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Los Angelas, CA -- (SBWIRE) -- 02/13/2013 -- AOL, Inc. (NYSE:AOL) stock increased 4.47% to $37.85. The company, on Feb. 8, said fourth-quarter earnings jumped 57% as the company reported stronger advertising sales, an important part of its turnaround efforts. AOL said its profit came to $35.7 million, or 41 cents a share, compared with year-earlier income of $22.8 million, or 23 cents. Revenue rose 3.9% at $599.5 million. Analysts expected per-share profit of 41 cents and revenue of $574 million.
Is AOL Showing Any Sign of Buy At The Current Market Price? Find Out Here
Citigroup Inc. (NYSE:C) shares jumped 2.78% and closed at $44.35 in the last trading session. The company will begin trading ex-dividend on February 13, 2013. A cash dividend payment of $0.1095 per share is scheduled to be paid on February 28, 2013. Shareholders who purchased Citigroup’s stock prior to the ex-dividend date are eligible for the cash dividend payment.
Where Is C Headed Exactly After Achieving This Milestone? Find Out Here
Mizuho Financial Group Inc. (ADR) (NYSE:MFG) shares jumped 2.64% and closed at $4.67 in the last trading session. The company last month said it agreed to pay $175,000 to settle civil charges by U.S. futures regulators in connection with allegations that the bank failed to hold enough funds in its secured accounts to protect clients, the regulators said. The Commodity Futures Trading Commission said Mizuho Securities USA Inc did not immediately report the deficiency to regulators and failed to properly supervise its employees. The bank agreed to settle the matter without admitting nor denying the allegations.
How Should Investors Trade MFG Now? Find Out Here
The Jones Group Inc. (NYSE:JNY) shares gained 3.97% to $12.06. The company, on Feb. 4, announced that it has appointed Joseph Stafiniak to the newly created position of Senior Vice President of Merchandising of Nine West, effective immediately. In this role, Stafiniak will operate as the lead merchant for Nine West overseeing merchandising strategies and the execution of product to meet the expanding needs of the brand’s global business. He will report to Kathy Nedorostek , Group President of Global Footwear and Accessories.
Can JNY Continue To Move Higher? Find Out Here
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