Market News
Saks Incorporated (SKS)
Saks Incorporated Thursday said that owned sales totaled $219.8 million for the four weeks ended October 31, 2009 compared to $216.0 million for the four weeks ended November 1, 2008, a 1.8% increase. Comparable store sales increased 0.7% for the month
Nov 5 · 1:44:00 PM · Source: Company News
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by Larry Etter
IBM (IBM)
IBM board of directors declared a regular quarterly cash dividend of $0.55 per common share, payable December 10, 2009 to stockholders of record November 10, 2009.
With the payment of the December 10 dividend, IBM will have paid consecutive quarterly dividends every year since 1916.
Nov 5 · 1:41:00 PM · Source: Business Wire
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by Michael Oliveto
Alcoa (AA)
Alcoa said Thursday that funding has been approved for the complete repair and refurbishment of its 50,000-ton forging press at the company’s Cleveland Works.
The project will help make the Cleveland Works operation a premier producer of large aluminum and titanium forgings for the defense, aerospace and industrial markets.
Nov 5 · 1:41:00 PM
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by Larry Etter
Kohl's (KSS)
Kohl’s Corporation today reported today that total sales for the four-week month ended October 31, 2009 increased 4.9 percent from the four-week month ended November 1, 2008. On a comparable store basis, sales increased 1.4 percent for the month of October.
Nov 5 · 1:40:00 PM · Source: Company News
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by Larry Etter
J.C. Penney (JCP)
J. C. Penney Company, Inc. Thursday reported comparable store sales for the four-week period ended Oct. 31, 2009, decreased 4.5 percent, In last year’s October period, comparable store sales decreased 13 percent. Total Company sales in October decreased 3.5 percent.
The sales topped company guidance.
Nov 5 · 1:35:00 PM · Source: Company News
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by Larry Etter
Honeywell (HON)
Honeywell International announced that it has declared a regular quarterly dividend of $0.3025 per share on the Company's outstanding common stock.
The dividend is payable on December 10, 2009 to shareowners of record at the close of business on November 20, 2009.
Nov 5 · 1:28:00 PM · Source: Reuters
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by Michael Oliveto
Nike (NKE)
Nike this weekend will debut the Nike N7 Collection, a select range of performance footwear designed with the environment and the future of Native American communities in mind. The N7 Collection will be sold exclusively through 33 Nike Factory Stores in the U.S. and via www.nike.com, with a portion of the profits going to the N7 Fund, which supports youth sport in Native American communities.
Nov 5 · 1:27:00 PM · Source: Company News
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by Larry Etter
Google (GOOG)
Google Inc.'s quarterly lobbying expenses eclipsed $1 million for the first time during the summer as the company tried to build on its dominance of Internet search and expand into other markets.
The company spent nearly $1.1 million trying to influence lawmakers and regulators in the third quarter, a 50 percent increase from the July-September period last year, according to a recent disclosure statement.
Nov 5 · 1:11:00 PM · Source: AP
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by Michael Oliveto
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