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News Buzz: Lloyds Banking Group PLC, Tesla Motors Inc, Celanese Corporation, Pitney Bowes Inc

 
 
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Lakeway, TX -- (SBWIRE) -- 02/25/2013 -- vb-news.net, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-

Lloyds Banking Group PLC (ADR) (NYSE:LYG) shares increased 2.75% and closed at $3.36 in yesterday’s session. Dow Jones last month reported that Lloyds Banking Group PLC plans to cut around 940 jobs in the U.K., as part of a previously announced plan to shrink its business, and as other banks in the country and across the world pare staff. The Company said the reductions are being made across its divisions, including retail, commercial, insurance, wealth and international and group operations. About 190 information technology jobs that are involved in the cuts will be relocated to India.

How Should Investors Trade LYG After The Solid Jump? Let’s Find Out Here

Tesla Motors Inc (NASDAQ:TSLA) shares increased 2.70% to $36.11. The company, on Feb. 20, reported a fourth-quarter net loss of $90 million, or 79 cents a share, compared with a net loss of $81 million, or 78 cents a share, in the year-ago period. On an adjusted basis, the electric car maker said it lost 65 cents a share. Analysts had estimated a loss of 58 cents a share. Revenue of $306 million matched the consensus forecast.

Is TSLA Ready To Jump Again After The Solid Momentum? Get Free Trend Analysis Here

Celanese Corporation (NYSE:CE) shares climbed 2.66% and closed at $47.55. The company will begin trading ex-dividend on February 14, 2013. A cash dividend payment of $0.075 per share is scheduled to be paid on February 28, 2013. Shareholders who purchased CE stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that CE has paid the same dividend.

Is CE Buy After The Recent Price Movement? Find Out Here

Pitney Bowes Inc. (NYSE:PBI) shares increased 2.55% and closed at $13.27 in yesterday’s session. The company said it will begin trading ex-dividend on February 13, 2013. A cash dividend payment of $0.375 per share is scheduled to be paid on March 12, 2013. Shareholders who purchased PBI stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 5th quarter that PBI has paid the same dividend.

Is PBI a Buy At The Current Market Price? Don’t Miss Out Our Special Coverage Here

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