Senior Housing Properties Trust Fourth Quarter Conference Call Scheduled for Thursday, February 18th
Senior Housing Properties Trust (NYSE: SNH – News) today announced that it will host a conference call in conjunction with the announcement of its fourth quarter 2009 financial results.
SNH plans to issue a press release containing its fourth quarter 2009 financial results after the NYSE closes on Thursday, February 18, 2010. Later that afternoon, at 5:00 p.m. Eastern Time, David Hegarty, President and Chief Operating Officer, and Richard Doyle, Chief Financial Officer, will host a conference call to discuss the fourth quarter 2009 results. Following the company remarks, there will be a short question and answer period.
The conference call telephone number is (866) 454-4209. Participants calling from outside the United States and Canada should dial (913) 312-1378. No pass code is necessary to access the call from either number. [Read the full article]
Online travel company Expedia Inc. moved to a fourth-quarter profit Thursday, helped by increased gross bookings.
The bookings results are an encouraging sign for the travel sector, which has struggled during the economic downturn as business and leisure travelers tightened their spending.
Expedia also declared its first-ever quarterly dividend. But the earnings results, which surpassed Wall Street’s expectations, did little to cheer investors. The company’s stock dropped $1.24, or 5.6 percent, to $21 in afternoon trading. The shares have traded in a range of $6.31 to $27.51 over the past year.
Michael Millman of Millman Research Associates said investors may have been reacting to their first take on Expedia’s revenue margin, which is how much revenue Expedia took in as a percentage of bookings. The figure shrank 1.6 percentage points in the quarter. [Read the full article]
The MDU Resources Group, Inc. (NYSE: MDU – News) Board of Directors today declared quarterly dividends on the company common and preferred stock.
The dividend for common stock is 15.75 cents per share, unchanged from the previous quarter. Dividends for preferred stock are:
$1.12-1/2 per share on 4.50 percent Series Preferred $1.17-1/2 per share on 4.70 percent Series Preferred $1.27-1/2 per share on 5.10 percent Series Preferred
MDU Resources Group, Inc., a Fortune 500 company and a member of the S&P MidCap 400 index, provides value-added natural resource products and related services that are essential to energy and transportation infrastructure, operating in three core lines of business: energy, utility resources and construction materials. [Read the full article]
Oil transporter Hornbeck Offshore Services Inc. reported Thursday that its fourth-quarter profit fell 73 percent to $9.3 million as sales plunged 27 percent.
The earnings for the three-month period ended Dec. 31 were equivalent to 34 cents a share, compared to a profit of $34.6 million, or $1.29 a share, a year earlier.
Analysts surveyed by Thomson Reuters, who generally exclude one-time items from their estimates, were expecting fourth-quarter earnings of 33 cents a share on revenue of $88.4 million.
Full-year profit came to $50.4 million, or $1.87 a share, compared to a profit of $115.8 million, or $4.29 a share, a year earlier. Annual revenue fell to $385.9 million from $432.1 million a year earlier.
Analysts expected 2010 earnings of $2.48 a share, and typically exclude one-time items in their estimstes.
Copyright © 2010 The Associated Press. All rights reserved. [Read the full article]