JMP Group Inc. (NYSE: JMP ),
an investment banking and alternative asset management firm, announced
today that its board of directors has voted to raise the company’s cash
dividend to $0.07 per share for the third quarter of 2014, an increase
of more than 16% from $0.06 per share for the prior quarter, marking the
fifth consecutive quarter in which the company has raised its dividend.
Kayne Anderson MLP Investment Company (the “Company”) (NYSE:KYN)
announced today that it completed a private placement of $200 million of
unsecured notes (“Notes”) and $25 million of Mandatory Redeemable
Preferred Shares (“MRP Shares”). Net proceeds from such offerings will
be used to refinance existing indebtedness (including the redemption of
the Company’s $60 million Series M Notes which mature on November 4,
2014), to make new portfolio investments and for general corporate
KB Home (NYSE: KBH), one of the nation’s largest and most recognized
homebuilders, has been honored by the U.S. Environmental Protection
Agency (EPA) as a WaterSense® Partner of the Year for the fourth time in
as many years.
Kansas City Power & Light (KCP&L), a subsidiary of Great Plains Energy
Incorporated (NYSE: GXP), today filed a request with the Missouri Public
Service Commission to increase base rates for electric service to
approximately 270,000 of its 565,000 Missouri customers in the KCP&L
Missouri service area.
Kansas City Southern (KCS) (NYSE: KSU) Executive Vice President Finance
and Chief Financial Officer, Michael Upchurch, will address the Raymond
James Global Airline/Transportation Conference at 12:50 p.m. eastern
time on Thursday November 6, 2014.
- Total sales growth of 12 percent; organic sales growth of 1 percent - Reported EPS of $0.49; adjusted EPS of $0.56 - Strong operating cash flow of $43 million
- Restructuring and related charges of $7 million - Total expected restructuring benefits now range from $50 million to $55 million and total charges expected to range from $55 million to $60 million LATROBE, Pa.
Global real estate investment and services firm Kennedy Wilson (NYSE:
KW) today announced that the Company and its equity partners
purchased Villas at Homestead, a 312-unit apartment community located in
Centennial, Colorado, for $56.75 million from DiNapoli Capital Partners.
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