Badger Meter, an innovator in flow measurement, said its review of options to enhance shareholder value has been completed. The company had decided to introduce a 15% increase in the cash dividend payment and increase the number of shares outstanding through a 2-for-1 stock split. The Board of Directors increased[Read More…]
Dunkin’ Brands Group said Thursday that it signed a multi-unit store development agreement with two existing franchise groups to develop nine Dunkin’ Donuts restaurants and one multi-brand unit with Baskin-Robbins in Alabama over the next several years. Existing franchisee Bluemont Group, LLC said it plans to develop five new Dunkin’[Read More…]
Vail Resorts will acquire Whistler Blackcomb Holdings in a deal the ski-resort companies value at about Canadian $1.4 billion ($1.1 billion). In what the companies call a “strategic business combination,” Vail will pay C$17.50 per share in cash and 0.0975 share of Vail Resorts common stock for each share of[Read More…]
Shares of FleetCor Technologies touched a new record high Friday after the company reported late Thursday Q2 results that narrowly beat forecasts, raised its FY16 guidance and said it acquired Travelcard Nederland from LeasePlan Corp for an undisclosed amount. The provider of fuel card and payments products said Q2 adjusted[Read More…]
Chesapeake Energy said sales plunged year-over-year, missing estimates, while the per-share net loss was worse than expected. The company, which has a market cap of $3.84 billion, said second-quarter sales fell 54% to $1.622 billion, below estimates for $1.93 billion. The net loss was $0.14, missing estimates for a loss[Read More…]
