Matt Krantz on stocks Aug 16, 2007
If companies have enough money to pay the preferred dividend, they must do so ... At the same time, preferred stocks are stocks, in that the companies may suspend the preferred dividend if they hit tough times. (USA Today -- Money)
VCG Holding Corp. Announces Record Second Quarter Results Aug 15, 2007
5 Preferred Dividend 447,256 -- N/A Net income applicable to common shareholders $ 455,513 $ 2,752,203 504 ... 17 Preferred Dividend (0. (Yahoo! Wire -- Entertainment News)
Otter Tail Corporation Announces Strong Second Quarter Earnings and Maintains 2007 Earnings Guidance; Board of Directors Declares Dividend Aug 7, 2007
Consolidated Statements of Income, Consolidated Balance Sheets -- Assets, Consolidated Balance Sheets -- Liabilities and Equity Otter Tail Corporation Consolidated Statements of Income For the three and six months ended June 30, 2007 and 2006 In thousands, except share and per share amounts (not audited) Quarter Ended June 30, Year-to-date June 30, 2007 2006 2007 2006 Operating revenues by segment: Electric $70,572 $73,518 $160,552 $156,102 Plastics 39,525 52,685 77,344 90,790 Manufacturing... (PR Newswire)
Arbor Realty Trust Announces Commitment to Fund Preferred Equity Investment in $8 Billion Purchase of Extended Stay Hotel Portfolio by the Lightstone Group Jun 7, 2007
The senior preferred equity will have a liquidation preference of $210 million, a 12% preferred dividend rate per annum (of which 10% will be paid currently and 2% will be permitted to accumulate) payable monthly, and will entitle the holders to receive a residual profits interest in the acquiror. The senior preferred equity (other than the residual profits interest) will be redeemable by the acquiror at any time, subject to certain limitations. (PR Newswire)
United Fuel & Energy Reports Results for the First Quarter of 2007 May 16, 2007
The company completed a preferred stock offering in April 2006 and therefore there were no preferred dividends in the first quarter of 2006 ... 7 million Preferred Dividend 1. (PR Newswire)
VCG Holding Corp. Announces Net Income for First Quarter 2007 up over 163% over Same Period 2006 May 16, 2007
9 Preferred Dividend 238,310 -- Net income applicable to common shareholders $ 146,960 $ 1,012,853 587 ... 07 Preferred Dividend (0. (Yahoo! Wire -- Entertainment News)
John Hancock Advisers Releases Portfolio Information for Closed-End Funds May 10, 2007
John Hancock Patriot Premium Dividend Fund I (NYSE: ) John Hancock Patriot Premium Dividend Fund II (NYSE: ) John Hancock Patriot Select Dividend Trust (NYSE: ) John Hancock Patriot Global Dividend Fund (NYSE: ) John Hancock Patriot Preferred Dividend Fund (NYSE: ) John Hancock Preferred Income Fund (NYSE: ) John Hancock Preferred Income Fund II (NYSE: ) John Hancock Preferred Income Fund III (NYSE: ) John Hancock Tax-Advantaged Dividend Income Fund (NYSE: ) John Hancock Investors Trust (NYSE: )... (PR Newswire)
AEGON Continues Strong Profitable Growth of New Business May 9, 2007
THE HAGUE, Netherlands, May 9 /PRNewswire-FirstCall/ -- VALUE OF NEW BUSINESS FOR Q1 2007 INCREASES to EUR 232 MILLION - Broad based contribution to Value of New Business growth; AEGON UK leads growth with 77%(i) increase in VNB - AEGON's (LSE: AGN , NYSE: AEG) internal rate of return increases to 17. 7% in the first quarter of 2006 - The internal rate of return in AEGON The Netherlands meets the internal hurdle rate NEW LIFE SALES(1) INCREASE 20%; total deposits increased by 21% - Record sales... (PR Newswire)
Otter Tail Corporation Announces First Quarter Earnings; Maintains 2007 Earnings Guidance May 8, 2007
Consolidated Statements of Income, Consolidated Balance Sheets - Assets, Consolidated Balance Sheets - Liabilities and Equity Otter Tail Corporation Consolidated Statements of Income For the three months ended March 31, 2007 and 2006 In thousands, except share and per share amounts (not audited) Quarter Ended March 31, 2007 2006 Operating revenues by segment: Electric $89,980 $82,584 Plastics 37,819 38,105 Manufacturing 86,225 68,257 Health services 32,963 32,076 Food ingredient processing... (PR Newswire)
