HSBC Finance Corporation Declares Dividend for Holders of Series B Preferred Stock

City of Industry, CA METTAWA, Ill.–(BUSINESS WIRE)–HSBC Finance Corporation announced today that its board of directors declared the regular quarterly cash dividend on the company’s Series B preferred stock of $0.3975 per depositary share payable March 15, 2010, to shareholders of record on March 4, 2010. HSBC Finance Corporation, through its subsidiaries, provides credit cards and private label credit cards, taxpayer financial services and specialty insurance products, as well as servicing its liquidating portfolio of auto, real estate secured and unsecured loans. HSBC Finance is a subsidiary of HSBC North America Holdings Inc., one of the ten largest financial services companies in the United States. [Read the full article] {loadposition in-article}

HOUSTON–(BUSINESS WIRE)–McDermott International, Inc. (NYSE: MDR – News) (“McDermott” or the “Company”) announced today that it plans to release financial results for the fourth quarter of 2009 during the evening of Monday, March 1, 2010. The Company will host its quarterly conference call with the financial community the following morning, Tuesday, March 2 at 10:00 a.m. (ET). The Company invites investors and other interested individuals to listen to the call live or to the replay, both available on McDermott’s website,, in the investor relations section.

McDermott is an engineering and construction company, with specialty manufacturing and service capabilities, focused on energy infrastructure. McDermott’s customers are predominantly utilities and other power generators, major and national oil companies, and the United States Government. [Read the full article]

ALLEN, Texas (AP) — Medical products maker Atrion Co. said Friday its fourth-quarter profit fell on higher expenses, including a pension plan settlement charge. The company earned $3.6 million, or $1.78 per share, compared with profit of $3.9 million, or $1.94 per share, during the same period a year earlier. Revenue rose to $24.4 million from $23.6 million.

For the full year, the company earned $16.8 million, or $8.36 per share, compared with profit of $15.7 million, or $7.82 per share, in 2008. Revenue rose to $100.6 million from $95.9 million. [Read the full article]

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