On Wednesday, Shares of Century link Inc (NYSE:CTL), lost -0.59% to $28.43.
CenturyLink, declared that its Board of Directors voted to declare a regular quarterly cash dividend of $0.54 per share on December 8, 2015, to shareholders of record on November 24, 2015.
Century Link, Inc. provides various communications services to residential, business, governmental, and wholesale customers in the United States. It operates through two segments, Business and Consumer. The company offers broadband services, which allow customers to connect to the Internet through their existing telephone lines or fiber-optic cables; private line services for transmission of large amounts of data between sites; and multi-protocol label switching, a data networking technology to support real-time voice and video.
Shares of Skyworks Solutions Inc (NASDAQ:SWKS), declined -1.58% to $79.10, during its last trading session.
Skyworks Solutions, declared that its Board of Directors has authorized the repurchase of up to $400 million of the company’s common stock from time to time preceding to November 10, 2017, on the open market or in privately negotiated transactions, in compliance with applicable securities laws and other legal requirements. This newly authorized stock repurchase program replaces in its entirety the $300 million stock repurchase program which was approved by the Board of Directors on November 11, 2014, and had $62.6 million of repurchase authority remaining.
The timing and amount of any shares of the company’s common stock that are repurchased will be determined by the company’s administration based on its evaluation of market conditions and other factors. The repurchase program may be suspended or suspended at any time. Any repurchased shares will be available for use in connection with its stock plans and for other corporate purposes.
The company presently anticipates to fund the repurchase program using the company’s working capital. As of October 2, 2015, the company had cash and cash equivalents of about $1,043.6 million.
Skyworks Solutions, Inc., together with its auxiliaries, designs, develops, manufactures, and markets analog and mixed signal semiconductors worldwide. Its product portfolio comprises amplifiers, attenuators, battery chargers, circulators, DC/DC converters, demodulators, detectors, diodes, directional couplers, filters, front-end modules, hybrids, infrastructure radio frequency subsystems, isolators, LED drivers, mixers, modulators, optocouplers, optoisolators, phase shifters, phase locked loops/synthesizers/VCOs, power dividers/combiners, power administration devices, receivers, switches, technical ceramics, and voltage regulators.
Finally, Shares of Brookdale Senior Living, Inc. (NYSE:BKD), ended its last trade with -2.57% loss, and closed at $22.36.
Brookdale Senior Living Inc., stated financial and operating results for the third quarter of 2015. Highlights comprised:
- Cash From Facility Operations (“CFFO”) of $0.59 per share for the third quarter of 2015, a decline from $0.60 per share in the second quarter of 2015, not taking into account integration, transaction, transaction-related and electronic medical records (“EMR”) roll-out costs in both periods.
- Average occupancy for all merged communities in the third quarter of 2015 of 86.7%, an improvement of 20 basis points from the second quarter of 2015, with September monthly average occupancy of 86.8%, an improvement of 50 basis points from the average for the month of June 2015.
- Adjusted EBITDA of $227.2 million in the third quarter of 2015, a 1.2% decrease from the second quarter of 2015, not taking into account integration, transaction, transaction-related and EMR roll-out costs in both periods.
Andy Smith, Brookdale’s CEO, said, “Brookdale’s third quarter CFFO was in line with our expectations. With much of the integration activity behind us, our operations continue to normalize. We built occupancy during the quarter, aided by normal seasonal promotional activity, particularly in the Emeritus portfolio, resulting in same store revenue per occupied unit growth of 1.7% for the third quarter. At the same time, we achieved solid expense control and increasing operating expense synergies. We are encouraged by the advancements we are seeing in the business and excited about our national brand campaign launched three weeks ago.”
Brookdale Senior Living Inc. owns and operates senior living communities in the United States. It operates through five segments: Retirement Centers, Assisted Living, Ongoing Care Retirement Communities (CCRCs) Rental, Brook dale Ancillary Services, and Administration Services.