Lockheed Martin Focuses on Shareholder Value, Boosts Dividend
Zacks.com submits: Lockheed Martin Corporation (LMT) is prudent in returning a substantial portion of its free cash flow to shareholders through share repurchases and incremental dividends.The company recently boosted its quarterly dividend by 10.5%, or 6 cents per-share. This took the quarterly dividend to 63 cents per share from the pre-existing dividend of 57 cents. The dividend is payable on Dec. 31, 2009 to shareholders of record as of Dec. 1, 2009.Complete Story » seekingalpha.com |
Inevitable: GM to Liquidate Saab
Edward Harrison submits:From the Guardian: General Motors announces closure of 62-year-old Swedish carmaker after collapse of negotiations with Spyker.Complete Story » seekingalpha.com |
Goodyear Tire & Rubber Co. Q4 2009 Earnings Call Transcript
Goodyear Tire & Rubber Co. (GT)Q4 2009 Earnings CallFebruary 18, 2010 10:00 am ETComplete Story » seekingalpha.com |
Polaris: Restructuring Proves Good for the Stock Price, Bad for America
Trader Mark submits:While at the moment this sickly market has me standing to the side chewing on straw and swimming in cash, I am continuing to review the companies whose stocks are the last group sitting above the 50- and 200-day moving averages to diagnose why they are showing relative strength. One such candidate is Polaris Industries (PII) which makes a lot of "boy's toys" - i.e. all terrain vehicles, snowmobiles, and motorcyles (most of the business however is ATV).Via the company description:Complete Story » seekingalpha.com |
Norfolk Southern's Earnings Show Improving Economic Picture
David I. Templeton submits: After the market close Tuesday, Norfolk Southern (NSC) reported earnings (PDF) that increased 58.7%. The earnings of $1.04 per share bettered year ago results of 66 cents per share. Additionally, the results were 5 cents higher than analyst expectations of 99 cents per share.Revenue increased 30.9% to $2.4 billion. During the company's conference call Tuesday night, NSC noted,Complete Story » seekingalpha.com |