SEC Charges Under Armour Inc. With Disclosure Failures

Marty Smith
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Washington, DC (STL.News) The Securities and Exchange Commission today charged sports apparel manufacturer Under Armour Inc. with misleading investors as to the bases of its revenue growth and failing to disclose known uncertainties concerning its future revenue prospects.  Under Armour has agreed to pay $9 million to settle the action. According to the SEC’s order, […]

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Marty Smith

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Baxter International Increases Dividend and Declares Quarterly Dividend

DEERFIELD, IL (STL.News) Baxter International Inc. (NYSE:BAX), a leading global medical products company, today announced an increase in the company’s quarterly cash dividend to a rate of $0.28 per share of common stock.  This represents an approximately 14% increase over the previous quarterly dividend rate of $0.245 per share.  Baxter’s […]
Baxter International Increases Dividend and Declares Quarterly Dividend