11 September, 2014 by The TZ Newswire Staff Comments Off on Lexington Realty Trust Shines With 6%-Plus Dividend
Lexington Realty Trust Shines With 6%-Plus Dividend
Shares of Lexington Realty Trust haven’t impressed lately, but its dividend has. Lexington (LXP), a real estate investment trust (REIT), pays a quarterly dividend of 17 cents a share for an annualized yield of over 6%. Lexington says that its yield is higher than other REITs’ average yield. The firm has increased its dividend 70% the past four years.
11 September, 2014 by The TZ Newswire Staff Comments Off on After-hours buzz: Hertz, Ulta, ADS & more
After-hours buzz: Hertz, Ulta, ADS & more
Check out which companies are making headlines after the bell Thursday: Hertz, Ulta, ADS & more.
11 September, 2014 by The TZ Newswire Staff Comments Off on Equinix Offers Trading Firms Access to Atomic Clock Timestamp
Equinix Offers Trading Firms Access to Atomic Clock Timestamp
Equinox, a provider of market data centers, announced it is bringing its clients “High Precision Time” via connectivity provider Perseus Telecom to each point of the globe. Each data center will now offer a standardized time-stamping service linked to the atomic clock for electronic trading.
11 September, 2014 by The TZ Newswire Staff Comments Off on JPM’s Dimon finishes cancer treatments: Report
JPM’s Dimon finishes cancer treatments: Report
Jamie Dimon finished his scheduled rounds of radiation and chemotherapy treatment this week, WSJ reported.
11 September, 2014 by The TZ Newswire Staff Comments Off on Buffett called Hatch to gauge U.S. tax inversion policy
Buffett called Hatch to gauge U.S. tax inversion policy
Billionaire investor Warren Buffett called U.S. Senator Orrin Hatch to gauge Congress’s direction on curbing tax inversions, the senator said today.
11 September, 2014 by The TZ Newswire Staff Comments Off on Lululemon shoots up on ‘better than feared’ revenue
Lululemon shoots up on ‘better than feared’ revenue
Earnings per share were 33 cents compared to a 30 cent estimate. In a statement on the results CEO Laurent Potdevin said, “While there is still much to be done, we are making meaningful progress on building a scalable foundation for our next phase of global growth.” As Potdevin alluded it has been a rough year for Lululemon. Billionaire founder Chip Wilson then got into hot water when he blamed the sheerness on the shape of women’s bodies.
11 September, 2014 by The TZ Newswire Staff Comments Off on RadioShack says may file for bankruptcy
RadioShack says may file for bankruptcy
RadioShack, whose sales have been in free-fall since 2010 as it struggles to compete with internet retailers, said in a regulatory filing it was working with its lenders and landlords to restructure its debt and cut costs. RadioShack shares, which are in danger of being delisted from the New York Stock Exchange, were up 2 percent at 95 cents in volatile early trading.