Latest Melcor Development L (MODVF) Headlines
Melcor Reports Third Quarter Results & Declares $0.25 Dividend
Marketwire - Wed Nov 06, 4:48PM CST
Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development company, today reported results for the quarter ended September 30, 2013. Revenue was $59.20 million in Q3-13 compared to $64.67 million in Q3-12. This is primarily a result of timing differences in sales within the Community Development division. All other divisions grew revenue compared to the prior period. Year-to-date revenue increased 14.0% to $151.55 million.
Melcor Reports Strong Second Quarter Results
Marketwire - Tue Aug 13, 5:32PM CDT
Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development company, today reported strong results for the quarter ended June 30, 2013. Revenue increased by 45% to $50.74 million in the second quarter compared to Q2-12 and by 35% to $92.35 million year-to-date. Melcor earned net income of $10.21 million or $0.34 per share (basic) in Q2-13, a decrease of 46% over Q2-12. Year-to-date net income was $22.83 million, a decrease of 8% over the first six months of 2012. The decline in net income is the result of one-time costs relating to the formation of Melcor REIT.
Melcor Reports Strong Results for Q1-13, Declares Dividend of $0.25 Per Share, Announces Special Dividend of $0.50 Per Share
Marketwire - Thu May 09, 6:27PM CDT
Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development company, today reported strong results for the quarter ended March 31, 2013. Melcor earned net income of $12.62 million or $0.42 per share (basic), an increase of 116% over the comparable period of 2012. Revenue was $41.62 million, an increase of 25%.
Melcor Reports Record Results for Its 89th Year of Business
Marketwire - Wed Mar 06, 6:56PM CST
Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development company, today reported record results for the year ended December 31, 2012. Melcor earned net income of $105.02 million or $3.49 per share (basic), an increase of 29% from 2011. Revenue was $274.93 million, an increase of 25% from 2011. Total assets grew 19% to 1.45 billion with fair value gains of $59.10 million or $1.96 per share (basic) compared fair value gains of $41.70 million or $1.39 per share (basic) in 2011.
Melcor Announces Retirement of Ralph B. Young; Brian Baker Named as Successor
Marketwire - Wed Mar 06, 6:51PM CST
- Melcor Developments Ltd. (TSX: MRD)
IIROC Trade Resumption - MRD (all issues)
CNW Group - Tue Jan 08, 12:52PM CST
Trading resumes in:
Melcor Developments Ltd. Announces Commencement of Strategic Process
Marketwire - Tue Jan 08, 12:39PM CST
Melcor Developments Ltd. ("Melcor" or the "Company") (TSX: MRD) today announced that it has commenced a strategic process to advance its business interests through the creation of a Real Estate Investment Trust ("REIT") in which the Company would maintain a significant interest. The Company is considering vending a substantial portion of its income-producing assets into this new vehicle. This process would provide capital to the Company, and allow it to grow and continue to pursue numerous value creating opportunities in strong western Canadian economies. A Special Committee of independent Directors of the Board, Chaired by Gordon Clanachan, has been constituted to oversee the strategic process.
IIROC Trading Halt - MRD
CNW Group - Tue Jan 08, 12:05PM CST
The following issues have been halted by IIROC:
Melcor Reports Third Quarter Results & Declares $0.25 Dividend
Marketwire - Wed Nov 06, 4:48PM CST
Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development company, today reported results for the quarter ended September 30, 2013. Revenue was $59.20 million in Q3-13 compared to $64.67 million in Q3-12. This is primarily a result of timing differences in sales within the Community Development division. All other divisions grew revenue compared to the prior period. Year-to-date revenue increased 14.0% to $151.55 million.
Melcor Reports Strong Second Quarter Results
Marketwire - Tue Aug 13, 5:32PM CDT
Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development company, today reported strong results for the quarter ended June 30, 2013. Revenue increased by 45% to $50.74 million in the second quarter compared to Q2-12 and by 35% to $92.35 million year-to-date. Melcor earned net income of $10.21 million or $0.34 per share (basic) in Q2-13, a decrease of 46% over Q2-12. Year-to-date net income was $22.83 million, a decrease of 8% over the first six months of 2012. The decline in net income is the result of one-time costs relating to the formation of Melcor REIT.
Melcor Reports Strong Results for Q1-13, Declares Dividend of $0.25 Per Share, Announces Special Dividend of $0.50 Per Share
Marketwire - Thu May 09, 6:27PM CDT
Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development company, today reported strong results for the quarter ended March 31, 2013. Melcor earned net income of $12.62 million or $0.42 per share (basic), an increase of 116% over the comparable period of 2012. Revenue was $41.62 million, an increase of 25%.
Melcor Reports Record Results for Its 89th Year of Business
Marketwire - Wed Mar 06, 6:56PM CST
Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development company, today reported record results for the year ended December 31, 2012. Melcor earned net income of $105.02 million or $3.49 per share (basic), an increase of 29% from 2011. Revenue was $274.93 million, an increase of 25% from 2011. Total assets grew 19% to 1.45 billion with fair value gains of $59.10 million or $1.96 per share (basic) compared fair value gains of $41.70 million or $1.39 per share (basic) in 2011.
Melcor Announces Retirement of Ralph B. Young; Brian Baker Named as Successor
Marketwire - Wed Mar 06, 6:51PM CST
- Melcor Developments Ltd. (TSX: MRD)
IIROC Trade Resumption - MRD (all issues)
CNW Group - Tue Jan 08, 12:52PM CST
Trading resumes in:
Melcor Developments Ltd. Announces Commencement of Strategic Process
Marketwire - Tue Jan 08, 12:39PM CST
Melcor Developments Ltd. ("Melcor" or the "Company") (TSX: MRD) today announced that it has commenced a strategic process to advance its business interests through the creation of a Real Estate Investment Trust ("REIT") in which the Company would maintain a significant interest. The Company is considering vending a substantial portion of its income-producing assets into this new vehicle. This process would provide capital to the Company, and allow it to grow and continue to pursue numerous value creating opportunities in strong western Canadian economies. A Special Committee of independent Directors of the Board, Chaired by Gordon Clanachan, has been constituted to oversee the strategic process.
IIROC Trading Halt - MRD
CNW Group - Tue Jan 08, 12:05PM CST
The following issues have been halted by IIROC:
