$XLNX FY15 10-K: As of March 28, 2015, had 3,451 employees vs. 3,500 as FY14-end. On March 10, 2015, BoD declared cash dividend of $0.31 per common share for 1Q16. Paid $306.2MM in cash dividends to stockholders, representing $1.16 per common share. Repurchased 15.3MM common shares for approx. $650MM.
Well this is big! I don’t know if it’s someone’s monopoly or genuine excitement, but either way, $CSX is up 23% after market closed. I heard some activist investor is going to blow big money into CSX Corp. Anyone mind explaining?
Oil field services company $HAL reported a 4Q16 loss, mainly hurt by lower commodity prices. The company reported quarterly net loss of $149MM, or $0.17 per share, compared with a loss of $28MM, or $0.03 per share, during 4Q15. Total revenue increased 5% to $4Bil.
On Dec. 2016, $CBU entered into a definitive agreement to acquire Northeast Retirement Services , Inc. (NRS) for approx. $147MM in company stock and cash. The company is expected to close the deal during 1Q17, pending both regulatory and NRS shareholders approval.
During 4Q16, $CBU's net interest income increased 8.1% to $70.2MM compared to 4Q15. The average loan balances grew 10.6%. During the quarter, Wealth management, insurance and employee benefit services revenue increased $4.1MM compared to 4Q15. Revenues from mortgage banking and other services increased $0.4MM from 4Q15.
Commercial banking service provider $CBU posted higher 4Q16 earnings. Net income during the quarter increased 31.5% to $26.4MM, or $0.59 per share compared $20.1MM, or $0.47 per share in 4Q15. Total revenue increased 11.3% to $109.2MM compared to prior year quarter.