Key Developments: Hastings Entertainment Inc (HAST.PH)
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14 Oct 2011
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$2.05
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Latest Key Developments (Source: Significant Developments)
Hastings Entertainment Inc Names Alan Van Ongevalle As President and Chief Operating Officer
Hastings Entertainment Inc announced that Alan Van Ongevalle has been promoted to President and Chief Operating Officer effective February 15, 2013. Full Article
Hastings Entertainment Inc Declares Annual And Special Dividends
Hastings Entertainment Inc announced that the Board of Directors adopted a dividend policy under which they intend to pay an annual dividend. The initial annual dividend rate declared was $0.02 per share. In addition, the Board of Directors declared a special dividend of $0.35 per share. Both the initial dividend under the annual dividend policy and the special dividend will be payable on December 31, 2012 to shareholders of record on December 21, 2012. Full Article
Hastings Entertainment, Inc. Withdraws Guidance For Fiscal 2011
Hastings Entertainment, Inc. announced that due to the uncertainty in the economic environment and our financial results for the second quarter, we expect our earnings per share for the full fiscal year to be below the current guidance range. Additionally, expectations for sluggish economic growth and a prolonged recovery make it very difficult to forecast earnings. Consequently, Hastings is withdrawing its fiscal 2011 guidance, issued on March 21, 2011, and will not be providing any further guidance, specifically comparable store sales, net income and net income per diluted share, for the current fiscal year." Full Article
Netflix increases CEO Hastings' 2013 salary to $4 million
- Netflix Inc doubled Chief Executive Reed Hastings' 2013 salary to $4 million, after a pay cut this year, the video rental company disclosed in a regulatory filing late on Friday.
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