PHOENIX--(BUSINESS WIRE)-- Knight Transportation, Inc. (NYSE: KNX) announced today that its Board of Directors has declared the company’s quarterly cash dividend of $0.06 per share of common stock. This quarterly dividend is pursuant to a cash dividend policy approved by the Board of Directors. The actual declaration of future cash dividends, and the establishment of record and payment dates, is subject to final determination by the Board of Directors each quarter after its review of the company’s financial performance.
The company’s dividend is payable to shareholders of record on March 2, 2012 and is expected to be paid on March 30, 2012.
Knight Transportation, Inc. is a provider of multiple truckload transportation services using a nationwide network of service centers in the U.S. that serve North America. In addition to operating one of the country’s largest tractor fleets, Knight also partners with third-party equipment providers to provide a broad range of truckload solutions to its customers. As “Your Hometown National Carrier,” Knight strives to offer customers and drivers personal service and attention through each service center, while offering integrated freight transportation service.
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, relating to our quarterly dividend. There can be no assurance that future dividends will be declared. The declaration of future dividends is also subject to approval of our Board of Directors each quarter after its review of our financial performance and cash needs. Declaration of future dividends is also subject to various risks and uncertainties, including: our cash flow and cash needs; compliance with applicable law; restriction on the payment of dividends under existing or future financing arrangements; changes in tax laws relating to corporate dividends; the deterioration in our financial condition or results, and those risks, uncertainties, and other factors identified from time to time in our filings with the Securities and Exchange Commission.
Knight Transportation, Inc.David Jackson, 602-269-2000President and Chief Financial Officer
Source: Knight Transportation, Inc.
MONROE, Mich., Feb. 9, 2012 /PRNewswire/ -- La-Z-Boy Incorporated (NYSE: LZB) will report its fiscal 2012 third-quarter operating results after the close of trading on the New York Stock Exchange on Tuesday, February 21, 2012, and will hold its quarterly investor conference call at 8:30 a.m. Eastern Time the following day, Wednesday, February 22, 2012.
The dial-in phone number for the live conference call will be (877) 407-0778 for persons calling from within the U.S. or Canada, and the number for international callers will be (201) 689-8565. The call will also be webcast live and archived on the Internet, and will be available at http://investors.la-z-boy.com/phoenix.zhtml?c=92596&p=irol-calendar. A telephone replay will be available for a week following the call. This replay will be accessible to callers from the U.S. and Canada at (877) 660-6853 and to international callers at (201) 612-7415. Enter account #286 with Conference ID #387863.
Additional InformationThis news release is just one part of La-Z-Boy's financial disclosures and should be read in conjunction with other information filed with the Securities and Exchange Commission, which is available at: http://investors.la-z-boy.com/phoenix.zhtml?c=92596&p=irol-sec. Investors and others wishing to be notified of future La-Z-Boy news releases, SEC filings and quarterly investor conference calls may sign up at: http://investors.la-z-boy.com/phoenix.zhtml?c=92596&p=irol-alerts&t=&id=&.
Background InformationLa-Z-Boy Incorporated is one of the world's leading residential furniture producers, marketing furniture for every room of the home. The company has three reportable operating segments: upholstery; casegoods; and retail. The La-Z-Boy Upholstery Group companies are Bauhaus, England and La-Z-Boy. The operating units in the Casegoods Group consist of two groups, one including American Drew, Lea and Hammary, and the second being Kincaid. The company-owned retail segment includes 85 of the 309 La-Z-Boy Furniture Galleries® stores.
The corporation's proprietary distribution network is dedicated exclusively to selling La-Z-Boy Incorporated products and brands, and includes 309 stand-alone La-Z-Boy Furniture Galleries® stores and 545 independent Comfort Studios®, in addition to in-store gallery programs for the company's Kincaid, England and Lea operating units. Additional information is available at http://www.la-z-boy.com/.
Contact: Kathy Liebmann, 734-241-2438, kathy.liebmann@la-z-boy.com
SOURCE La-Z-Boy Incorporated
NEW YORK, Feb. 9, 2012 (GLOBE NEWSWIRE) -- At the end of the settlement date of January 31, 2012, short interest in 2,261 NASDAQ Global MarketSM securities totaled 6,414,407,342 shares compared with 6,699,994,804 shares in 2,267 Global Market issues reported for the prior settlement date of January 13, 2012. The end-of-January short interest represents 3.64 days average daily NASDAQ Global Market share volume for the reporting period, compared with 5.31 days for the prior reporting period.
Short interest in 481 securities on The NASDAQ Capital MarketSM totaled 357,914,777 shares at the end of the settlement date of January 31, 2012 compared with 356,498,452 shares in 480 securities for the previous reporting period. This represents 5.37 days average daily volume, compared with the previous reporting period's figure of 7.38.
