Finance Headlines

Six Flags beats Street 3Q forecasts

GRAND PRAIRIE, Texas (AP) _ Six Flags Entertainment Corp. (SIX) on Tuesday reported third-quarter net income of $105 million. On a per-share basis, the Grand Prairie, Texas-based company said it had net income of $1.08. Earnings, adjusted for stock option expense, were $1.56 per share. The results topped Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment ...


Fitch Affirms Philadelphia Int'l Airport Revs at 'A'; Outlook Stable

CHICAGO--(BUSINESS WIRE)-- Fitch Ratings has affirmed Philadelphia, Pennsylvania's $1.315 billion in outstanding airport revenue bonds at 'A'. The Rating Outlook is Stable. KEY RATING DRIVERS: The 'A' rating reflects Philadelphia International Airport's (PHL, or the airport) role in providing air service to a stable and large service area that generates a solid base of origination & ...


CAPE BANCORP, INC. FILES (8-K) Disclosing Other Events, Financial Statements and Exhibits

Item 8.01 Other Events On October 20, 2014, the Board of Directors of Cape Bancorp, Inc. (the "Company") approved a cash dividend on the Company's common stock of $0.06 per share. The dividend will be payable to stockholders of record as of November 3, 2014 and is expected to be paid on or about November 18, 2014. The Company has issued a press release regarding the cash dividend. A copy of ...


SIX FLAGS ENTERTAINMENT CORP FILES (8-K) Disclosing Results of Operations and Financial Condition, Other Events

Item 2.02 Results of Operations and Financial Condition. On October 21, 2014, Six Flags Entertainment Corporation (the "Company") issued a press release announcing its financial results for the third quarter ended September 30, 2014. A copy of the press release is furnished as Exhibit 99.1. This information shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act ...


Fitch Publishes U.S. CMBS Focus Report on BSCMS 2007-TOP28

NEW YORK--(BUSINESS WIRE)-- Fitch Ratings has published its U.S. CMBS Focus Performance Report on Bear Stearns Commercial Mortgage Trust (BSCMS) 2007-TOP28. The report provides a detailed and up-to-date perspective on key credit characteristics of the BSCMS 2007-TOP28 transaction and property-level performance of the related trust loans. The report is available at 'www.fitchratings.com' under ...


The Manitowoc Company, Inc. Board of Directors Approves 8-Cent Per Share Annual Dividend

MANITOWOC, Wis.--(BUSINESS WIRE)-- At its meeting today, the Board of Directors of The Manitowoc Company, Inc. (NYSE: MTW), declared a cash dividend of 8 cents per share of common stock, payable on December 10, 2014, to shareholders of record on November 28, 2014. About The Manitowoc Company, Inc. Founded in 1902, The Manitowoc Company, Inc. is a multi-industry, capital goods manufacturer with ...


Century Communities Announces $120 Million Unsecured Revolving Credit Facility

- Accordion Feature Allows Expansion to $200 Million - GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)-- Century Communities, Inc. (NYSE:CCS) (the “Company”), a leading builder of upscale single-family homes, townhomes and flats in select markets, today announced, that it has entered into a new three year, $120 million senior unsecured credit facility with an accordion feature allowing the Company ...


Energy Transfer Equity Announces Eighth Consecutive Quarterly Cash Distribution Increase

Distribution per Unit Up More Than 23% Compared to Same Period Last Year Earnings Release and Earnings Call Dates Also Announced DALLAS--(BUSINESS WIRE)-- Energy Transfer Equity, L.P. (NYSE: ETE) today announced that its Board of Directors has approved a $0.035 increase in its quarterly cash distribution to $0.415 per ETE common unit for the third quarter ended September 30, 2014, or $1.66 per ...


River Valley Bancorp Announces Earnings for the Quarter Ended September 30, 2014

MADISON, Ind.--(BUSINESS WIRE)-- River Valley Bancorp (NASDAQ:RIVR), an Indiana corporation (the “Corporation”) and holding company for River Valley Financial Bank, based in Madison, Indiana announced today earnings for the third quarter ended September 30, 2014. Net income for the quarter ended September 30, 2014 was $1.12 million, or $0.42 per share. Net income for the like period in 2013 ...


CN reports Q3-2014 net income of C$853 million, up 21 per cent from year-earlier net income of C$705 million

Q3-2014 diluted earnings per share (EPS) of C$1.04 increased 21 per cent over adjusted diluted Q3-2013 EPS of C$0.86 (1) CN generated record quarterly revenues and improved operating ratio to 58.8 per cent MONTREAL, Oct. 21, 2014 /CNW Telbec/ - CN (TSX: CNR) (NYSE: CNI) today reported its financial and operating results for the third quarter and nine-month period ended Sept. 30, 2014. ...


US stocks log biggest gain of the year; Apple up

NEW YORK (AP) — The stock market had its best day of the year as investors applauded solid earnings from U.S. companies and economic growth in China. It was the fourth straight gain for the Standard & Poor's 500. The index climbed 37 points, or 2 percent, to 1,941. The market has now clawed back much of the ground it lost over the last two weeks. The S&P 500 is still 3.5 percent below the ...


SURNA INC. FILES (8-K) Disclosing Unregistered Sale of Equity Securities, Regulation FD Disclosure, Financial Statements and Exhibits

Item 3.02 Unregistered Sales of Equity Securities On October 16, 2014, Surna Inc. (the "Company") closed its private placement of convertible promissory notes (the "Notes"). The Company issued Notes to investors in the aggregate principle amount of $1,324,283; of which $759,283 had been issued during the period ended June 30, 2014, as disclosed in the Company's 10-Q filed August 14, 2014. The ...


United Continental Holdings, Inc. Announces Call for Optional Redemption of 6.0% Convertible Senior Notes Due 2029

CHICAGO, Oct. 21, 2014 /PRNewswire/ -- United Continental Holdings, Inc. (NYSE: UAL) today announced that it is notifying holders of its 6.0 percent Convertible Senior Notes due 2029 (the "Notes"), which, as of Oct. 20, 2014, had an outstanding principal amount of $56,216,000, that it has elected to effect an optional redemption of all of the outstanding Notes on Nov. 25, 2014 (the "Redemption ...


Nicholas Financial is Considering Various Financial Initiatives

CLEARWATER, Fla., Oct. 21, 2014 (GLOBE NEWSWIRE) -- Nicholas Financial, Inc., (the "Company") (Nasdaq:NICK) today announced that the Board of Directors of the Company is considering various strategic financial initiatives to increase return on shareholder investment, including (but not limited to) undertaking a share repurchase program or self-tender offer, initiating a cash dividend program, ...


FIFTH THIRD BANCORP FILES (8-K) Disclosing Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant On October 20, 2014, Fifth Third Bancorp ("Fifth Third") entered into a share repurchase agreement with Deutsche Bank AG, London Branch, with Deutsche Bank Securities Inc. acting as agent ("DB") pursuant to which Fifth Third will purchase approximately $180 million of its ...


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