John Hancock Advisers Releases: Three John Hancock Patriot Closed-End Funds' Shareholders Approve Reorganizations; One Meeting Adjourned for Further Voting May 3, 2007
Today, John Hancock Advisers announced the completion of shareholder meetings approving the reorganizations for the following funds: -- John Hancock Patriot Preferred Dividend Fund (NYSE: ) -- John Hancock Patriot Global Dividend Fund (NYSE: ) -- John Hancock Patriot Premium Dividend Fund I (NYSE: ) Subject to the satisfaction of certain conditions, the reorganizations of the acquired funds into PDT are expected to close on the following dates: -- PPF -- Tuesday, May 29, 2007 -- PGD -- Monday,... (PR Newswire)
John Hancock Advisers Declares Monthly Dividends May 2, 2007
BOSTON, May 1 /PRNewswire-FirstCall/ -- Nine John Hancock closed-end funds declared their monthly dividends today as follows: Declaration Date: May 1, 2007 Ex Date: May 9, 2007 Record Date: May 11, 2007 Payable Date: May 31, 2007* *Payable date for John Hancock Patriot Preferred Dividend Fund will be May 29, 2007 ... 25% - PPF Patriot Preferred Dividend Fund $0. (PR Newswire)
FFI Reports Second Quarter Operating Results Apr 14, 2007
" Holding Company and Corporate Analysis ess Outlook Holding Company and other expenses increased as a result of negative claims experience within the Company's self-insured health program, increases in executive compensation, increased interest and preferred dividend costs. Fisbeck concluded by saying, "as a result of the strategic initiatives mentioned above, I believe we will have positive operating results for the remainder of fiscal 2007," stated Fisbeck. "Our focus for the remainder of... (PR Newswire)
VCG Holding Corp. Announces Net Income up over 169% over 2005 and Updated Earnings Guidance Apr 4, 2007
$160,000 in offering costs included in the preferred dividend ... 2 Preferred Dividend 1,685,730 878,843 Net (loss) applicable to common shareholders $(1,271,251) $ 236,833 Net Income (loss) per share $ 0 ... 17 Preferred Dividend (0. (Yahoo! Wire -- Entertainment News)
Saul Centers Declares Quarterly Dividends Mar 15, 2007
The preferred dividend will be paid April 13, 2007 to holders of record on April 3, 2007. Saul Centers is a self-managed, self-administered equity real estate investment trust headquartered in Bethesda, Maryland. (PR Newswire)
AEGON Achieves Strong Growth in 2006 Mar 8, 2007
THE HAGUE, Netherlands, March 8 /PRNewswire-FirstCall/ -- - Solid financial performance - Net income increased 2% for the full year; operating earnings up 32% - Value of new business increased 41% totaling EUR 775 million, ahead of target to double VNB by 2010 - New life sales1) increased 20% with record sales in the UK and Poland. Sales in the Americas and Netherlands return to growth - year marked by successful expansion - Global pension capability expanded with new pension initiatives in... (PR Newswire)
HomeBanc Corp. Reports Fourth Quarter and Full Year 2006 Results and Update on 2007 Strategic Plans Feb 27, 2007
Series A Preferred Dividend HomeBanc also announced the regular quarterly dividend of $0. 625 per share on its 10% Series A Cumulative Redeemable Preferred Stock for the quarter ending March 31, 2007. (PR Newswire)
Pacific Gas and Electric Company Declares Preferred Stock Dividends Feb 23, 2007
In order to be considered a shareholder of record for the preferred dividend payments, investors must have purchased the stock at least three trading days before the applicable record date. Pacific Gas and Electric Company will pay dividends on its eight series of preferred stock as follows: First Preferred Stock, Quarterly Dividend to be Paid $25 Par Value Per Share Redeemable 5. (PR Newswire)
Stocks to Watch, Feb. 22 Feb 22, 2007
85 million preferred dividend. The Nashville, Tenn. (Fox News)
