On Friday, Baker Hughes Incorporated (NYSE:BHI)’s shares declined -0.92% to $58.15.
Baker Hughes Incorporated (BHI) Chairman and Chief Executive Officer Martin S. Craighead declared recently that the Baker Hughes Board of Directors declared the regular quarterly cash dividend of $0.17 per share of common stock payable September 23, 2015 to holders of record on September 2, 2015.
Baker Hughes Incorporated supplies oilfield services, products, technology, and systems to the oil and natural gas industry worldwide. The company offers drilling and evaluation products and services, which comprise drill bits for performance drilling, hole enlargement, and coring; conventional and rotary steerable systems used to drill wells; measurement-while-drilling and logging-while-drilling systems to perform reservoir navigation services; drilling optimization services; tools for coil tubing drilling and wellbore re-entry systems; coring drilling systems; surface logging; emulsion and water-based drilling fluids systems; reservoir drill-in fluids; and fluids environmental services.
HCP, Inc. (NYSE:HCP)’s shares gained 0.95% to $38.62.
HCP (HCP) declared that its Board of Directors declared a quarterly common stock cash dividend of $0.565 per share. The dividend will be paid on August 25, 2015 to stockholders of record as of the close of business on August 10, 2015.
HCP, Inc. is an independent hybrid real estate investment trust. The fund invests in real estate markets of the United States. It primarily invests in properties serving the healthcare industry counting sectors of healthcare such as senior housing, life science, medical office, hospital and skilled nursing. The fund also invests in mezzanine loans and other debt instruments.
At the end of Friday’s trade, SLM Corp(NASDAQ:SLM)‘s shares dipped -0.98% to $9.13.
With the new school year fast approaching, Upromise by Sallie Mae has raised the bar once again, offering members five percent cash back on all back-to-school purchases at hundreds of major retailers, counting Bed Bath & Beyond, Staples.com, and Walmart.com. Also, this year, shopping through Upromise could mean even more money in your pocket: From Aug. 3 through Aug. 16, Upromise will award $1,000 to a member each day and one lucky member will receive a grand prize of $10,000 in a Upromise account.
Upromise is free to join and its members have earned more than $900 million in cash back for college. Cash earned may be invested in an eligible 529 college savings plan, used to assist pay down an eligible student loan, transferred into an FDIC-insured Sallie Mae High-Yield Savings Account, or withdrawn by check. With more than 850 online partners such as Macys.com, BestBuy.com, 10,000+ local and national restaurants, and partnerships with top travel and hotel sites, Upromise is the place to save for college with everyday purchases.
SLM Corporation, together with its auxiliaries, operates as a saving, planning, and paying for Education Company in the United States. The company offers private education loans to students and their families. It also provides banking products, such as high yield savings accounts, money market accounts, and certificates of deposits; and operates a consumer savings network that offers financial rewards on everyday purchases to assist families save for college. SLM Corporation was founded in 1972 and is headquartered in Newark, Delaware.
Legg Mason Inc (NYSE:LM), ended its Friday’s trading session with 1.04% gain, and closed at $49.34.
Legg Mason, Inc. (LM) stated its operating results for the first fiscal quarter ended June 30, 2015. The Company stated net income1 of $94.5 million, or $0.84 per diluted share, as contrast to $83.0 million, or $0.73 per diluted share, in the previous quarter, and net income of $72.2 million, or $0.61 per diluted share, in the first quarter of fiscal 2015. Comprised of in this quarter’s results was a non-cash tax benefit of $18.0 million, or $0.16 per diluted share, resulting from an enhance in the value of our deferred tax assets, primarily due to changes in the New York City tax code. Adjusted income2 for the first fiscal quarter was $129.3 million, or $1.14 per diluted share, as contrast to $117.9 million, or $1.03 per diluted share, in the previous quarter and $107.2 million, or $0.91 per diluted share, in the first quarter of fiscal 2015. For the current quarter, operating revenues were $708.6 million, up 1% from $702.3 million in the preceding quarter, and up 2% contrast to $693.9 million in the first quarter of fiscal 2015. Operating expenses were $584.1 million, up 2% from $573.4 million in the preceding quarter, and up 2% contrast to $574.3 million in the first quarter of fiscal 2015.
Legg Mason, Inc. is a publicly owned asset administration holding company. The firm provides investment administration and related services to institutional and individual clients, company-sponsored mutual funds and other pooled investment vehicles through its wholly owned auxiliaries. Legg Mason, Inc. was founded in 1899 and is based in Baltimore, Maryland.
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