Corning Hikes Quarterly Dividend and 2 More Heavily Traded Stocks to Follow
Corning (NYSE:GLW): Current price $13.82
The company’s board has okayed an increase in the quarterly common stock dividend, which will rise in the second quarter to 10 cents per share of common stock held, compared to 9 cents per share previously. The dividend will be payable on June 28 to holders of record on May 31, and marks the third dividend increase in the past 18 months. Also, the board authorized a share buyback program through which to purchase up to $2 billion of common stock periodically via open market or private transactions.
BlackBerry (NASDAQ:BBRY): Current price $14.88
On Wednesday the firm reported that it intends to fill one of the largest gaps in the application line-up on its new BlackBerry 10 products, with a long-expected Skype application. Skype was bought by Microsoft Corp (NASDAQ:MSFT) in 2011, and allows its users to communicate by means of voice, video or chat over the Internet, averting traditional telephone networks. Presently, the service has hundreds of millions of users worldwide. This announcement comes one day subsequent to BlackBerry saying that its new Q10 smartphone will be available in Canada on May 1, and in the United States before the end that month.
Oracle Corporation (NASDAQ:ORCL): Current price $33.51
Oracle announced Wednesday that Ambulance Victoria has commenced a project to deploy Oracle Exalytics In-Memory Machine to support a potentially life-saving Business Intelligence solution. Ambulance Victoria supplies pre-hospital care for patients who are experiencing medical emergencies, and is a critical link in Victoria state’s health care system. Through the provision of medical transport by road and air, AV ensures that both emergency and non-emergency patients are given the appropriate level of care. Oracle Exalytics will be utilized in tandem with Oracle Business Intelligence Foundation Suite for both operational reporting, and also analysis to help enhance patient care, financial management and the mapping of ambulance vehicle locations in real-time in connection to hospitals providing an estimated time of arrival.