IPC Holdings, Ltd. Reports Fourth Quarter 2006 Results, Increases Quarterly Dividend By 25%, and Announces Estimate of Loss Range from Winter Storm Kyrill of $35 Million - $45 Million Feb 21, 2007
Quarter ended December 31, Year ended December 31, 2006 2005 2006 2005 (unaudited) (unaudited) (unaudited) (expressed in thousands of U.S. Dollars, except per share amounts) NET OPERATING INCOME (LOSS) $ 97,045 $ (68,459) $ 382,500 $(612,843) Net realized gains (losses) on investments 11,106 (6,376) 12,085 (10,556) NET INCOME (LOSS) $ 108,151 $ (74,835) $ 394,585 $(623,399) Preferred dividend 4,235 2,664 17,176 2,664 NET INCOME (LOSS) AVAILABLE TO COMMON SHAREHOLDERS $ 103,916 $ (77,499) $... (PR Newswire)
NHP Reports 2006 Earnings Up $0.09 Per Share, $1 Billion of Investments & 2007 Guidance Feb 14, 2007
79 Weighted average shares outstanding 85,499 67,765 77,879 67,446 NATIONWIDE HEALTH PROPERTIES, INC. RECONCILIATION OF NET INCOME TO FUNDS FROM OPERATIONS DECEMBER 31, 2006 (IN THOUSANDS EXCEPT PER SHARE AMOUNTS) Three Months Ended Twelve Months Ended December 31, December 31, 2006 2005 2006 2005 Net income $102,757 $23,883 $185,577 $69,941 Preferred stock dividends (3,791) (3,791) (15,163) (15,622) Preferred stock redemption charge -- -- -- (795) Real estate related depreciation and... (PR Newswire)
Otter Tail Corporation Reports Record Revenues, Earnings Per Share of $1.70 for 2006; Board Approves Dividend Increase Feb 6, 2007
Consolidated Statements of Income, Consolidated Balance Sheets - Assets, Consolidated Balance Sheets - Liabilities and Equity Otter Tail Corporation Consolidated Statements of Income For the three and twelve months ended December 31, 2006 and 2005 In thousands, except share and per share amounts Quarter Ended Year to date - December 31, December 31, 2006 2005 2006 2005 Operating revenues by segment: Electric $78,706 $79,582 $306,014 $312,985 Plastics 26,404 44,927 163,135 158,548 Manufacturing... (PR Newswire)
Raytheon income up in 4th quarter Feb 3, 2007
Results included preferred dividend payments of $3. 6 million. (Boston Globe)
Vectren Corporation Reports Fiscal 2006 Results Feb 1, 2007
1 MINORITY INTEREST PREFERRED DIVIDEND REQUIREMENT OF SUBSIDIARIES 0. 1 0. (PR Newswire)
CVS profit lifted by generic drug sales Feb 1, 2007
Results included preferred dividend payments of $3 ... Results included preferred dividend payments of $14. (Globe and Mail -- Business)
John Hancock Closed-end Funds Declare Monthly Dividends and Capital Gain Distributions Dec 2, 2006
38 % - - - Preferred Dividend Fund HPI Preferred $0. 1550 7. (PR Newswire)
Berkshire Income Realty Announces FFO of $3,666,167 for Nine-Month... Nov 17, 2006
BERKSHIRE INCOME REALTY, INC. CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) Three months ended Nine months ended September 30, September 30, ----------------------------------------------------- 2006 2005 2006 2005 ------------- ------------ ------------- ----------- Revenue: Rental $ 18,243,989 $16,092,704 $ 52,707,449 $43,805,061 Interest 241,329 149,696 683,853 322,312 Utility reimbursement 275,095 198,567 835,928 610,164 Other 774,093 588,845 2,136,576 1,611,473 -------------... (CNBC -- Research Alerts)
Goldman 3Q profit dips as summer slowdown hurts trading business Sep 13, 2006
26 per share, after preferred dividend payments, compared to $1. 61-billion, or $3. (Globe and Mail -- Business)
American Realty Investors, Inc. Reports Second Quarter 2006... Aug 15, 2006
01 par value, authorized 100,000,000 shares; issued 11,592,272 shares 114 114 Treasury stock, at cost (15,146) (15,146) Additional paid-in capital 93,389 93,389 Retained earnings 56,259 64,805 Accumulated other comprehensive income 923 253 ----------- ------------- 140,521 148,397 ----------- ------------- $ 1,357,778 $ 1,345,795 =========== ============= AMERICAN REALTY INVESTORS, INC. CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (dollars in thousands, except share data) For the Three For... (CNBC -- Research Alerts)
Chi Mei Optoelectronics Announces Unaudited Unconsolidated Second Quarter 2006 Aug 10, 2006
