Orlando, FL -- (SBWIRE) -- 09/03/2013 -- 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 Cooper Tire & Rubber Company (NYSE:CTB), Western Digital Corp. (NASDAQ:WDC).
Cooper Tire & Rubber Company (NYSE:CTB) shares increased 2.93% to $31.93. The company on Augsut 30 announced it has filed a definitive proxy statement with the U.S. Securities and Exchange Commission and scheduled a special meeting of stockholders forSeptember 30, 2013 at 10 a.m. Eastern to consider and vote on the previously announced merger with a subsidiary of Apollo Tyres Ltd (NSE: ApolloTYRE).
Additionally, the company on August 26 said it is expanding its proven Discoverer line of premium products with a new addition - the Discoverer HT3. Available now at dealers nationwide, the Discoverer HT3 is specially engineered for premium commercial-grade performance and highway traction in all seasons and intelligently designed to resist abnormal wear, making it one of the most dependable tires for business owners.
Moreover, the company will begin trading ex-dividend on September 03, 2013. A cash dividend payment of $0.105 per share is scheduled to be paid on September 30, 2013. Shareholders who purchased CTB stock prior to the ex-dividend date are eligible for the cash dividend payment.
Are investors worried about the recent updates with CTB? Find out with a free trend analysis HERE
Western Digital Corp. (NASDAQ:WDC) shares increased 2.11% to $62. WD, a Western Digital (NASDAQ: WDC) company and world leader in digital storage solutions, on August 26 announced two ultra-compact backup appliances: the WD Arkeia(TM) DA1300 and DA2300, which offer small- and medium-sized businesses (SMBs) all-in-one backup and disaster recovery solutions.
Additionally, HGST (formerly Hitachi Global Storage Technologies and now a Western Digital company, on August 13 announced that it is a founding member of the Storage Products Association (SPA), with Seagate, Toshiba and WD. The SPA will serve as a new voice for the storage industry to help promote the important and growing role of hard disk drives (HDDs). The formation of the SPA to promote new innovations driven by hard disk drives - a sixty year old technology - points to the new and critical role HDDs play in enabling today's and tomorrow's data-intensive mobile and cloud world.
Is WDC going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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