On Tuesday, Cisco Systems, Inc. (NASDAQ:CSCO)’s shares inclined 1.09% to $25.98.
Cisco (CSCO) declared that earlier its Board of Directors declared a quarterly dividend of $0.21 per common share to be paid on October 21, 2015 to all shareholders of record as of the close of business on October 5, 2015.
Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol (IP) based networking products and services related to the communications and information technology industry worldwide.
SYSCO Corporation (NYSE:SYY)’s shares dropped -1.07% to $39.46.
At its 2015 Investor Day, Sysco Corporation (SYY) senior executives presented a three-year planned business plan designed to improve the customer experience, enhance associate engagement and deliver strong financial results to drive shareholder value over time.
Sysco anticipates to achieve its new operating income and return on invested capital targets by accelerating local case growth, improving gross margins, leveraging its end-to-end supply chain, reducing administrative costs and generating more than $1 billion in free cash flow per year2.
Sysco Corporation, through its auxiliaries, markets and distributes a range of food and related products primarily to the foodservice or food-away-from-home industry. It distributes a line of frozen foods, such as meats, seafood, fully prepared entrees, fruits, vegetables, and desserts; a line of canned and dry foods; fresh meats and seafood; dairy products; beverage products; imported specialties; and fresh produce.
At the end of Tuesday’s trade, American International Group Inc (NYSE:AIG)‘s shares surged 1.12% to $58.65.
AIG Private Client Group, a division of American International Group, Inc. (AIG) that serves high net worth clients, recently marked the 10-year anniversary of its Wildfire Protection Unit (WPU) with Montecito, CA, officials, providing pro-bono fire protection to key areas in the Montecito Fire Protection District in preparation for the height of wildfire season.
AIG’s WPU, in partnership with Montecito wildfire specialists, spent the day spraying a bio-degradable fire retardant and performing other mitigation actions in the Montecito area using special-purpose built AIG WPU trucks.
The work in Montecito recognizes the vulnerability of California to wildfires. In 2014, 7,865 fires destroyed 555,044 acres and caused millions in property damage statewide, according to the National Interagency Fire Center. And the 2015 wildfire season has been very active.
American International Group, Inc. provides insurance products and services for commercial, institutional, and individual customers in the United States, the Asia Pacific, and internationally. The company’s Commercial Insurance segment offers general liability, commercial automobile liability, workers’ compensation, excess casualty, and crisis administration causality insurance products; commercial, industrial, and energy-related property insurance products; aerospace, environmental, political risk, trade credit, surety, and marine insurance products, in addition to various insurance products for small and medium sized enterprises; and professional liability insurance products for a range of businesses and risks.
MGIC Investment Corp. (NYSE:MTG), ended its Tuesday’s trading session with 0.79% gain, and closed at $10.26.
MGIC Investment Corporation (MTG) declared that the company’s Chief Executive Officer, Patrick Sinks, will present at the Barclays Global Financial Services Conference on Thursday, September 17, 2015 at 9 a.m. Eastern time. The event is taking place at the Hilton Midtown Hotel in New York, New York.
MGIC Investment Corporation, through its auxiliaries, provides private mortgage insurance and ancillary services to lenders and government sponsored entities in the United States. The company offers primary mortgage insurance that provides mortgage default protection on individual loans, in addition to covers unpaid loan principal, delinquent interest, and various expenses associated with the default and subsequent foreclosure; and pool insurance coverage, which covers the excess of the loss on a defaulted mortgage loan that exceeds the claim payment under the primary coverage.
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