Net income before preferred dividend 4. Calculation of basic EPS is after preferred dividend and based on weighted average of outstanding common shares 5. (PR Newswire)
Boots & Coots Reports Record Results for the Second Quarter Aug 9, 2006
The Company also benefited from an adjustment to preferred dividends of $0 ... com (Tables to follow) BOOTS INTERNATIONAL WELL CONTROL, INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (000's except share and per share amounts) (Unaudited) Three Months Ended Six Months Ended June 30, June 30, 2006 2005 2006 2005 REVENUES(a) $23,472 $4,762 $34,992 $19,052 COST OF SALES, excluding depreciation and amortization 12,808 2,088 18,108 10,674 Gross Margin 10,664 2,674 16,884 8,378 OPERATING EXPENSES... (PR Newswire)
United Dominion Realty Trust Declares Quarterly Dividend on Series B Preferred Stock Jul 28, 2006
The preferred dividend is payable on August 31, 2006 to Series B preferred stock shareholders of record as of August 15, 2006. About United Dominion Realty Trust, Inc.. (Primezone Releases)
Nasdaq 2Q profit rises 42 percent, beat estimates Jul 21, 2006
7 million, or 13 cents per diluted share, after preferred dividend payments in the second quarter of 2005. The results included one-time losses related to Nasdaq's acquisition of Inet, as well as debt retirement and its acquisition of a 25. (San Diego Union-Tribune -- Business)
Constellation profits on the rise Jul 1, 2006
Net income rose to $86 million, or 36 cents a share, after preferred dividend payments in the March-to-May quarter, up from $75 million, or 31 cents a share, a year earlier. Sales after excise taxes grew 5 percent to $1. (10NBC.com, NY)
National Lampoon Announces Third Quarter Fiscal 2006 Financial... Jun 15, 2006
$692 Additional paid-in capital $37,085,586 Less: Deferred compensation $(28,255) Accumulated deficit $(36,215,567) -------------- TOTAL SHAREHOLDERS' EQUITY $842,484 -------------- TOTAL LIABILITIES AND SHARESHOLDERS' EQUITY $5,118,478 ============== NATIONAL LAMPOON, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS Three Months Nine Months Ended April 30, Ended April 30, 2006 2005 2006 2005 ------------ ----------- ------------ ----------- (UNAUDITED) (UNAUDITED) (UNAUDITED)... (CNBC -- Research Alerts)
Commentary: Rising Rate Strategies Jun 3, 2006
Meanwhile, this preferred dividend payout, as opposed to bond interest, is taxed at only 15%, too. Should you want more frequent resets, look at the Freddie Mac (45, FRE N ), a perpetual preferred tied to the one-year London Interbank Offered Rate (Libor) minus 0. (Forbes)
Goodrich Petroleum Corporation Declares Preferred Dividend May 26, 2006
HOUSTON, May 25 /PRNewswire-FirstCall/ -- The board of directors of Goodrich Petroleum Corporation (NYSE: ) (GDP) has declared a quarterly cash dividend of $0. 6719 per share on its 5. (PR Newswire)
CORRECTING and REPLACING American Realty Investors, Inc. Reports... May 17, 2006
01 par value, authorized 100,000,000 shares; issued 11,592,272 shares in 2006 and 2005 114 114 Treasury stock, at cost, 1,443,272 shares in 2006 and 2005 (15,146) (15,146) Paid-in capital 93,389 93,389 Retained earnings 56,116 64,805 Accumulated other comprehensive income (loss) 550 253 ------------ ------------- 140,005 148,397 ------------ ------------- $1,395,706 $1,345,795 ============ ============= AMERICAN REALTY INVESTORS, INC. CONSOLIDATED STATEMENTS OF OPERATIONS For the Three Months... (CNBC -- Research Alerts)
Boots & Coots Reports First Quarter Results; Well Intervention Revenues Top $10.0 Million May 10, 2006
" Net income attributable to common stockholders was $1.3 million, or $0.03 per diluted share for the current period, compared to $2.3 million, or $0.07 per diluted share in the prior year period. The decrease in net income attributable to common shareholders was due primarily to lower operating income as mentioned above, higher interest expense costs and a higher effective tax rate, partially offset by a preferred dividend credit. Interest expense of $575,000 during the first quarter of 2006... (PR Newswire)
