Month: August 2011

To return more val ue to shareholders, the board o f directors of Airgas, Inc. ( ARG ) has authorized an increase of 10.3% in its quarterly dividend. The increased dividend of 32 cents per share is expected to be paid on September 30 to shareholders of record as on September 15. […]

In June, home prices were mixed. The Case-Schiller Composite 10 City index (C-10) rose a slight 0.04% on a seasonally adjusted basis, and is down 3.85% from a year ago. The broader Composite 20 City index (which includes the cities in the C-10) edged down by 0.06% on the month and is down 4.55% from a year ago […]

Brazilian miner Vale S.A ( VALE ) recently announced its plan for processing 80Mt of iron ore waste from tailings dams in Minas Gerais state in Brazil. Studies proved that huge tones of iron ore waste has been lying for decades in eight tailings dams in the state. Recognizing production possibility from the huge potential waste, the company announced to recover 31Mt of ore. […]

Global payment services provider Western Union Co. ( WU ) has announced the formation of a new unit named Western Union Ventures, which will feature the company’s new-age service offerings to customers. After the introduction of the new unit, Western Union will have three reporting segments– Consumer Money Transfer business, Western Union Ventures and Business-to-Business Payments […]

The Federal Reserve has announced to hold public hearings on the proposed acquisition of ING Direct USA, the online banking unit of Amsterdam-based ING Groep NV ( ING ), by Capital One Financial Corp. ( COF ). […]

Progressive Corp. ( PGR ) holds a dominant position in product, service and distribution innovation, especially in Personal Auto. The company continues to focus on customer retention as well as actively manage its capital position and return wealth to its shareholders. […]

Quality Systems ’ ( QSII ) wholly-owned subsidiary NextGen Healthcare’s inpatient solutions were recently selected by Mississippi-based Montfort Jones Memorial Hospital (“MJMH”). Under the collaboration, MJMH will deploy NextGen’s in-patient products such as the NextGen Inpatient Financials and NextGen Inpatient Clinicals in early 2012 to facilitate its migration to an automated healthcare IT platform. […]