directors

DENTSPLY Board Approves Stock Repurchase Program

Published on Thu, 03/31/2011 - 10:52
By FNNO Staff in General Interest, XRAY, board, buyback, dentsply, directors, market, repurchase, shares, stock, treasury, xray, News Update

Under the program, the company may repurchase shares of company stock on the open market or in negotiated transactions in an amount to maintain up to 34 mln shares in Treasury, an increase in the repurchase authorization of 12 mln

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DENTSPLY International Inc. (XRAY) is up 1.4% to $36.99, after announcing that its board of directors has increased the company's authorization to repurchase shares under its stock repurchase program.

By FNNO Staff
fnnonline@gmail.com

BNY Mellon Increases Quarterly Dividend To $0.13 Per Share (BK)

The dividend represents an annual yield of 1.8% based on a share price of $28.90, and is payable May 10th to shareholders of record on April 29, 2011.

In addition, BNY Mellon's board of directors has approved an increase to its share buyback program that brings the total common shares allowable for repurchase to 47 million, representing 4% of common outstanding shares.

The action was done in anticipation of the bank's plans to repurchase up to $1.3 billion wort

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Bank of New York Mellon (NYSE:BK) announced a $0.13 quarterly dividend, up 44% from the previous dividend of $0.09 per share.

By Stephanie Shyu
sshyu@fnno.com

Steve Jobs to be Questioned in Antitrust Suit; May be Ousted from Disney's Board

Lawyers of consumers who filed a class-action lawsuit in 2005 won the right to question Jobs in a 2-hour court setting about operating an alleged monopoly over music downloads. The questioning may only be on the topic of Apple's 2

U.S. Magistrate Judge Howard R.

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A federal magistrate judge has ordered Apple (NASDAQ:AAPL) CEO Steve Jobs answer to antitrust allegations.

By Stephanie Shyu
sshyu@fnno.com

Chemspec To Merge With Halogen Limited, Halogen Mergersub Limited

Halogen Limited is jointly owned by an affiliate of Primavera Capital Management and Jianhua Yang, chief executive officer and chairman of the company's board, who owns approximately 55% of the Halogen's outstanding ordinary share

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Chemspec International (CPC) announced Monday that it has signed a definitive agreement to merge with Halogen Limited and Halogen Mergersub, a Cayman Islands exempted company wholly owned by Halogen.

By Stephanie Shyu
sshyu@fnno.com

NetLogic Microsystems to Acquire Optichron for $77 Million

Its acquisition of Optichron will complement NETL's market-leading portfolio of multi-core processors, expanding and broadening the company's presence in 3G/4G LTE base stations, the company said.

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NetLogic Microsystems (NETL) announced Monday that it has entered into a definitive agreement to acquire Optichron, a privately-held semiconductor provider of 3G/4G LTE base station digital front-end (DFE) processors, located in F

By Stephanie Shyu
sshyu@fnno.com

TPC Group's Board Elects New CEO (TPCG)

He will replace Charlie Shaver, who has occupied the position since July of 2004. Mr. McDonnell previously served as the President and CEO for Pregis Corporation.

Michael E. Ducey, Chairman of the Board, said, "We are very pleased to have Michael McDonnell lead TPC Group into its next era of growth.

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TPC Group (NASDAQ:TPCG) today announced that Michael T. McDonnell has been elected by the Board of Directors to be the company's new President and CEO effective tomorrow, March 22nd, 2011.

By Stephanie Shyu
sshyu@fnno.com

One Liberty Properties Declares Common Stock Dividend

The dividend is payable on April 5, 2011 to stockholders of record as of March 22, 2011.

Shares are up 0.74% to $15.07.

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One Liberty Properties (OLP) announced today that its Board of Directors has approved a quarterly dividend for the company's common stock of $0.33 per share.

By Stephanie Shyu
sshyu@fnno.com

Safeway Expects Sales Growth in FY11; Plans to Pay Down Debt

The company also announced that its Board of Directors has approved a $1.1 billion dividend from Canada to the United States, which is expected to be paid in two installments.

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Safeway (SWY) today released its guidance for 2011 earnings, posting expectations for sales growth that could surpass Wall Street estimates. The company said it sees 2011 earnings per share of $1.60 to $1.80, excluding items, vers

By Stephanie Shyu
sshyu@fnno.com

Western Digital to Acquire Hitachi Global Storage Technologies

Under the terms of the agreement, WD will acquire Hitachi GST for $3.5 billion in cash and 25 million WD common shares valued at $750 million.

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Western Digital (NYSE:WDC) and Hitachi, Ltd. (NYSE:HIT) announced today that they have entered into a definitive agreement whereby WD will acquire Hitachi Global Storage Technologies, a wholly-owned subsidiary of Hitachi, Ltd., in

By Stephanie Shyu
sshyu@fnno.com

Total Buying 12% Stake In Russian Energy Firm Novatek For $4 Billion

This is another signal that Russia is opening up its massive energy reserves to foreign investors, coming on the heels of BP's (NYSE:BP) $16 billion share-swap deal for three offshore Arctic licenses with Russian energy company Ro

Total's stake will rise to 19.4% in three years, and the french company will get a seat on Novatek's board of directors.

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French energy giant Total SA (NYSE:TOT) said it will pay $4 billion for a stake in Russia's largest independent gas producer, Novatek, and is joining the company's huge Arctic natural gas project.

By Stephanie Shyu
sshyu@fnno.com

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