Thanks to improvement in the performance of industrial and healthcare property loans, delinquency on securitized commercial mortgages reversed some of the hefty deterioration during the previous month. But the share of past-due loans remains at the second-highest level in at least two years and has to potential increase further. Loans backing commercial mortgage-backed securities had [...]
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Canadian Pacific Reports In Line
April 25th, 2011
davidguide Canadian Pacific’s first quarter adjusted earnings per share of 19 cents met the Zacks Consensus Estimate. However, adjusted earnings plunged 66.7% year over year. View full post on Business Stories
Dollar General Corporation Announces Pricing of 25.0 Million Share Secondary Offering
December 8th, 2010
davidguide GOODLETTSVILLE, Tenn.–(BUSINESS WIRE)–Dollar General Corporation (NYSE: DG) today announced the pricing of an underwritten secondary public offering of 25.0 million common shares at a price of $30.50 per share. The shares are being sold by certain existing shareholders. No shares are being sold by the Company, and it will not receive any proceeds from the [...]
Citi Settles With Wells for Far Less than $60 Billion Sought
November 21st, 2010
davidguide Wells Fargo & Co. will pay $100 million to Citigroup Inc. to resolve all claims in a dispute over Wells Fargo’s acquisition of Wachovia Corp., the banks said in a joint statement. The settlement is far less than the more than $60 billion in damages Citi initially sought when it accused Wells Fargo of interfering [...]
Value Line share surge with special dividend
October 25th, 2010
davidguide CHICAGO (MarketWatch) — Value Line Inc. shares jumped 20% after the New York-based publishing and investment-management company announced a special dividend of $2 a share, in lieu of the company’s regular quarterly dividend of 20 cents. Value Line shares have dropped 31% this year. The company said the special dividend is payable on Nov. 12 [...]
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