Mid-America Reports Strong First Quarter Results May 5, 2006
CONSOLIDATED STATEMENTS OF OPERATIONS (in thousands except per share data) Three months ended March 31, ---------------------------- 2006 2005 --------- --------- Property revenues $78,594 $71,575 Management and fee income, net 52 118 Property operating expenses (31,500) (29,626) Depreciation (18,930) (18,049) Property management expenses (2,511) (2,808) General and administrative (3,361) (2,656) -------------------------------------------------------------------------- Income from continuing... (PR Newswire)
Otter Tail Corporation Announces Strong First Quarter Revenues and Net Income; Revises 2006 Guidance Downward May 2, 2006
Consolidated Statements of Income, Consolidated Balance Sheets - Assets, Consolidated Balance Sheets - Liabilities and Equity Otter Tail Corporation Consolidated Statements of Income For the three months ended March 31, 2006 and 2005 In thousands, except share and per share amounts (not audited) Quarter Ended March 31, 2006 2005 Operating revenues by segment: Electric $82,584 $73,483 Plastics 38,105 32,155 Manufacturing 68,257 55,529 Health services 32,076 27,798 Food ingredient processing 9,350... (PR Newswire)
Duke Energy Reports First Quarter 2006 Results May 2, 2006
Weighted Average Shares (reported and ongoing) - in millions Basic 928 Diluted 963 CINERGY CORP. CONSOLIDATED STATEMENTS OF INCOME (Unaudited) (In thousands, except per share amounts) -------------------------------------------------------------------------- Three Months Ended March 31, ----------------------- 2006 2005 -------- -------- Operating Revenues Electric $1,137,062 $914,359 Gas 355,556 313,096 Other 155,920 98,656 ----------- ----------- Total Operating Revenues 1,648,538 1,326,111... (Canada Newswire)
Entertainment Properties Reports Record First Quarter Results May 2, 2006
ENTERTAINMENT PROPERTIES TRUST Consolidated Statements of Income (dollars in thousands except per share data) (Unaudited) Three Months Ended March 31, 2006 2005 ----------- ----------- Rental revenue $39,130 $34,150 Tenant reimbursements 3,450 2,979 Other income 1,463 814 Mortgage financing interest 1,824 - ----------- ----------- Total revenue 45,867 37,943 Property operating expense 4,770 3,864 Other operating expense 1,038 647 General and administrative expense, including share-based... (Yahoo! Wire -- Entertainment News)
Business Digest Apr 27, 2006
Tricia Bishop EarningsHanger Orthopedic has net loss Hanger Orthopedic Group Inc. posted a loss yesterday after paying preferred dividends of $736,000, or 3 cents a share, for the first quarter, which ended March 31. Before the preferred dividend, earnings were $829,000 ... That compares with a loss after preferred dividends of $84,000 in the first quarter a year earlier. (Sunspot.net -- Business)
IPC Holdings, Ltd. Reports First Quarter 2006 Results Apr 26, 2006
Quarter ended March 31, 2006 2005 (unaudited) (unaudited) (expressed in thousands of U.S. Dollars, except per share amounts) NET OPERATING INCOME $75,261 $47,165 Adjustment for net realized losses (12,614) (3,210) NET INCOME $62,647 $43,955 Preferred dividend 4,234 -- NET INCOME AVAILABLE TO COMMON SHAREHOLDERS $58,413 $43,955 Basic net income available to common shareholders, per common share $0 ... In addition, the Board of Directors declared a preferred dividend of $0 ... 01 90 90 Additional... (PR Newswire)
Mid-America First Quarter Results To Exceed Forecast Apr 19, 2006
Simon Wadsworth, CFO, said, "Our property revenues were significantly greater than forecast, resulting from improved collections and resident utility reimbursements, as well as higher occupancy. We are reviewing our forecasts for the balance of the year and will give further guidance with our formal quarterly earnings release on May 4th." The following table is a reconciliation of expected FFO to expected net income for the three months ended March 31, 2006 (in thousands): Three Months Ended... (PR Newswire)
