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Stock Market & Financial Investment News

News Breaks
August 7, 2014
17:01 EDTSONCSonic initiates 9c cash dividend, authorizes $105M share buyback program
Sonic Corp announced that its board initiated a cash dividend program under which the company will pay a regular quarterly cash dividend to shareholders of its common stock. The board declared the first quarterly cash dividend of 9c per share of common stock to be paid to shareholders of record as of the close of business on November 12, with a payment date of November 21. The company also announced that its board has increased the company’s share repurchase program for FY15. Pursuant to the program, the company is authorized to repurchase up to $105M of its common stock for the fiscal year beginning September 1 and ending August 31, 2015. The company expects to complete the remaining purchases under its $80M FY14 program by August 31.
News For SONC From The Last 14 Days
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June 23, 2015
13:37 EDTSONCOn The Fly: Top stock stories at midday
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10:46 EDTSONCSonic sees $70M-$80M of free cash flow in FY15
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09:14 EDTSONCOn The Fly: Pre-market Movers
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08:45 EDTSONCSonic revenue momentum impressive, says Sterne Agee CRT
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07:53 EDTSONCSonic reported 'very solid' results, says Oppenheimer
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07:15 EDTSONCOppenheimer to hold a conference
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June 22, 2015
19:00 EDTSONCOn The Fly: After Hours Movers
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17:46 EDTSONCSonic slides over 5% after reporting Q3 results and guidance
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16:07 EDTSONCSonic sees Q4 positive same-store sales in the mid-single digit range
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16:05 EDTSONCSonic sees 27%-29% EPS growth in FY15
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16:04 EDTSONCSonic reports adjusted Q3 EPS 36c, consensus 36c
Reports Q3 revenue $164.7M, consensus $164.17M. Reports Q3 system same-store sales increased 6.1%, consisting of a 6.1% same-store sales increase at franchise drive-ins and an increase of 5.5% at company drive-ins.
15:00 EDTSONCNotable companies reporting after market close
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13:46 EDTSONCSonic technical notes before earnings news
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