortune 500 company headquartered in Cayce, SC, is an energy-based holding company principally engaged, through subsidiaries, in electric and natural gas utility operations and other energy-related businesses.
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Disclosure: No positions
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Institutional Investors Conference in New York, October 19, 2010