During Thursday’s current trade, Pier 1 Imports, Inc. (NYSE:PIR)’s shares gained 13.37%, and is now trading at $14.34, after Pier 1 declared that its Board of Directors declared a $0.07 per share quarterly cash dividend on the Corporation’s outstanding shares of ordinary stock. The $0.07 quarterly cash dividend will be paid on May 6, 2015, to shareholders of record on April 22, 2015, and represents a 17% raise from the $0.06 cash dividend paid in the preceding period.
Pier 1 Imports, Inc. is engaged in the retail sale of decorative home furnishings, furniture, gifts, and related products. It sells various decorative accessories, such as decorative accents and textiles comprising rugs, pillows, bedding, lamps, vases, dried and artificial flowers, baskets, ceramics, dinnerware, bath and fragrance products, candles, seasonal, and gift products.
Sirius XM Holdings Inc. (NASDAQ:SIRI)’s shares jumped 0.51% during the current trading session Thursday, and is now trading at $3.92, as SiriusXM declared that it plans to declare first quarter 2015 financial and operating results on Tuesday, April 28, 2015.
SiriusXM will hold a conference call at 8:00 am ET on Tuesday, April 28, to talk about these results. Investors and the press can listen to the conference call via the corporation’s website at investor.siriusxm.com.
Sirius XM Holdings Inc., through its auxiliaries, provides satellite radio services in the United States. The corporation broadcasts music plus sports, entertainment, comedy, talk, news, traffic, and weather programs, counting various music genres ranging from rock, pop and hip-hop to country, dance, jazz, Latin, and classical; live play-by-play sports from principal leagues and colleges; multitude of talk and entertainment channels for various audiences; national, international, and financial news; and local traffic reports for 22 metropolitan markets.
During an afternoon trade, MGM Resorts International (NYSE:MGM)’s shares climbed 2.08%, and is now trading at $22.04, after MGM Resorts and Infinity World Development Corp, declared a special dividend and the adoption of an annual distribution policy by CityCenter Holdings, LLC. CityCenter approved a $400 million special dividend, which will be paid on or about April 30, 2015. The owners will each receive $200 million, representing their pro rata share. In addition, CityCenter has approved the adoption of a regular dividend policy following which it will make annual distributions of up to 35% of excess cash flow subject to approval by the CityCenter board of directors.
“CityCenter is a rapidly appreciating asset and has demonstrated noteworthy operating growth since opening,” said Jim Murren, Chairman and CEO of MGM Resorts International and Chairman of CityCenter. “Both members believe that CityCenter’s strong financial position and future free cash flow profile firmly positions it to start to return capital to its shareholders.”
“We are happy that the improving Las Vegas hospitality market and raised recognition of the attributes of Aria and CityCenter has enabled us to declare this distribution to the shareholders,” said Bill Grounds, President and COO of Infinity World Development Corp.
MGM Resorts International, through its auxiliaries, owns and/or operates casino resorts. It operates through two segments, Wholly Owned Domestic Resorts and MGM China. The corporation’s casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities.
Sprint Corporation (NYSE:S), during its Thursday’s current trading session lost -0.10%, and is now trading at $4.91, as Tomorrow Sprint (S) will more than double its corporation-owned retail footprint by opening 1,435 Sprint-RadioShack stores. The expansion will right away give more customers across the country improved access to Sprint’s unique and industry-exclusive leasing programs, unlimited plans and Boost and Virgin Mobile prepaid offerings.
With the new RadioShack store network, recently attaind by General Wireless, Sprint is further investing in communities across the country, and startning the process to:
- Exclusively sell mobile devices across Sprint’s postpaid and prepaid portfolio, counting the in-store availability of the Samsung Galaxy S 6, together with other RadioShack products and accessories
- Transform the customer store experience as it works to complete its “store-within-a-store” concept over the next several months
- Co-brand all of the locations with Sprint-branded storefronts and marketing materials
- Create and preserve jobs in communities across the country.
Sprint Corporation provides wireless and wireline communications services to consumers, businesses, and government users in the United States, Puerto Rico, and the U.S. Virgin Islands. It operates in two segments, Wireless and Wireline.
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