$GME Acquisition Update: GME completed acquisition of Geeknet through a tender offer to purchase all outstanding shares of GKNT for $20.00 per share in cash, without interest thereon and less any applicable withholding taxes.
a dividend on its 5.875% Series C Non-Cumulative Perpetual Preferred Stock of
$14.69 per share. The Board also declared a dividend on its 6.25% Series D
Non-Cumulative Perpetual Preferred Stock of $15.625 per share. The dividends
are payable January 16, 2017, to shareholders of record on January 1, 2017.
$TXT said the aviation market continues to be challenging. In order to sustain margins and keep business productive and competitive, the company followed the most popular way another cost restructuring. Due to overall weak demand environment in the industry, it is the right time for $TXT to take action in the aviation side.
a quarterly cash dividend on its 8.50% Series A Non-Cumulative Perpetual
Convertible Preferred Stock of $21.25 per share. The BoD also declared a dividend
on its Floating Rate Series B Non-Cumulative Perpetual Preferred Stock of $8.95
per share. The dividends are payable January 16, 2017, to shareholders of
record on January 1, 2017.
of $HBAN declared a quarterly cash dividend of $0.08 per common share. This
represents a $0.01 per share or 14% increase over the prior quarter. The dividend
is payable January 2, 2017, to shareholders of record on December 20, 2016.
$DGX stated that its partnership with Squared is progressing. Both the companies will get benefited by integrating their laboratory clinical trial businesses. $DGX will get 40% of the equity earnings since it owns 40% of the joint venture. The company added that it will take some time to get the integration completed.