In summary, short interest in all 2,742 NASDAQ® securities totaled 6,772,322,119 shares at the January 31, 2012 settlement date, compared with 2,747 issues and 7,056,493,256 shares at the end of the previous reporting period. This is 3.70 days average daily volume, compared with an average of 5.39 days for the previous reporting period.
The open short interest positions reported for each NASDAQ security reflect the total number of shares sold short by all broker/dealers regardless of their exchange affiliations. A short sale is generally understood to mean the sale of a security that the seller does not own or any sale that is consummated by the delivery of a security borrowed by or for the account of the seller.
For more information on NASDAQ Short interest positions, including publication dates, visit http://quotes.nasdaq.com/asp/MasterDataEntry.asp?page=ShortInterest or http://www.nasdaqtrader.com/asp/short_interest.asp.
About NASDAQ OMX
The NASDAQ OMX Group, Inc. (Nasdaq: NDAQ) is the world's largest exchange company. It delivers trading, exchange technology and public company services across six continents, with approximately 3,500 listed companies. NASDAQ OMX offers multiple capital raising solutions to companies around the globe, including its U.S. listings market, NASDAQ OMX Nordic, NASDAQ OMX Baltic, NASDAQ OMX First North, and the U.S. 144A sector. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and exchange-traded funds. NASDAQ OMX technology supports the operations of over 70 exchanges, clearing organizations and central securities depositories in more than 50 countries. NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal entities but describe the common offering from NASDAQ OMX exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit http://www.nasdaqomx.com. Please follow NASDAQ OMX on Facebook (http://www.facebook.com/nasdaqomx) and Twitter (http://www.twitter.com/nasdaqomx).
NDAQO
CONTACT: Media Contact:
Wayne Lee
+1.301.978.4875
Wayne.D.Lee@NASDAQOMX.Com
Source: The NASDAQ OMX Group, Inc.
WALL TOWNSHIP, N.J., Feb. 9, 2012 /PRNewswire/ -- Coates International, Ltd. (NASDAQ OTCBB: COTE) –Coates International Ltd. (the "Company") is pleased to announce that the Company is in negotiations with a private financer to fund the ramp up of production of Coates CSRV products.
Management believes this funding is vitally important to the production and delivery of the products in quantities satisfactory to our customers. The Company simply cannot confirm these large orders until it has the capability of producing and delivering products in accordance with the size of the purchase orders and the dates of delivery.
Management comments: "Once we get production flowing, confirming orders will be a daily exercise."
About Coates International, Ltd.: Coates has been developing over a period of more than 15 years a patented spherical rotary valve CSRV Internal Combustion Engine invented by George J. Coates and his son Gregory. Our public filings with the SEC may be viewed and printed on the website maintained by the SEC at http://www.sec.gov.
SOURCE Coates International, Ltd.
MINNEAPOLIS--(BUSINESS WIRE)-- Local well known attorney Jeff Redmon of Redmon Law provides more than legal advice to his clients. He provides expert sources to help his clients grow their business.
In his latest effort, Redmon is hosting John Lankford, Master Business Advisor, who is known for guiding his clients to double and triple digit growth in any economy. In a one day, two part intensive seminar on Feb. 16 open to local business executives, Lankford will teach them the systems and processes they need to use to have consistent sales and growth.
REGIONAL ENTREPRENEUR WORKSHOP
Lankford and Redmon will offer the regional Marketing and Sales Workshop for Entrepreneurs on Thursday, Feb. 16, at the offices of Olsen Thielen at I-35W and County Road C, 2675 Long Lake Blvd., St. Paul, MN 55113. To receive more information or to sign up, please e-mail Redmon at jredmon@redmonlaw.com or call him at 715-386-4700.
ABOUT JOHN LANKFORD
The New York Times and CBS have used Lankford as an expert business advisor. He is also the author of “Superstar for Life...Career Transitions,” as well as a former columnist for Bay Area Business Magazine.
Lankford uses an engaging and lively business approach to motivate, engage and develop others to embrace new ideas and achieve new goals.
“It’s all about strategic planning and then the execution of the two most critical elements of business. Human capital is the best resource and the most underutilized asset in most businesses. Bottom line driven systems are critical to on-going predictable success. We help our clients optimize and develop their human talent and we provide easy to follow systems. The revenue and profit growth always follows," said Lankford.
ABOUT PREMIER DEVELOPMENT SOLUTIONS
Premier Development Solutions is a leading business development consultancy with clients across the country. The firm's core competency is solving the issues for business owners who are frustrated with the financial performance of their company, as compared to industry leaders. Marketing and sales are often a key part of that solution. PDS helps corporate executives and business owners develop talent and achieve results for their company. To contact Premier Development Solutions, call (734) 454-5667 or visit www.PremierDevelopmentSolutions.com.
Premier Development SolutionsJohn Lankford, 734-454-5667
Source: Premier Development Solutions
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