Rite Aid profit surges in 4Q Apr 7, 2006
8 million, or 47 cents a share, after preferred dividend costs, on revenues of $16. 8 billion last year. (MSNBC -- Business)
Edgen Corporation Announces Fourth Quarter 2005 and Fiscal Year... Apr 5, 2006
EDGEN CORPORATION AND SUBSIDIARIES STATEMENTS OF OPERATIONS AND SELECT SEGMENT DATA FOURTH QUARTER 2005 (POST-ACQUISITION), THIRD QUARTER 2005 (POST-ACQUISITION) AND FOURTH QUARTER 2004 (PRE-ACQUISTION) (DOLLARS IN THOUSANDS) (Post- (Post- (Pre- Acquisition) Acquisition) Acquisition) Fourth Third Fourth Quarter Quarter Quarter 2005 2005 2004 ---- ---- ---- Sales $ 66,745 $ 75,712 $ 57,894 Cost of sales 54,070 61,766 43,333 ------ ------ ------ Gross profit 12,675 13,946 14,561 Operating... (CNBC -- Research Alerts)
CNH Series A Preference Shares to Convert Into Common Shares Mar 23, 2006
There will be no preferred dividend, as no preference shares will remain outstanding. As CNH has been reporting diluted earnings per share reflecting the contingent issuance of these 100 million shares since the fourth quarter of 2004, the conversion will not, in itself, have any impact on such computation going forward. (PR Newswire)
/FIRST AND FINAL ADD -- LNTH001 -- AEGON Earnings/ Mar 9, 2006
Summarized consolidated income statements amounts in millions EUR EUR Fourth quarter Full year 2005 2004 % 2005 2004 % Total revenues 8,037 7,549 6 30,336 29,300 4 Income from reinsurance ceded 436 457 (5) 1,691 1,548 9 Fair value and foreign 271 124 119 698 206 N.M. exchange gains Total gains on investments 3,618 5,192 (30) 12,609 7,163 76 Other income 0 (73) N.M. 176 138 28 Total income 12,362 13,249 (7) 45,510 38,355 19 Benefits and expenses 11,293 12,179 (7) 41,054 34,487 19 Fair value and... (PR Newswire)
Entertainment Properties Reports Record Fourth Quarter and Year-end Results Feb 26, 2006
ENTERTAINMENT PROPERTIES TRUST Consolidated Statements of Income (dollars in thousands except per share data) (Unaudited) Three Months Ended Twelve Months Ended December 31, December 31, 2005 2004 2005 2004 --------- -------- ---------- --------- Rental revenue $37,997 $33,151 $145,227 $124,423 Tenant reimbursements 3,657 1,200 12,511 8,335 Other income 1,029 163 3,517 557 Mortgage financing interest 1,591 - 3,560 - ---------- -------- ----------- --------- Total revenue 44,274 34,514 164,815... (Yahoo! Wire -- Entertainment News)
OfficeMax: Swings to loss Feb 23, 2006
However, once those costs as well as preferred dividends were excluded, Itasca, Ill ... Preferred dividends, however, turned that small income into a per-share loss of 2 cents last year, the company said ... Much of the preferred dividends are earmarked toward employee stock-option plans, a company spokesman said. (CBS MarketWatch - Front Page)
PG&E Corp. Declares Quarterly Common Stock Dividend; Utility Declares Preferred Stock Dividends Feb 16, 2006
In order to be considered a shareholder of record for the common and preferred dividend payments, you must have purchased the stock at least three trading days before the applicable record date. Pacific Gas and Electric Company will pay dividends on its 8 series of preferred stock as follows: First Preferred Stock, Quarterly Dividend $25 Par Value to be Paid Per Share Redeemable 5. (PR Newswire)
ICO, Inc. Reports Record Income From Continuing Operations in the Fiscal 2006 First Quarter of $3.1 Million or $.12 Per Share ($.11 Per Share-Diluted) Feb 9, 2006
Preferred Dividend The Company's Board of Directors has determined not to declare any dividend on its depositary shares, each representing 1/4 of a share of its $6. 75 convertible exchangeable preferred stock, for the quarter ending on March 31, 2006. (PR Newswire)
Falconbridge Fourth-Quarter Profit Doubles to $280 Million on Metal Prices Feb 9, 2006
After preferred dividend payments, per-share profit jumped to 74 cents from 47 cents. Sales climbed 16 percent to $2. (Bloomberg -- Canada)
