Austin, TX -- (SBWIRE) -- 05/07/2013 -- Jackpotpennystocks.com, an investor research portal specializing in several sectors including biotech and healthcare and tech stocks on the U.S. market, issues news updates on the following stock:-
Baxter International Inc. (NYSE:BAX) shares fell 3.66% and closed at $67.74. The company on May 7 said results from a late-stage study of its potential treatment for Alzheimer's, immunoglobulin, were negative. The results didn't meet the co-primary endpoints of reducing cognitive decline and preserving functional abilities in patients with mild to moderate Alzheimer's disease.
Additionally, BAX declared a quarterly dividend on Monday, May 6. Stockholders of record on Friday, June 7th will be given a dividend of $0.49 per share on Monday, July 1st. This represents a $1.96 dividend on an annualized basis and a yield of 2.79%.
Can BAX Recover After The Recent fall? Find Out Here
Hertz Global Holdings, Inc. (NYSE:HTZ) shares decreased 0.96% to $24.72. The company, on May 6, announced the sale of an aggregate of 49,800,405 shares of common stock of Hertz Holdings by investment funds associated with Clayton, Dubilier & Rice, LLC ("CDR"), The Carlyle Group ("Carlyle") and BofA Merrill Lynch ("Merrill Lynch" and, together with CDR and Carlyle, the "Sponsors") to Goldman, Sachs & Co., as the sole underwriter in the registered public offering of those shares.
Can HTZ Continue To Move Higher? Find Out Here
Cisco Systems, Inc.(NASDAQ:CSCO) stock fell 1.39% to $20.55. Sterne Agee reissued their buy rating on shares of Cisco Systems in a research report released on April 22. Sterne Agee currently has a $26.00 price target on the stock.
Additionally, the company will begin trading ex-dividend on April 04, 2013. A cash dividend payment of $0.17 per share is scheduled to be paid on April 24, 2013. Shareholders who purchased CSCO stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 21.43% increase over the prior quarter.
How Should Investors Trade CSCO Now? Find Out Here
Research In Motion Ltd(NASDAQ:BBRY) shares decreased 3.47% to $15.04. The company on May 1 announced appointment of Sunil Lalvani as the new managing director for its operations in India. The top management shuffling comes just months after the company launched it’s latest touch based and keyboard holder smartphone BlackBerry Z10.
Additionally, the company, on April 10, reported that a number of retailers and wireless carriers in Canada have started taking pre-orders for Research In Motion Ltd (NASDAQ:BBRY)’s brand new Q10 smartphone featuring a QWERTY keyboard.
How Should Investors React To BBRY Now? Find Out Here
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