Cleveland (ots/PRNewswire) - - Record Cash Flow highest in 98-year history - Share Repurchase program of US$200 million to start immediately - Company increases quarterly cash dividend 33% to 8 cents per share - Continuing Operations exceed Company estimate for the fourth quarter American ...
Cleveland (ots/PRNewswire) - American Greetings Corporation (NYSE: AM) today announced the acquisition of a European manufacturer of high quality gift-wrap products. Terms of the transaction were not announced. The transaction and subsequent consolidation of the acquired firm into the Social Expression's segment will not have a material effect on the Corporation's consolidated financial statements. Zev Weiss, Chief ...
Cleveland (ots/PRNewswire) - - Company reports third quarter EPS of 78 cents versus 60 cents in prior year period - Continuing Operations exceeds Company's estimate - Announces sale of Magnivision for US$77 million. Substantial gain boosts quarterly Net Income and EPS - Company declares quarterly cash dividend of 6 cents per share American Greetings Corporation (NYSE: AM) today announced ...
Cleveland, Ohio (ots/PRNewswire) - American Greetings Corp. (NYSE: AM) today announced it has signed a letter of agreement to sell its Magnivision nonprescription reading glasses subsidiary to an affiliate of AAi.FosterGrant in a cash transaction. Terms of the deal were not disclosed. Zev Weiss, chief executive officer of American Greetings, said the sale of Magnivision reflects the Corporation's strategy of ...