Strong Results From Winnebago; Rubio's Restaurants Receives $8 Offer Thursday, October 15, 2:08 PM ET
Rubio's Restaurants (RUBO) announced it received an unsolicited offer to acquire all outstanding common shares for 8 dollars each. Shares jumped a dollar 80, to trade 20 cents shy of the 8 dollar mark, up 30% Thursday morning.
Shares of Winnebago Industries (NYSE:WGO) advanced about 11%, after the motor home maker reported results for its quarter ended August 29. Revenue tumbled 30% year over year, and the company posted a net loss of a dollar 73 per share. But excluding a non-cash charge related to deferred tax assets, the company would have lost just 19 cents, compared to a 44 cent loss in the same quarter last year. Winnebago also landed a new credit facility with Burdale Capital Finance, after the previous facility with Wells Fargo (NYSE:WFC) was terminated. The new three year facility gives Winnebago the ability to borrow up to $12.5 million without financial covenant restrictions, if there is adequate asset coverage.
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Brazil ETF Trading Heavy Volume Tuesday, September 7, 11:16 AM ET, by Market News Video Staff The iShares MSCI Brazil Index Fund (EWZ) is number 8 on ETFChannel.com's "High Volume ETFs" ...
Weekly ETF Leaders and Laggards: EMFN, AXIT Friday, September 3, 4:19 PM ET, by Market News Video Staff The iShares MSCI Emerging Markets Financials Sector Index Fund ETF (EMFN) outperformed other ETFs this ...
Cascade Doubles Dividend Thursday, September 2, 4:38 PM ET, by Market News Video Staff Cascasde Corporation (CASC) declared its quarterly dividend of 10 cents per share, an increase of ...
Daxor Continues To Pay Dividends Thursday, September 2, 1:33 PM ET, by Market News Video Staff This morning, Daxor Corporation (DXR) declared its quarterly dividend of 25 cents per share, an ...
HCC Insurance Boosts Dividend Payments By 7% Thursday, September 2, 1:27 PM ET, by Market News Video Staff Yesterday, HCC Insurance (HCC) declared its quarterly dividend of 14.5 cents per share, an increase ...
Yield Update Wednesday, September 1, 4:35 PM ET, by Market News Video Staff John Hancock Tax Advantaged Dividend (HTD) maintained its monthly dividend of 9.1 cents per share. ...
Daily Dividend Announcements Wednesday, September 1, 4:30 PM ET, by Market News Video Staff Hillenbrand Incorporated (HI) maintained its quarterly dividend of 18.75 cents per share. The dividend is ...
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