On Thursday, Shares of Intel Corporation (NASDAQ:INTC), lost -0.46% to $30.00.
JMP Securities upgraded shares of Intel (NASDAQ:INTC) from an underperform rating to a market perform rating in a research report sent to investors on Friday morning, The Fly reports. JMP Securities presently has $33.48 target price on the chip maker’s stock.
The business also revealed a quarterly dividend, which will be paid on Tuesday, December 1st. Stockholders of record on Saturday, November 7th will be paid a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 3.19%. The ex-dividend date is Wednesday, November 4th.
Intel Corporation is engaged in the design and manufacture of digital technology platforms. The Company sells these platforms to original equipment manufacturers (OEMs), original design manufacturers (ODMs), and industrial and communications equipment manufacturers in the computing and communications industries.
Shares of Denbury Resources Inc. (NYSE:DNR), inclined 2.46% to $2.50, during its last trading session.
Denbury Resources recently revealed a quarterly dividend, which was paid on Tuesday, September 29th. Stockholders of record on Tuesday, August 25th were given a $0.0625 dividend. This represents a $0.25 dividend on an annualized basis and a dividend yield of 10.25%. The ex-dividend date was Friday, August 21st.
Denbury Resources Inc. is an independent oil and natural gas company. The Company’s operations are focused in two operating areas: the Gulf Coast and Rocky Mountain regions. The Company’s properties with proved and producing reserves in the Gulf Coast region are situated in Mississippi, Texas, Louisiana and Alabama, and in the Rocky Mountain region are situated in Montana, North Dakota and Wyoming.
Shares of ConocoPhillips (NYSE:COP), inclined 0.42% to $48.16, during its last trading session.
Origin Energy Ltd. will sell A$2.5 billion ($1.8 billion) in shares as part of an effort to improve its balance sheet and maintain its investment-grade rating after a plunge in oil prices, according to Bloomberg.
Origin, which is preparing to start its A$24.7 billion gas-export project with ConocoPhillips on Australia’s east coast, also plans to sell as much as A$800 million in assets, reduce its dividend and cut spending, the Sydney-based utility said in a statement Wednesday.
“These initiatives will lower debt, strengthen the balance sheet and reduce reliance on distributions” from Origin’s Australia Pacific LNG development, Chairman Gordon Cairns wrote in the statement.
Origin said last month that the slide in oil prices could significantly reduce the contribution from its LNG project. Oil’s decline of about 50 percent over the past year is cutting revenue for gas-export projects whose contracts with Asian buyers are linked to the price of crude.
Origin plans to reduce spending by A$1 billion across the financial years ending in June 2016 and June 2017 as part of an A$2.2 billion program to preserve cash, it said. Bloomberg Reports
ConocoPhillips (ConocoPhillips) is an independent exploration and production company. The Company explores for, produces, transports and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG) and natural gas liquids. The Company operates through six operating segments, which are primarily defined by geographic region: Alaska, Lower 48, Canada, Europe, Asia Pacific and Middle East, and Other International.
Finally, Procter & Gamble Co (NYSE:PG), ended its last trade flat, and closed at $71.89.
Procter & Gamble Company - As the world prepares for the release of SPECTRE, the 24th Bond film, Gillette celebrates the moments in every man’s life where he feels in control and confident. But these “Bond Moments” don’t just happen - they come with precise preparation.
Inspiring Bond Moments
Starting on October 1, Gillette introduces their campaign “Bond Moments” inspired by the creator and author of James Bond, Ian Fleming. Fleming’s powerful and poetic words form the foundation of the campaign. His quotes describing the ultimate “Bond Moments” are present throughout the campaign across TV, print, online and in-store.
The campaign will kick off with a TV spot linking the iconic action inspired by the world of Bond to the precise tools from Gillette that together prepare men for their own “Bond Moments.”
SPECTRE, the 24th James Bond adventure, from Albert R. Broccoli’s EON Productions, Metro-Goldwyn-Mayer Studios, and Sony Pictures Entertainment, will be released in the UK on October 26 and in the U.S. on November 6.
Gillette has partnered with Jany Temime, award-winning costume designer from SKYFALL and SPECTRE, to provide style tips to assist men everywhere feel confident and look their best so they are prepared for their “Bond Moments.” On October 10, Jany Temime will take to Gillette’s Twitter account to share her tips and answer questions on how men can create these special style moments.
The Procter & Gamble Company (P&G) provides consumer packaged goods. The Company operates in five segments under GBUs: Beauty, which offers a range of products ranging from deodorants to cosmetics to skin care; Grooming, which comprises blades, razors and electronic hair removal devices, such as electric razors and epilators; Health Care, which comprises oral care and personal health care products.; Fabric Care and Home Care, which comprises of a range of fabric care products, home care products and batteries, and Baby Feminine and Family Care, which offers diapers, pants, baby wipe, Bounty paper, towel and Charmin toilet paper brands.
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