On Thursday, PACCAR Inc (NASDAQ:PCAR)’s shares declined -0.05% to $62.90.
PACCAR Inc’s (PCAR) Board of Directors today declared a nine percent increase to the regular quarterly cash dividend to twenty-four cents ($.24) per share from twenty-two cents ($.22), payable on September 4, 2015, to stockholders of record at the close of business on August 14, 2015.
“The increase in the quarterly dividend reflects PACCAR’s excellent operating results,” said Mark Pigott, PACCAR executive chairman. “In the first quarter of 2015, net income increased to $378.4 million ($1.06 per diluted share) as a result of increased truck sales in North America and Europe, and growth in financial services assets and aftermarket revenues worldwide.” PACCAR has earned a net profit for 76 consecutive years and has paid a dividend every year since 1941. PACCAR has increased its regular quarterly dividend by over 165% in the last 6 years.
PACCAR Inc, together with its auxiliaries, designs, manufactures, and distributes light, medium, and heavy-duty trucks and related aftermarket parts worldwide. It operates through three segments: Truck, Parts, and Financial Services. The Truck segment offers its trucks for use in the over-the-road and off-highway hauling of freight, petroleum, wood products, and construction and other materials to independent dealers under the Kenworth, Peterbilt, and DAF nameplates.
HCP, Inc. (NYSE:HCP)’s shares dropped -0.61% to $37.64.
HCP (HCP) will report its second quarter 2015 financial results on Tuesday, August 4, 2015, before the open of trading on the New York Stock Exchange. HCP will also host a conference call and webcast at 9:00 a.m. Pacific Time (12:00 p.m. Eastern Time) that same day in order to review its financial performance and operating results for the quarter ended June 30, 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.
At the end of Thursday’s trade, Caesars Entertainment Corp (NASDAQ:CZR)‘s shares surged 3.94% to $6.33.
Caesars Entertainment Corporation (CZR) declared that Mark Frissora has assumed the role of President and Chief Executive Officer, effective recently. This declarement completes the transition plan formerly declared by Caesars Entertainment in February 2015. Frissora joined Caesars Entertainment in February as President and CEO designate.
As President and CEO, he continues to report to the Board of Directors of Caesars Entertainment. Frissora also joined the Board in February. Effective right away, Frissora also becomes President and CEO of Caesars Enterprise Services (CES) and joins the CES Steering Committee.
Caesars Entertainment Corporation, through its auxiliaries, provides casino-entertainment and hospitality services in the United States and internationally. It operates in four segments: Caesars Entertainment Resort Properties, Caesars Growth Partners Casino Properties and Developments, Caesars Interactive Entertainment, and Caesars Entertainment Operating Company.
Dicks Sporting Goods Inc (NYSE:DKS), ended its Thursday’s trading session with -2.33% loss, and closed at $50.04.
DICK’S Sporting Goods (DKS), the largest U.S.-based, full-line omni-channel sporting goods retailer, will be opening its first All-American Sports Center on Thursday, July 23rd at McGowin Park in Mobile, Alabama (1390 Tingle Circle West).
The All-American Sports Center features a DICK’S Sporting Goods and a Field & Stream store in one location under the same roof. Customers benefit from an expanded assortment and the ability to move between the two stores once inside, creating a unique, exciting shopping experience.
Dick’s Sporting Goods, Inc. operates as a sporting goods retailer primarily in the eastern United States. The company provides hardlines, counting sporting goods equipment, fitness equipment, golf equipment, and hunting and fishing gear products; apparel; and footwear products and accessories. It also owns and operates Golf Galaxy, Field & Stream, and True Runner specialty stores; and DICKS.com and golfgalaxy.com eCommerce Websites. As of January 31, 2015, it operated about 603 DICK’S Sporting Goods stores in 46 states; 78 Golf Galaxy stores in 29 states; 10 Field & Stream stores in 5 states; and 3 True Runner stores in 3 states.
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