Boston, MA, 02/21/2014 – The Board of Directors of Annaly Capital Management, Inc. (NYSE:NLY) have declared Preferred dividends for its Series A,C and D Preferred stock. The Preferred stock dividends declared relates to the the first quarter of 2014 and is payable at the rate of $0.492188 per share for Series A Preferred Stock, $0.476563 per share for Series C Preferred Stock and $0.46875 per share for Series D Preferred Stock.All the dividends are to be paid out on March 31, 2014 to the record holders of these stocks as on March 3, 2014. The dividend declaration is in line with Annaly Capital Management, Inc. (NYSE:NLY)‘s main business objective to generate and distribute net income to its shareholders.
BP Plc (ADR) (NYSE:BP) America’s President and Chief Operating Officer John Minge stated on Wednesday that the company is closer to being allowed to make a bid for the federal contacts. Without Specifying about the details, Minge appeared optimistic about the possibilities to reach an agreement with the U.S. Environmental Protection Agency (EPA) and Department of Justice. It is to be noted that BP Plc (ADR) (NYSE:BP) had been suspended by the Obama administration to receive federal contracts in 2012 after it pleaded guilty for the criminal counts resulting from Deepwater Horizon disaster in the Gulf of Mexico in 2010, which killed 11 individuals and spilled gallons of oil in the Gulf.
Mastercard Inc (NYSE:MA) along with Visa are eyeing to adopt payment technologies that will let customers pay for the goods through their Smartphones. On Wednesday, the US credit card company has expressed its support for payment technology named “host card emulation”, which will let users to store their card data in the cloud and the payment could be made then through near field communications. However, the technology is not likely to roll out soon as there are some concerns over the security features. But, once this technology comes in than it will drive near-field communications to a stronger growth to become as a widely accepted form of payment in the retail business.