Hecla Defers July 1, 2009, Preferred Dividends; Re-Elects Directors (Business Wire)
[ad#blogbox]COEUR DALENE, Idaho—-Hecla Mining Company today announced that based upon the restrictions contained in the Bank Credit Agreement and the need to conserve cash the July 1, 2009, quarterly dividend payments to the holders of all three classes of Hecla’s preferred stock have been deferred.
Cisco to record $130 million tax-related charge (AP)
[ad#blogbox]Computer networking gear maker Cisco Systems Inc. on Friday said current fourth-quarter earnings per share will be 2 cents to 3 cents lower due to a tax-related charge.
Business Highlights (AP)
[ad#blogbox]With an almost certain bankruptcy filing days away, General Motors is beginning its reinvention, planning to retool one factory to make its smallest vehicles ever in the U.S. and rid itself of the biggest.
Commodity shares, Coca-Cola lift Wall Street (Reuters)
[ad#blogbox]Stocks rose on Friday, capping their third straight monthly advance, as rising commodity prices lifted shares of natural resource companies, while a sliding dollar boosted the allure of multinationals, including Coca-Cola Co .
Business events scheduled for the coming month (AP)
[ad#blogbox]MONDAY, June 1 NEW YORK — The Institute for Supply Management releases its manufacturing index for May, 10 a.m. WASHINGTON — Commerce Department releases personal income and spending for April, 8:30 a.m.; Commerce Department releases construction spending for April, 10 a.m.
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions (Business Wire)
[ad#blogbox]NEW YORK—-Today BlackRock S&P Quality Rankings Global Equity Managed Trust , BlackRock Global Opportunities Equity Trust , BlackRock Global Equity Income Trust , BlackRock Preferred and Equity Advantage Trust and BlackRock Enhanced Government Fund, Inc. paid the following dividends per share: Ticker Pay Date Per Share BQY May 29, 2009 $ 0.187500 BOE May 29, 2009 $ 0.568750 BFD May 29, 2009 $ 0.475000 BTZ May 29, 2009 $ 0.130000 EGF May 29, 2009 $ 0.105000
Kilroy Realty Declares Quarterly Dividends (Business Wire)
[ad#blogbox]LOS ANGELES—-Kilroy Realty Corporation announced today that its board of directors declared a regular quarterly cash dividend of $0.35 per common share payable on July 17, 2009 to stockholders of record on June 30, 2009.
Neuberger Berman Income Opportunity Fund Announces Monthly Distribution (Business Wire)
[ad#blogbox]NEW YORK—-The Board of Directors of Neuberger Berman Income Opportunity Inc. , which trades on the American Stock Exchange under ticker symbol NOX, has declared a monthly distribution of $0.05.
Neuberger Berman High Yield Strategies Fund Announces Monthly Distribution (Business Wire)
[ad#blogbox]NEW YORK—-The Board of Trustees of Neuberger Berman High Yield Strategies Fund has declared a monthly distribution of $0.085 per share. The distribution announced today is payable on June 30, 2009, has a record date of June 15, 2009 and an ex-date of June 11, 2009.
Stocks jump on commodity boost, Coca-Cola (Reuters)
[ad#blogbox]Stocks rose on Friday, capping their third straight monthly advance, as rising commodity prices lifted shares of natural resource companies, while a sliding dollar boosted the allure of multinationals, including Coca-Cola Co .