Skittish day for stocks By GrabNetworks
Summary of business headlines: Stocks slide back from records; Yahoo's $1.1b Tumblr deal; Boeing Dreamliner back in the air; Campbell's soup earnings heat up. Bobbi Rebell reports.
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Daily Dividend Report: HAL, NOV, ESV, WLK, CSC By GrabNetworks
On Friday, Halliburton Company (HAL) announced that it will be maintaining its quarterly dividend of 12.5 cents per share. Based on the current stock price, investors can expect a yield of about 1.1% going forward.
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Daily Dividend Report: UMPQ, SJT, CRT, AVIV, SPAN By GrabNetworks
This morning Umpqua Holdings (UMPQ) announced its quarterly dividend of 15 cents per share, an increase of about 50% over its prior dividend in March of 10 cents. Ray Davis, President and CEO of Umpqua Holdings Corporation said 'The increased quarterly dividend is due to the capital strength and the ongoing capital management here at Umpqua".
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Monday Sector Leaders: Metals Mining, Precious Metals By GrabNetworks
In trading on Monday, metals mining shares were relative leaders, up on the day by about 1.6%. Leading the group were shares of James River Coal (JRCC), up about 12.3% and shares of Denison Mines (DNN) up about 4.2% on the day.
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Monday 5/20 Insider Buying Report: LMNX, GFF By GrabNetworks
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned dollars to make a purchase, is that they expect to make money. Today we look at two noteworthy recent insider buys.
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Chesapeake Shares Rise Following CEO Announcement By GrabNetworks
After months of searching for a CEO, Chesapeake Energy (CHK) has found a replacement for ousted founder Aubrey McClendon. The company has hired Robert Douglas Lawler, previously of Anadarko Petroleum (APC) to take over the company's top position.
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Campbell Soup Shares Climb Following Revised Earnings Guidance By GrabNetworks
This morning, Campbell Soup (CPB) announced fiscal third quarter earnings climbed to $181 million, or 57 cents per share, as revenue jumped to $2.09 billion. Adjusted earnings totaled 62 cents per share, meaning the company beat consensus estimates on both the top and bottom line this quarter.
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M News: Yahoo, Warner Chilcott By GrabNetworks
The rumors were confirmed on Monday morning, Yahoo! (YHOO) is buying Tumblr in a $1.1 billion dollar deal. The acquisition is the largest in CEO Marissa Mayer's short tenure and will add billions of pageviews to the Yahoo! network of sites.
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Greece's 'Plan B' By GrabNetworks
Investors may not be worrying quite so much about Greece at the moment but a new political party could change that. The Plan B party supports leaving the euro and returning to the drachma. Hayley Platt asks whether it's likely to do any harm to the country's recovery.
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