On Tuesday, in the course of current trade, Shares of Popular Inc (NASDAQ:BPOP), climbed 1.14%, and is now trading at $33.87.
Popular, declared that it has declared the following monthly cash dividends on its outstanding shares of Non-cumulative Monthly Income Preferred Stock:
- a monthly cash dividend of $0.1328125 per share of 6.375% Non-cumulative Monthly Income Preferred Stock, 2003 Series A, payable on June 30, 2015 to holders of record as of June 15, 2015; and
- a monthly cash dividend of $0.171875 per share of 8.250% Non-cumulative Monthly Income Preferred Stock, Series B, payable on June 30, 2015 to holders of record as of June 15, 2015.
Popular, Inc., through its auxiliaries, provides various retail and commercial banking products and services primarily to institutional and retail customers. The company accepts various deposit products.
During an Afternoon trade, Shares of Magnum Hunter Resources Corp (NYSE:MHR), dipped 0.00%, and is now trading at $ 1.63.
Magnum Hunter Resources, declared that it has declared a monthly cash dividend on the Company’s 10.25% Series C Cumulative Perpetual Preferred Stock, a monthly cash dividend on the Company’s 8.0% Series D Cumulative Preferred Stock and a monthly cash dividend on the Company’s 8.0% Series E Cumulative Convertible Preferred Stock. The outstanding shares of Series E Preferred Stock are represented by depositary shares, each representing a 1/1,000th interest of a share of Series E Preferred Stock.
The dividend on the Series C Preferred Stock, which is for the month of June 2015, is payable on June 30, 2015, to holders of record at the close of business on June 15, 2015. The payment will be an annualized 10.25% per share, which is equivalent to about $0.2135 per share, based on the $25.00 per share liquidation preference of the Series C Preferred Stock. The Series C Preferred Stock is presently listed on the NYSE MKT and trades under the ticker symbol “MHR.PRC”.
Magnum Hunter Resources Corporation, an independent oil and gas company, explores for, exploits, acquires, develops, and produces crude oil, natural gas, and natural gas liquid resources in the United States.
Shares of DAVIDs TEA Inc. (NASDAQ:DTEA), during its Tuesday’s current trading session raised 1.94%, and is now trading at $ 29.37.
DAVIDs TEA, declared that trading of DAVIDsTEA (DTEA) commenced on The Nasdaq Stock Market on June 5, 2015.
“A passionate brand like DAVIDsTEA brings cultures together through the modernization of consumer tea products,” said Nelson Griggs, Executive Vice President, Listing Services, Nasdaq. “DAVIDsTEA represents what it means to be a Nasdaq listed company, and we are looking forward to celebrating its future successes.”
By listing with Nasdaq, DAVIDsTEA joins some of the world’s largest and most revolutionary companies. Nasdaq is the exchange of choice to 60 percent of consumer companies listed on the U.S. markets year to date. DAVIDsTEA joins over 48 companies headquartered in Canada listed on Nasdaq.
Founded in 2008, DAVIDsTEA has grown from a Canadian based company to a global franchise in North America with more than 150 retail outlets. DAVIDsTEA offers over 150 types of tea, counting exclusive blends, limited edition seasonal collections, traditional straight teas and exotic infusions from around the globe. Headquartered in Montreal, Quebec, the company is committed to sustainable business practices and dedicated to longstanding community involvement.
Finally, Navistar International Corp (NYSE:NAV), lost 3.41% Tuesday, hitting its highest level.
Navistar International, declared a second quarter 2015 net loss of $64 million, or $0.78 per diluted share, contrast to a second quarter 2014 net loss of $297 million, or $3.65 per diluted share. Revenues in the quarter were $2.7 billion. Chargeouts in the company’s core markets (Class 6-8 trucks and buses in the United States and Canada) were up 38 percent over last quarter.
Second quarter 2015 EBITDA was $85 million as compared to an EBITDA loss of $119 million in the same period one year ago. The $204 million year-over-year improvement was driven by an enhance in truck segment sales, favorable product mix and the continuation of lower warranty expense and cost reductions. Preceding year results comprised of $149 million in asset impairment charges related to the company’s South American engine operations.
Navistar International Corporation manufactures and sells commercial and military trucks, diesel engines, and school and commercial buses; and provides service parts for trucks and diesel engines worldwide. It operates through four segments: North America Truck, North America Parts, Global Operations, and Financial Services.
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