The EUR USD is trading higher at the mid-session but traders remain cautious about the long side. Although the European Union and the International Monetary Fund are working out a loan bailout agreement, traders are likely to remain skeptical about the Euro until the details of the plan are revealed.
Comcast Corporation (NASDAQ: CMCSA, CMCSK) reported earnings per share (EPS) for the quarter ended March 31, 2010 was $0.31, a 14.8% increase from the $0.27 reported in the first quarter of 2009. analysts average $0.30. CMCSA beats by $0.01.
Revenue increased 3.8% in the first quarter of 2010 to $9.2 billion, while Operating Cash Flow increased 3.5% to $3.6 billion. This growth was due to solid operating results across all segments, partially offset by higher expenses.
Comcast Corporation (Nasdaq: CMCSA, CMCSK) (www.comcast.com) is one of the nation’s leading providers of entertainment, information and communication products and services.
**********
Huntington Bancshares Incorporated (Nasdaq: HBAN) board of directors declared a quarterly cash dividend on its common stock (Nasdaq: HBAN) of $0.01 per common share. The dividend is payable July 1, 2010, to shareholders of record on June 17, 2010.
Huntington Bancshares Incorporated is a $53 billion regional bank holding company headquartered in Columbus, Ohio
***
The board of directors of Eli Lilly and Company (NYSE: LLY) declared a dividend for the second quarter of 2010 of $0.49 a share on outstanding common stock. The dividend is payable June 10, 2010 to shareholders of record at the close of business on May 14, 2010.
Eli Lilly and Company develops, manufactures, and sells pharmaceutical products worldwide.
***
Southern Company (NYSE: SO) declared it is increasing its annual dividend rate by 4 percent, to $1.82 per share. The increase, totaling 7 cents per share on an annual basis, marks the ninth straight year that Southern Company has raised the dividend on its common stock.
Southern Company also declared a regular quarterly dividend, “including an increase of 1 3/4 cents per share on a quarterly basis” of 45 1/2 cents per share, payable June 5, 2010, to shareholders of record May 3, 2010. This marks 250 consecutive quarters, dating back to 1948, that Southern Company will have paid a dividend to its shareholders.
With 4.4 million customers and more than 42,000 megawatts of generating capacity, Atlanta-based Southern Company (NYSE: SO) is the premier energy company serving the Southeast.
***
***
For more information, visit www.cdtv.net
Disclosure: No positions
