Dividend
HAMILTON, BERMUDA -- (MARKET WIRE) -- 03/04/10 -- Teekay Corporation (Teekay or the Company) (NYSE: TK) today reported an adjusted net loss attributable to stockholders of Teekay(1) of $33.3 million, or $0.45 per share, for the quarter ended December 31, 2009, compared to adjusted net income of $53.2 million, or $0.73 per share, attributable to the stockholders of Teekay for the same period of the prior year. Adjusted net income (loss) attributable to stockholders of Teekay excludes a number of specific items which had the net effect of increasing net income by $49.1 million (or $0.67 per share) for the three months ended December 31, 2009 and decreasing net income by $704.1 million (or $9.71 per share) for the three months ended December 31, 2008, as detailed in Appendix A to this release. Including these items, the Company reported on a GAAP basis, net income attributable to the stockholders ...
Teekay Corporation (NYSE: TK) has voted to declare ...
Deutsche Bank initiated coverage on a plethora of stocks in the Transportation sector this afternoon:
Knight Transportation (NYSE: KNX) - Buy with a $20 target. Positioned to benefit from an improving freight environment given a large regional dry van service network, greater relative exposure to the spot market and being open to acquisitions as the economy strengthens.
Capital Product Partners (Nasdaq: CPLP) - Buy with a $12 target. Believes CPLP could be a potential long-term holding given solid long-term charter coverage and stable cash flow story.
Diana Shipping (NYSE: DSX) - Buy with a $20 target. Believes balance sheet stability and focus on medium-to-long term time charters allows for market upside.
Navios Partners (NYSE: NMM) - Buy with a $15 target. Sees a relative valuation discount, secure cash flow streams and solid dividends driving a compelling valuation proposition.
FedEx (NYSE ...
Sealy Corp. (NYSE: ZZ) 29.6% HIGHER; sees Q2 sales of $249-301 million, versus the consensus of $296.79 million. Gross profit for the quarter is expected to be in the range of $119-$123 million.
Smith & Wesson Holding Corporation (Nasdaq: SWHC) 12.9% HIGHER; announced that it has entered into a definitive agreement to acquire Universal Safety Response, Inc. (USR), a privately ...
Teekay Corporation (NYSE: TK) reports Q4 EPS of $0.73, 1 cent lower than the ...
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Teekay (TK) Approves Quarterly Cash Dividend
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Teekay (TK) Boosts Qtr. Dividend 15% to $0.316/Share
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Teekay (TK) Increases Dividend and Approves $200 Million Stock Buyback
