TE Connectivity (NYSE:TEL) declared a quarterly dividend on Thursday, August 14th. Investors of record on Friday, August 29th will be given a dividend of 0.29 per share on Friday, September 12th. This represents a $1.16 dividend on an annualized basis and a yield of 1.84%. The ex-dividend date is Wednesday, August 27th.TE Connectivity Ltd. (NYSE:TEL) belongs…
Business process and document management company Xerox Corporation (XRX) recently entered into an agreement with MoneyGram – a leading money transfer and payment services firm — for effective transmission of child support payments. Xerox Corporation (NYSE:XRX) belongs to Technology sector. Its net profit margin is 5.30% and weekly performance is 4.54%. On last trading day company shares…
Nomura downgraded Broadcom Corporation (NASDAQ:BRCM) to “neutral” from “buy” and set a $30 price target. The firm noted the company is likely not seeing enough design wins in LTE to drive earnings. Separately, TheStreet Ratings team rates Broadcom Corporation (NASDAQ:BRCM) as a Hold with a ratings score of C+. Broadcom Corporation (NASDAQ:BRCM) stock performance was…
Nokia Corporation (ADR) (NYSE:NOK) suffered a jolt when the Supreme Court refused to lift the restraint on sale of its Indian assets, including the Chennai plant, as part of the handset maker’s global deal with the Microsoft. The apex court dismissed Nokia’s plea against the Delhi High Court order directing its parent company in Finland…
Sandell Asset Management Corp. (“Sandell”), a significant stockholder of JDS Uniphase Corporation (NASDAQ:JDSU), issued the following response to commentary contained in the Company’s DEFA14A supplement to its Proxy Statement filed on December 1: “We believe that JDSU’s purported attempt to “clarify” certain “key facts” in the December 1 supplement to its Proxy Statement is misleading…
AbbVie (NASDAQ:ABBV) stock had its “neutral” rating restated by Zacks in a report issued on Monday. They currently have a $61.00 price objective on the stock. Zacks‘s price objective indicates a potential upside of 5.30% from the company’s current price. AbbVie Inc. (NYSE:ABBV) belongs to Healthcare sector. Its net profit margin is 21.70% and weekly…
