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Friday 23 October 2015
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Fresh Stocks News Alert: Visa Inc (NYSE:V), Lam Research Corporation (NASDAQ:LRCX), Zoetis Inc (NYSE:ZTS)

On Wednesday, Shares of Visa Inc (NYSE:V), lost -1.09% to $75.45.

Visa Inc., declared that its board of directors approved the record date for the Company’s 2016 Annual Meeting of Stockholders to be held on February 3, 2016. The Company’s class A common stockholders at the close of business on December 7, 2015, the record date, will be entitled to vote at the Annual Meeting.

In addition, the Company declared that its board of directors had declared a quarterly cash dividend of $0.14 per share of class A common stock (determined in the case of class B and class C common stock on an as-converted basis) payable on December 1, 2015, to all holders of record of the Company’s class A, B and C common stock as of November 13, 2015.

Visa Inc., a payments technology company, operates as a retail electronic payments network worldwide. The company facilitates commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses, and government entities.

Shares of Lam Research Corporation (NASDAQ:LRCX), inclined 1.09% to $70.79, during its last trading session.

Lam Research Corp., declared financial results for the quarter ended September 27, 2015. A conference call and webcast will be held starting at 5:00 a.m.

Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing systems used in the fabrication of integrated circuits. It provides thin film deposition products, counting SABRE electrochemical deposition products for copper damascene manufacturing; ALTUS systems to deposit conformal atomic layer films for tungsten metallization applications; VECTOR plasma-improved chemical vapor deposition and atomic layer deposition systems to deposit oxides, nitrides, carbides, multiple patterning films, anti-reflective layers, multi-layer stack films, and diffusion barriers; SPEED high-density plasma-chemical vapor deposition products for applications in shallow trench isolation, pre-metal dielectrics, inter-layer dielectrics, inter-metal dielectrics, and passivation layers; and SOLA ultraviolet thermal processing products for the treatment of back-end-of-line low-k dielectric films and front-end-of-line silicon nitride strained films.

Finally, Shares of Zoetis Inc (NYSE:ZTS), ended its last trade with -3.32% loss, and closed at $41.66.

Zoetis, is up 16.28% over 12 months and trades at 21.91 times forward earnings. The consensus price target is $52.17. The Company recently closed at $41.66, down -3.32%. The company has a market cap of $20.79B. The P/E ratio is 50.19.

Zoetis Inc. engages in the discovery, development, manufacture, and commercialization of animal health medicines and vaccines for livestock and companion animals worldwide. The company operates through four segments: the United States; Europe/Africa/Middle East; Canada/Latin America; and Asia/Pacific.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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