Company News for September 25, 2009 – Corporate Summary
Source: http://www.zacks.com/stock/news/25202/Company+News+for+September+25%2C+2009+-+Corporate+SummaryPosted on Friday, September 25th, 2009 | In Investing Lessons, Stocks to Watch
Contributed by: Zacks Market Commentaries (http://www.zacks.com/) -
• Research In Motion Ltd. (NASDAQ:RIMM) reported Q2 EPS of $1.03; revenues surged 37% year-over-year to $3.53 billion. The company sees Q3 revenues of $3.60-$3.85 billion and Q3 EPS of $1.00-$1.08.
• McDonald’s (NYSE:MCD) raised its quarterly dividend 10% to 55 cents, offering a current yield of 3.92%.
• Citigroup (NYSE:C) shares sank on news the firm plans to shrink its retail banking operations.
• Unilever (NYSE:UL) agreed to the $1.87 billion purchase of Sara Lee’s (NYSE:SLE) personal care business consisting of the Sanax and Duschdas brands.
• Twitter is reportedly ready to raise about $100 million in a new funding, which would value the company at about $1 billion.
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