Month: September 2011

Lockheed Martin Corporation ( LMT ) has increased its quarterly dividend to $1.00 per share and has authorized purchase of up to an additional $2.5 billion of its common stock under the share repurchase program. Lockheed has increased its quarterly dividend by 33% or 25 cents from its prior dividend of 75 cents. […]

Resuscitation devices maker ZOLL Medical ( ZOLL ) reported that Massachusetts Port Authority (“Massport”) has deployed its AED Plus devices across its three airports (Boston Logan International, Hanscom Field and Worcester Regional) as well as maritime facilities located in the Port of Boston. The Massachusetts-based company has won the contract to install 145 units of such devices. […]

Cintas Corporation ( CTAS ) reported earnings of 52 cents per share for fiscal first quarter 2012 ending August 31. Results comfortably surpassed the Zacks Consensus Estimate of 47 cents and were 30% higher than 40 cents earned in the year-ago quarter. […]

Plains All American Pipeline LP ( PAA ) decided to continue with the Phase IV expansion of its St. James, Louisiana terminal facility, which was originally commissioned in 2007. The expansion is expected to be completed in the third quarter of 2012. […]

The Integrated Weapon Systems Division of Alliant Techsystems Inc. ( ATK ) has received a contract worth $37 million from the United Kingdom's Ministry of Defense (“MoD”) for the supply of lightweight (LW) 30mm ammunition. Lightweight 30mm ammunition has superior multi-role and multi-target defeat capabilities. […]

We are maintaining a long-term Neutral recommendation on Reinsurance Group of America Inc. ( RGA ). […]

Walgreen Co. ( WAG ), the largest drugstore chain in the US, recently came up with findings from the first of a two-part Walgreens Flu Impact Report series. The study reveals the impact of flu and related illness on people’s life […]

Apartment Investment and Management Company ( AIV ), or Aimco as the real estate investment trust (REIT) is popularly known, recently provided a mid-quarter update of its portfolio management activities as well as the rental rate trends exhibited by it. The company is expected to report its third quarter 2011 results in late October or early November. […]

Raytheon Company ( RTN ) has kept its focus on shareholder value through regular dividend payouts and share repurchases. In line with this policy, the company authorized the repurchase of up to an additional $2.0 billion of its outstanding common stock. The company declared a quarterly cash dividend of 43 cents per outstanding share of common stock. […]

The U.S. Energy Department's weekly inventory release showed that crude stockpiles fell sharply to reach their lowest level since January, while gasoline stocks added to their supplies. […]