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Los Angelas, CA -- (SBWIRE) -- 12/26/2012 -- Tellabs, Inc. (NASDAQ:TLAB) shares gained 5.22% to $2.62. The company has announced an ex-dividend date of December 24, 2012 and a cash dividend payment of $1 per share scheduled for December 21, 2012. Shareholders who purchased TLAB stock prior to the ex-dividend date are eligible for the cash dividend payment.
How To Trade TLAB Now After The Recent Volatile Moves? Find Out Here
Gol Linhas Aereas Inteligentes SA (ADR) (NYSE:GOL) shares increased 7.37% and closed at $5.83 in the last trading session. The company announced that, as of November 23, 2012, it will begin the process of winding up the activities of its subsidiary Webjet and the discontinuation of its brand. The first step is to extinguish flight operations. Webjet has an operational model based on a fleet that mostly consists of aging Boeing 737-300 aircraft that are advanced age, technologically out of date and consume a lot of fuel and is no longer competitive.
Will GOL Continue To Move Higher? Find Out Here
Alpha Natural Resources, Inc.(NYSE:ANR) shares decreased 2.69% and closed at $9.03 in yesterday’s session. ANR‘s stock had its “neutral” rating restated by equities researchers at Goldman Sachs in a report issued on Dec. 10. Additionally, analysts at Howard Weil cut their price target on shares of Alpha Natural Resources from $13.00 to $11.00 in a research note to investors this week. They now have an “outperform” rating on the stock.
Is ANR Showing Any Sign of Buy At The Current Market Price? Find Out Here
MGIC Investment Corp. (NYSE:MTG) surged as much as 12 percent and was up 9.6 percent to $2.62 at 10:51 a.m. The Milwaukee-based firm has slid 30 percent this year. MGIC Investment Corporation is a holding company and through wholly owned subsidiaries is a private mortgage insurer in the United States.
Will New Regulations Weigh over MTG Revenue Stream? Find Out Here
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