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Teekay Corp (TK)

TK on New York Consolidated

6.34USD
27 Jul 2016
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Latest Key Developments (Source: Significant Developments)

Teekay Q1 revenue $641.1 million versus $545.8 million
Thursday, 19 May 2016 02:35am EDT 

Teekay Corp : Q1 revenue $641.1 million versus $545.8 million . Q1 earnings per share view $0.20, revenue view $605.6 million -- Thomson Reuters I/B/E/S . Teekay corporation reports first quarter 2016 results . Q1 adjusted loss per share $0.08 . Q1 gaap loss per share $0.67 .Q1 earnings per share view $0.20 -- Thomson Reuters I/B/E/S.  Full Article

Teekay Corporation Declares Dividend
Friday, 1 Apr 2016 06:45am EDT 

Teekay Corp:Declared a cash dividend on its common stock of $0.055 per share for the quarter ended December 31, 2015.The cash dividend is payable on May 19, 2016 to all shareholders of record as at April 29, 2016.  Full Article

Teekay Corp - Levi & Korsinsky, LLP Notifies Shareholders of Teekay Corporation of Commencement of Class Action Lawsuit and a Lead Plaintiff Deadline of May 2, 2016 - ACSWIR
Wednesday, 16 Mar 2016 11:11am EDT 

Teekay Corp:Levi & Korsinsky, LLP Notifies Shareholders of Teekay Corporation of Commencement of Class Action Lawsuit and a Lead Plaintiff Deadline of May 2, 2016 - ACSWIR.Notifiedthat a securities class action has been commenced in the USDC for the District of Connecticut. If you purchased or otherwise acquired Teekay securities between June 30, 2015 and December 17, 2015, your rights may be affected by this action.The complaint alleges that throughout the Class Period, Defendants issued false and misleading statements to investors and/or failed to disclose that.Teekay's repeated assurances that it would maintain a quarterly dividend of at least $0.55 per share were baseless.Teekay knew, based on then-present facts, that it could not support future dividend payments in excess of $0.55 per share.the cash flows from Teekay's master limited partnerships - Teekay LNG Partners LP and Teekay Offshore Partners LP - could not possibly sustain such high dividends.  Full Article

Teekay Corp declares quarterly dividend
Wednesday, 20 Jan 2016 07:00am EST 

Teekay Corp:Declares dividend.Board declared cash dividend of $0.055 per share for quarter ended December 31, 2015, down from $0.55 per share paid in the prior quarter.  Full Article

Teekay Corp announces $200 mln add-on offering of 8.5% senior unsecured notes due 2020
Friday, 6 Nov 2015 07:57am EST 

Teekay Corp:Announces $200 million add-on offering of 8.5% senior unsecured notes due 2020.Intends to use portion of net proceeds to repay portion of indebtedness outstanding under its $500 million revolving credit facility.To use balance of net proceeds to replenish cash reserves used to repay outstanding balance of teekay's nok bonds matured in October 2015.  Full Article

Teekay Corp says signing of $1 billion framework cooperation agreement with export-import bank of China
Wednesday, 30 Sep 2015 11:14am EDT 

Teekay Corp :Teekay announces signing of $1 billion framework cooperation agreement with export-import bank of China.Says such loan facilities would be made available to Teekay and its subsidiaries.Says loan facilities to finance the construction or conversion of vessels from shipyards in China over the next three years.  Full Article

Gaztransport & Technigaz receives new order for two LNGC's for Teekay
Wednesday, 1 Jul 2015 11:55am EDT 

Gaztransport & Technigaz SA:Receives a new order from Hyundai Samho Heavy Industries for two LNGC's for Teekay.The LGNC's are expected to be delivered in 2019.  Full Article

Teekay Corp to complete sale of the knarr fpso and announces dividend increase of 75 percent
Tuesday, 30 Jun 2015 09:00am EDT 

Teekay Corp:To complete sale of the knarr fpso and announces dividend increase of 75 percent.Says increased quarterly cash dividend by 75 percent to $0.55 per share, from $0.31625 per share.Says targeting 15 to 20 percent annual dividend growth over the next three years.Has agreed to invest $300 million in Teekay offshore common units at a price of $20.83 per unit.Anticipated dropdown sale will result in a reduction of Teekay parent's net debt by almost $1 billion.  Full Article

Teekay Corporation declares dividend
Thursday, 2 Apr 2015 05:10pm EDT 

Teekay Corporation:Declares a cash dividend on its common stock of $0.31625 per share for the quarter ended March 31.Payable on April 30 to all shareholders of record as at April 17.  Full Article

Teekay Corp declares cash dividend
Friday, 2 Jan 2015 09:00am EST 

Teekay Corp:Declared cash dividend on its common stock of $0.31625 per share for quarter ended Dec. 31, 2014.Says cash dividend is payable on Jan. 30, 2015 to all shareholders of record as at Jan. 20, 2015.  Full Article

BRIEF-Teekay Q1 revenue $641.1 million versus $545.8 million

* Q1 earnings per share view $0.20, revenue view $605.6 million -- Thomson Reuters I/B/E/S