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More companies have unveiled a special dividend or accelerated dividend payout, as they seek to avoid potentially higher taxes next year amid heated "fiscal cliff" deliberations in Washington.In January, $500 billion in automatic tax increases and spending cuts--dubbed the "fiscal cliff"--will begin if Congress and the White House don't intervene. Dozens of companies already have moved their quarterly dividend payouts to December instead of early 2013 to avoid possible higher taxes, while others have approved one-time special dividend payments for December.On Thursday, Sirius XM Radio Inc. (SIRI) declared a special dividend of five cents a share, payable Dec. 28. The cost is expected to be about $325 million.The satellite-radio operator also approved a stock buyback program of $2 billion. The company's market value is about $14.42 billion, according to FactSet.Transportation services firm Landstar System Inc. (LSTR) said it plans to pay out 50 cents a share around Dec. 27, in lieu of q...
The Utilities sector (XLU) held steady during a trading day that saw the S&P 500 grow 0.8%.The ETF has moved up across its 200-day moving average of $34.29 today.Cle...
Seven stocks dropped to 52-week lows:While trading on above-average volume, National Fuel Gas (NYSE:NFG) slipped today, hitting and then dropping past its previous 5...
The Utilities sector ( XLU ) held steady on a trading day that saw S&P 500 drop 0.1%.Cheniere Energy, Inc. ( LNG ) was a significant gainer in the sector, rising 4%....
DOW JONES NEWSWIRESNational Fuel Gas Co. (NFG) again cut its production guidance for its current fiscal year, pointing to a significant decline in natural gas prices...
Mario Gabelli, chairman and CEO of GAMCO Investors, on the situation in Japan, energy policy and the continuing unrest in the Middle East.
April 16, 2010 11:23 AM UTC by Liz ClamanTop Investor Gabelli to FBN: "Dow Going to 20k by 2020"Actually, Mario Gabelli of GAMCO (which has some $26 billion in asset...
Gamco Investors CEO Mario Gabelli breaks down what matters for the 2010 markets
Statoil ASA (STO), a Norwegian oil and gas company, said Friday it will deliver U.S. gas to Canada from the Marcellus shale gas area in Pennsylvania from Nov. 1, in ...
New U.S. pipeline projects in the Marcellus Shale are set to unlock significant reserves of natural gas in the last few months of this year and in 2013.It is a beari...
The Utilities sector (XLU) showed little change during trading today while the S&P 500 rose 0.5%.While being down today, the ETF, as a proxy for sector performance, ...
The S&P 500 lost 1.6% while the Utilities sector (XLU) showed little movement during trading today.Genon Energy (NYSE:GEN) was a significant gainer in the sector, ri...
The Utilities sector (XLU) showed little movement while the S&P 500 gained 0.1% during trading today.As a proxy for the sector, the ETF tracked closer to the overall...
The Utilities sector (XLU) showed little movement while the S&P 500 gained 0.1% during trading today.Increasing 10.6% (+23 cents) to close at $2.40, EDENOR (NYSE:EDN...
The S&P 500 lost 0.3% while the Utilities sector (XLU) showed little movement during trading today.Cadiz (NASDAQ:CDZI) was a major gainer in the sector, rising 7% (+...
