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Thursday 2 July 2015
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Stocks in the News - Pfizer, (PFE), Broadcom, (BRCM), The Mosaic Company, (MOS)

On Friday, Shares of Pfizer Inc. (NYSE:PFE), lost -0.29% to $33.92.

The board of directors of Pfizer Inc. declared a 28-cent third-quarter 2015 dividend on the company’s common stock, payable September 2, 2015, to shareholders of record at the close of business on August 7, 2015. The third-quarter 2015 cash dividend will be the 307th successive quarterly dividend paid by Pfizer.

Pfizer Inc., a biopharmaceutical company, discovers, develops, manufactures, and sells healthcare products worldwide. The company operates through Global Innovative Pharmaceutical (GIP); Global Vaccines, Oncology and Consumer Healthcare (VOC); and Global Established Pharmaceutical (GEP) segments.

Shares of Broadcom Corp. (NASDAQ:BRCM), declined -1.51% to $52.11, during its last trading session.

Broadcom Corporation, declared a series of Memorandum of Understanding (MOU) agreements with several Chinese companies, counting H3C, Inspur and StarTimes. The signing of these agreements at Broadcom’s annual Asia Media Summit reflect the company’s ongoing commitment to expand planned relationships in the region and drive further innovation in home entertainment and the digital home.

As part of the company’s raised emphasis on partnership in China, Broadcom will sign the following MOUs:

Inspur Group

A joint development agreement with Shandong-based systems integrator Inspur Group to drive continued innovation in 4K Ultra HD set-top box offerings for China. This agreement will utilize the technology strength and market expertise of Broadcom and Inspur’s unique position and previous collaboration to develop a new DOCSIS 3.0 Ultra HD set-top box that can power an entire digital home system.

“Inspur is committed to driving continuous innovation in cost-effective set-top boxes and smart home gateways,” said Cui Wei, Inspur Group Vice President and General Manager, Digital Media Business Unit. “As one of the world’s leading providers of broadband silicon, Broadcom offers a complete line of products to enable the digital home. We are happy to collaborate with Broadcom in providing Chinese subscribers with the optimum home entertainment experience.”

Broadcom Corporation provides semiconductor solutions for wired and wireless communications. Its products offer voice, video, data, and multimedia connectivity in the home, office, and mobile environments. The company operates in two segments: Broadband and Connectivity, and Infrastructure and Networking.

Finally, The Mosaic Company (NYSE:MOS), ended its last trade with 0.74% gain, and closed at $46.55.

The Mosaic Company, released its 2014 Sustainability Report titled, “Leading with Purpose,” which outlines the company’s sustainability progress and new 2020 sustainability targets. The company’s sixth Sustainability Report discloses information on 95 Global Reporting Initiative (GRI) indicators and is prepared in alignment with G4 Core Sustainability Reporting Guidelines, which have an raised focus on materiality. The report’s data has been assured, and its water, waste, energy and greenhouse gas emissions information is externally verified by third-party reviewers.

New Environmental Sustainability Targets:

Mosaic’s planned 2020 sustainability targets are designed to advance innovation across the company, drive resource conservation, and result in cost efficiencies and savings. They are the company’s second set of publically declared sustainability-related aims since 2009.

  • Reduce freshwater use by 10 percent per tonne of product produced; avoiding about 38 million cubic meters of freshwater withdrawal—or the water it takes to fill 15,000 Olympic-sized swimming pools.
  • Reduce total energy use by 10 percent per tonne of product produced; avoiding the use of about 30 million gigajoules of energy—or the energy it takes to power about 660,000 homes for a year.
  • Reduce greenhouse gas emissions by 10 percent per tonne of product produced (combined Scope 1 direct emissions and Scope 2 emissions from purchased electricity); avoiding the emission of about 3 million tonnes of CO2e—or the annual emissions produced by 580,000 cars.

The Mosaic Company produces and markets concentrated phosphate and potash crop nutrients for the agricultural industry worldwide. It operates through two segments, Phosphates and Potash. The Phosphates segment owns and operates mines in Florida.

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