Shares of Goodyear Tire & Rubber (NASDAQ:GT) are nudging higher in Friday’s evening trade as the company declares the final quarterly dividend on the company’s 5.875% mandatory convertible preferred stock, which is subject to mandatory conversion into shares of Goodyear (NASDAQ:GT) common stock on April 1, 2014. The tire company’s dividend of $0.73 per share is payable in cash April 1, 2014, to shareholders who present the preferred stock for mandatory conversion on that date. Shares of Goodyear (NASDAQ:GT) recently climbed 0.02% to $27.67 in after-hours trade, near the stock’s new 52-week high of $28.32 set in the day’s regular trading session.
Shares of Verizon Communications (NYSE:VZ) climbed higher in after-hours trade as the company says its board has declared a quarterly dividend of $0.53 per outstanding share, unchanged from the previous quarter. The dividend is payable May 1, 2014, to shareholders on record at the close of business April 10, 2014. Verizon (NYSE:VZ) recently gained 1.3% to $47.75 in after-hours.
Bed Bath & Beyond Inc. (NASDAQ:BBBY) shares were bouncing back from initial declines in after-hours trading Friday night after the homewares retailer said harsh winter weather kept individual stores closed for all or parts of a day over 2,400 times during the quarter ended March 1, likely cutting earnings by $0.06 to $0.07 per share. Overall, the company is now expecting per-store earnings of $1.57 to $1.61 during Q4, down from a prior model for a $1.60 to $1.67 per share quarterly profit. Analysts, on average, are looking for Bed Bath & Beyond (NASDAQ:BBBY) to post EPS of $1.65 in Q4. The company tonight said snow and ice and frigid temperatures during the now-concluded Q4 resulted in 464 stores closed for an entire day while another 1,923 stores were closed for a portion of a day. In addition to the $0.06 to $0.07 per share estimated impact on Q4 EPS, BBBY said the wintery mix likely lowered sales at stores open at least 12 months by between 2.0 to 2.5% from its earlier projections, with same-store sales now seen rising 1.7% in Q4 compared to its original expectations for a 2.0% to 4.0% rise during the quarter. Shares of Bed Bath & Beyond Inc. (NASDAQ:BBBY) were up 0.5% at $69.50 each after initially falling slightly over 1% soon after the company’s after-hours announcement tonight. The stock finished Friday’s regular session with a 1.3% advance.
Shares of Dun & Bradstreet Corp. (NYSE:DNB) nudged higher after-hours as the provider of business credit, credit report information and business research reaffirmed its financial guidance for the full year 2014. Dun & Bradstreet (NYSE:DNB) sees core revenue growth of 0% to 3%, before the effect of foreign exchange; an operating income decline of 5% to 9%, before non-core gains and charges; diluted EPS decline of 1% to 5%, before non-core gains and charges; and free cash flow of $250 million to $280 million, excluding the impact of legacy tax matters and any potential regulatory fines associated with the company’s China operations. Shares of Dun & Bradstreet Corp. (NYSE:DNB) were recently up 0.2% at $99.43 after-hours.