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Tuesday 11 August 2015
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Pre-Market Stocks Recap: Stanley Black & Decker, (NYSE:SWK), Targa Resources Partners (NYSE:NGLS), Hatteras Financial (NYSE:HTS), GNC Holdings (NYSE:GNC)

On Monday, Stanley Black & Decker, Inc. (NYSE:SWK)’s shares declined -0.44% to $104.68.

Skyworks Solutions Inc (SWKS) declared that its Board of Directors has declared a cash dividend of $0.26 per share of the Company’s common stock, representing a 100 percent enhance from the prior quarterly dividend of $0.13 per share. Based on the closing price of Skyworks’ stock on June 17, 2015, the raised dividend represents roughly a one percent yield, or $1.04 per share on an annualized basis. The dividend is payable on August 27, 2015, to stockholders of record as of the close of business on August 6, 2015.

Skyworks Solutions, Inc., together with its auxiliaries, designs, develops, manufactures, and markets analog and mixed signal semiconductors worldwide. Its product portfolio comprises amplifiers, attenuators, battery chargers, circulators, DC/DC converters, demodulators, detectors, diodes, directional couplers, filters, front-end modules, hybrids, infrastructure radio frequency subsystems, isolators, LED drivers, mixers, modulators, optocouplers, optoisolators, phase shifters, phase locked loops/synthesizers/VCOs, power dividers/combiners, power administration devices, receivers, switches, technical ceramics, and voltage regulators.

Targa Resources Partners LP (NYSE:NGLS)’s shares gained 3.93% to $39.15.

Targa Resources Corp. and Targa Resources Partners LP (“Targa Resources Partners” or the “Partnership”) (NGLS) declared their respective quarterly dividend and distribution for the second quarter of 2015.

Targa Resources Corp. declared recently that its board of directors has declared a quarterly cash dividend of 87.50c per share, or $3.50 per common share on an annualized basis, for the second quarter 2015. The approved dividend represents enhances of about 5% over the previous quarter’s dividend and 27% over the dividend for the second quarter 2014. This cash dividend will be paid August 17, 2015 on all outstanding common shares to holders of record as of the close of business on August 3, 2015.

Targa Resources Partners LP owns, operates, acquires, and develops midstream energy assets in the United States. The company’s Gathering and processing division is involved in gathering, compressing, dehydrating, treating, conditioning, processing, and marketing natural gas; and gathering crude oil. This division gathers and processes natural gas from the Permian Basin in West Texas and Southeast New Mexico; the Fort Worth Basin, counting the Barnett Shale, in North Texas; and the Williston Basin in North Dakota, in addition to from the onshore and offshore regions of the Louisiana Gulf Coast and the Gulf of Mexico. It supplies natural gas through its gathering systems that comprise about 11,400 miles of natural gas pipelines.

At the end of Monday’s trade, Hatteras Financial Corp.(NYSE:HTS)‘s shares dipped -0.25% to $16.13.

Hatteras Financial Corp. (HTS) declared that it has reached a definitive purchase agreement to acquire Pingora Asset Administration, LLC (“Pingora Administration”) and Pingora Loan Servicing, LLC (“Pingora Servicing,” and together with Pingora Administration, “Pingora”), a specialized asset manager focused on investing in new production performing mortgage servicing rights (“MSR”) and servicing residential mortgage loans.

Hatteras Financial Corp. operates as an externally-managed mortgage real estate investment trust (REIT) in the United States. It invests primarily in single-family residential mortgage real estate assets, such as mortgage-backed securities, which are pass-through securities guaranteed or issued by the United States Government agency or the United States Government-sponsored enterprises; and other financial assets.

GNC Holdings Inc (NYSE:GNC), ended its Monday’s trading session with -1.84% loss, and closed at $42.03.

The Board of Directors of GNC Holdings, Inc. authorized and declared the quarterly cash dividend for the third quarter of 2015 of $0.18 per share of the Company’s common stock. The dividend will be paid on or about September 25, 2015 to stockholders of record as of the close of business on September 11, 2015.

GNC Holdings, Inc. operates as a specialty retailer of health and wellness products. The company operates through three segments: Retail, Franchise, and Manufacturing/Wholesale. Its products comprise vitamins, minerals and herbal supplements, sports nutrition products, diet products, and other wellness products. The company sells its products under GNC proprietary brands, counting Mega Men, Ultra Mega, Total Lean, Pro Performance, Pro Performance AMP, Beyond Raw, GNC Puredge, GNC GenetixHD, and Herbal Plus, in addition to under third-party brands. It operates a network of about 8,900 locations worldwide.

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