Dell Schedules Shareholder Meeting and 3 Stocks Reaching 52-Week Highs
Dell (NASDAQ:DELL) Closing price $13.71
Dell is scheduling meetings with shareholders so as to evaluate their demands for getting its $24.4 billion buyout completed and also readying a public response to critics of the deal, said sources to Bloomberg. Shares closed up 0.32 percent on the day at $13.71, having been traded in a 52-week range of $8.69 to $18.36
United Stationers (NASDAQ:USTR): Closing price $34.73
The firm expects to take a pre-tax charge in a range between $9 million and $11 million during the first quarter for closing certain OKI facilities, severance costs, and other related expenditures. Its aim is to improve the effectiveness and efficiency of operations. Shares closed up 0.38 percent on the day at $34.73, having been traded in a 52-week range of $23.93 to $34.69.
Koppers Holdings (NYSE:KOP): Closing price $41.44
Koppers Holdings has posted a fourth quarter continuing operations earnings of 65 cents, with consensus of 60 cents. Shares closed down 3.18 percent on the day at $41.44 and have traded in a 52-week range of $29.30 to $42.80.
Meredith Corporation (NYSE:MDP): Closing price $40.85
Time Warner (NYSE:TWX) is said to be in discussions to divest most of its Time magazine division to Meredith, according to Reuters, which added that that talks are “very fluid” and in the early stages. Time might have a valuation of between $2 billion and $3.5 billion. Shares closed up 7.56 percent on the day at $40.85, having been traded in a 52-week range of $26.89 to $38.36.