Orlando, FL -- (SBWIRE) -- 09/16/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On Symantec Corporation (NASDAQ:SYMC), Lowe's Companies, Inc.(NYSE:LOW).
Symantec Corporation (NASDAQ:SYMC) shares increased 0.44% to $25.08. The company’s 2013 Corporate Responsibility Report, released on Sept. 12, highlights the company's progress toward integrating responsible social and business practices that directly support its global competitiveness. The report complements a year in which Symantec posted its strongest growth results in five years.
Additionally, the company on August 28 announced the nomination of two new independent members of the company's board of directors. Stockholders will vote on the nominees at the company's Annual Meeting on October 22, 2013. The nominees are: Major General Suzanne Vautrinot, retiring commander of the 24th Air Force, the Air Force Service Component of the United States Cyber Command; and Anita Sands, PhD, group managing director, head of change leadership and a member of the Executive Committee of UBS Wealth Management Americas.
Are investors worried about the recent updates with SYMC? Find out with a free trend analysis HERE
Lowe's Companies, Inc.(NYSE:LOW) shares dropped 0.28% to $46.86. The company on Sept. 4 announced that it has agreed to sell $500 million of 3.875% Notes due 2023 and $500 million of 5% Notes due 2043. Estimated net proceeds from this offering will be approximately $984 million, after deducting offering expenses and underwriters' discounts. Lowe's intends to use the net proceeds from the sale of the Notes for general corporate purposes. Closing is expected to occur on September 11, 2013.
Merrill Lynch, Pierce, Fenner & Smith Incorporated, J.P. Morgan Securities LLC, and SunTrust Robinson Humphrey, Inc. are acting as joint book-running managers for the notes offering.
Additionally, the company on August 23 has declared a quarterly cash dividend of eighteen cents ($0.18) per share, payable November 6, 2013, to shareholders of record as of October 23, 2013.
With fiscal year 2012 sales of $50.5 billion, Lowe's Companies, Inc. is a FORTUNE(R) 100 company that serves approximately 15 million customers a week at more than 1,750 home improvement stores in the United States, Canada and Mexico. Founded in 1946 and based in Mooresville, N.C., Lowe's is the second-largest home improvement retailer in the world.
Is LOW going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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