On Wednesday, Shares of General Electric Company (NYSE:GE), gained 0.67% to $27.21.
General Electric, is preparing to sell its Japanese commercial finance business, as part of chief executive Jeff Immelt’s strategy to spin off most of GE Capital, the Wall Street Journal stated on Wednesday.
The U.S. conglomerate will be putting one of its key Asian financing operations on the block, the reports said, citing unnamed sources “familiar with the situation.”
General Electric Company (GE) operates as an infrastructure and financial services company worldwide. The company’s Power and Water segment offers gas, steam and aeroderivative turbines, nuclear reactors, generators, combined cycle systems, controls, and related services; wind turbines; and water treatment services and equipment.
Shares of Cypress Semiconductor Corporation (NASDAQ:CY), declined -0.28% to $12.65, during its last trading session.
Cypress Semiconductor Corporation, declared that its Board of Directors has approved a quarterly cash dividend of $0.11 per share payable to holders of record of the Company’s common stock at the close of business on June 25, 2015. This dividend will be paid on July 16, 2015.
The dividend will be paid from U.S. domestic sources other than the Company’s retained earnings and is predictable to be treated as a return of capital for U.S. tax purposes for the 2015 fiscal year. Cypress’s dividend policy and the payment of cash dividends under that policy are subject to the Board’s ongoing determination that the dividend policy and the declaration of dividends are in the best interests of Cypress’s stockholders and are in compliance with all laws and agreements of Cypress applicable to the declaration and payment of cash dividends. The dividend policy may be changed or cancelled at the Company’s discretion at any time.
Cypress Semiconductor Corporation provides mixed-signal programmable solutions, specialized semiconductor memories, and integrated semiconductor solutions worldwide. The company’s Memory Products division designs and manufactures static random access memory (SRAM) products and nonvolatile RAMs used to store and retrieve data in networking, wireless infrastructure and handsets, computation, consumer, automotive, industrial, and other electronic systems; and general-purpose programmable clocks.
At the end of Wednesday’s trade, Shares of American Eagle Outfitters, Inc. (NYSE:AEO), gained 1.97% to $16.54.
In conjunction with American Eagle Outfitters, first quarter 2015 earnings release, you are invited to listen to a broadcast of the conference call live over the Internet on Wednesday, May 20, 2015 at 11:00 a.m. ET.
American Eagle Outfitters, Inc. operates as a retailer of apparel and accessories in the United States and internationally. The company’s stores offers denims, pants, shorts, sweaters, fleece, outerwear, graphic T-shirts, footwear, and accessories for 15 to 25 year old men and women under the American Eagle Outfitters brand name; and intimates and personal care products for women the aerie brand name.
Finally, Zillow Group, Inc. (NASDAQ:Z), ended its last trade with -1.99% loss, and closed at $96.03.
Zillow Group - The real estate website operator stated profit of 5 cents per share, better than the consensus analyst forecast of an 11 cent per share loss. Revenue was also better than predictable on improved ad sales, and Zillow also stated upbeat growth in its mobile business.
Zillow Group, Inc. operates real estate and home-related information marketplaces on mobile and the Web in the United States. It offers a portfolio of brands and products to assist people find vital information about homes, and connect with local professionals.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
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.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.
