Stock Activity
Boston Properties declares 50-cent dividend
Mar 19, 2010 18:21 EDT
Real estate trust Boston Properties votes to pay dividend of 50 cents. Real estate investment trust Boston Properties Inc. said Friday its board declared a quarterly dividend of 50 cents.
Weight Watchers to pay 17.5-cent dividend
Mar 19, 2010 17:52 EDT
Weight Watchers board declares dividend of 17.5 cents. Weight Watchers International Inc. said its board declared a quarterly dividend of 17.5 cents.
Summary Box: Busy week shaping up for IPOs
Mar 19, 2010 15:50 EDT
Summary Box: Next week could be busiest week for IPOs since November 2007. HOW MANY: There could be as many as seven IPOs debuting next week. If all go through, it would be the busiest week since November 2007.
Pay package for Travelers Cos. CEO rises 20 pct
Mar 19, 2010 14:51 EDT
Pay package for Travelers Cos. CEO rises 20 percent in 2009 to $20.1 million. Travelers Cos. gave its CEO a pay package worth $20.1 million last year, a 20 percent raise over his 2008 pay as the property and casualty insurer benefited from a conservative investment approach.
HRPT Properties boosts size of public offering
Mar 19, 2010 13:37 EDT
HRPT Properties Trust increases size of public stock offering by 10M shares to 30M shares. HRPT Properties Trust increased the size of a public offering of common stock by 10 million shares to 30 million shares.
Hersha Hospitality prices public offering of stock
Mar 19, 2010 12:17 EDT
Hersha Hospitality prices public offering of 24M shares, expects to use proceeds to cut debt. Hotel owner Hersha Hospitality Trust said Friday it has increased its offering of new shares to 24 million common shares and will sell them at $4.25 a share.
Best 212 dividend stocks in America
Mar 19, 2010 11:17 EDT
Yields anywhere between 3% and 10% . "Always be compounding." The three words above are written on a piece of paper and taped to my computer screen. Compounded returns are the single most important force in finance for generating investment profits. They're safe. They're sure. And anyone can do it. These three words remind me I should never stray from compounding, no matter what. Today, I'm going to tell you about a special list of 212 stocks I call my compounding "cheat sheet." These companies are the best stocks in America for generating compound returns. If you're interested in compounding, you need to know about this list. It'll save you hours of research. To compound, all you have to do is invest your money in something that pays a return and then reinvest your returns. Now your interest is earning interest and your dividends are paying dividends. Pretty soon, your money is growing like a bacteria colony. Richard Russell wrote the best essay I've read about compounding. It'll be t
Telx Group planning $100M initial public offering
Mar 19, 2010 09:02 EDT
Data center operator Telx Group files to raise $100 million through initial public offering. Telx Group Inc., a company that operates data centers in the U.S., plans to raise $100 million through an initial public offering.
IronPlanet to raise $92 million with IPO
Mar 19, 2010 08:16 EDT
IronPlanet, online market place for used equipment, to raise $92 million with IPO. IronPlanet Inc., which operates an online marketplace for used heavy equipment, plans to raise $92 million through an initial public offering.
EMC CEO gets $9M pay package in 2009, down 23 pct
Mar 18, 2010 21:24 EDT
EMC CEO gets $9M pay package in 2009, down 23 percent from last year. The pay package last year for EMC Corp. CEO Joe Tucci was 23 percent lower than in 2008, a reflection of lower equity awards and cuts to the data-storage company's executive salaries.
EMC CEO gets $9M pay package in 2009, down 23 pct
Mar 18, 2010 21:16 EDT
EMC CEO gets $9M pay package in 2009, down 23 percent from last year. The Associated Press has found that EMC Corp. CEO Joe Tucci received a 2009 pay package of $9.0 million, which was 23 percent lower than the year before.
AEP CEO earned less in 2009 as he got no bonus
Mar 18, 2010 18:41 EDT
AEP CEO Morris earned $7.1M in 2009, down 27 percent as he got no performance-based bonus. The top executive of American Electric Power received total compensation of $7.1 million in 2009, a 27 percent drop from the previous year, according to an Associated Press calculation of figures disclosed in a regulatory filing.
Apple director, ex-auto executive York dies
Mar 18, 2010 18:35 EDT
Jerome York, Apple director, auto industry reformer and Kerkorian adviser dies at 71. Jerome York, an Apple Inc. board member and a financial wizard credited with turning around Chrysler and IBM, died Thursday of a brain aneurysm. He was 71.
PNC Financial increases CEO pay to $16M in 2009
Mar 18, 2010 18:23 EDT
PNC Financial CEO pay nearly doubles in 2009, mostly due to restricted stock. PNC Financial Services Group Inc. CEO James E. Rohr received compensation of $16.6 million in 2009, nearly double the total of 2008, but much of it was restricted stock to comply with government limits placed on companies that took bailout money.
Apple director Jerry York dies at 71
Mar 18, 2010 18:07 EDT
DETROIT (Reuters) - Jerry York, a long-time adviser to billionaire investor Kirk Kerkorian and executive whose career spanned the auto and technology industries, has died, Apple Inc said on Thursday.
Apple director, ex-auto executive York dies
Mar 18, 2010 17:25 EDT
Jerome York, an Apple Inc. board member and a financial wizard credited with turning around Chrysler and IBM, died Thursday of a brain aneurysm. He was 71.
Gannett CEO's pay rose 41 percent in 2009
Mar 18, 2010 15:20 EDT
Newspaper publisher Gannett increased its CEO pay to $4.4 million in 2009. An Associated Press analysis shows Gannett Co., the biggest newspaper publisher in the U.S., increased its CEO's pay package by nearly 41 percent last year.
Scorpio Tankers increases size of expected IPO
Mar 18, 2010 09:34 EDT
Shipper Scorpio Tankers boosts size of expected IPO, now hopes to raise about $187.5 million. Shipper Scorpio Tankers Inc. on Thursday increased how much it hopes to raise from its expected initial public offering to about $187.5 million from $150 million.
MGM Mirage NJ exit greases wheels for HK listing
Mar 18, 2010 08:04 EDT
LOS ANGELES/HONG KONG (Reuters) - MGM Mirage's plan to exit the mature Atlantic City market in favor of booming Macau removes a year of overhang from the company and should clear the way for a share offering in Hong Kong by June.
IHS 1st-qtr profit slips 1 pct on charges
Mar 17, 2010 17:22 EDT
IHS fiscal 1st-quarter profit slips 1 percent, weighed down by stock options expenses. IHS Inc., a provider of energy and security information to governments and large companies, said Wednesday that its fiscal first-quarter earnings edged down 1 percent, hurt by charges.