alexander's inc (ALX) Key Developments
Alexander's Inc. Announces Earnings Results for the First Quarter Ended March 31, 2015
May 22 15
Alexander's Inc. announced earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported operating income of $24.37 million compared to $24.53 million for the same quarter ended March 31, 2014. Income before income taxes was $17.82 million compared to $15.25 million for the same quarter ended March 31, 2014.
Alexander's Inc. Reports Earnings Results for the First Quarter Ended March 31, 2015
May 4 15
Alexander's Inc. reported earnings results for the first quarter ended March 31, 2015. The company's net income for the quarter was $17.8 million, or $3.49 per basic and diluted share, up from $15.2 million, or $2.98 per basic and diluted share in the prior year period. Funds from operations were $25.1 million or $4.92 per diluted share, compared to $22.5 million, or $4.40 per diluted share in the prior year period. Revenues were $52 million, up from $49.5 million reported for the same period last year.
Alexander's Inc. Declares Quarterly Dividend, Payable May 22, 2015
Apr 29 15
Alexander's Inc. announced that its Board of Directors has declared a regular quarterly dividend of $3.50 per share, payable May 22, 2015 to stockholders of record on May 12, 2015.
Alexander's Inc., Annual General Meeting, May 21, 2015
Apr 10 15
Alexander's Inc., Annual General Meeting, May 21, 2015., at 10:00 Eastern Daylight. Location: Saddle Brook Marriott, Interstate 80 and the Garden State Parkway. Agenda: To elect three persons to the board of directors of the company; to consider and vote upon the ratification of the appointment of Deloitte & Touche LLP as the company's independent registered public accounting firm for the current year; and to transact such other business as may properly come before the meeting or any adjournment or postponement of the meeting.
Alexander's Inc. Appoints Wendy A. Silverstein as Director
Apr 3 15
On April 1, 2015, the Board of Directors of Alexander's Inc. determined to increase the size of the Company's Board of Directors to eight members and to appoint Ms. Wendy A. Silverstein to the vacancy with an initial term expiring in 2016. Until April 1, 2015, Ms. Silverstein was the Executive Vice President Co-Head of Capital Markets and Acquisitions of Vornado Realty Trust.