Dividend Stock Movers: General Electric’s Cost Savings Service, Pfizer Partners Up, Intel Presses Pause
General Electric (NYSE:GE): GE Capital Fleet Services announced identified customer cost savings for the full year of 2011. By analyzing and benchmarking fleet data, GE Capital helps customers determine areas to maximize cost savings and increase productivity. The total amount of identified savings for 2011 was $347M, with optimal vehicle cycling for fleets yielding the highest cost savings of more than $124M for the year. GE is currently paying a dividend of 3.6% to shareholders.
Pfizer (NYSE:PFE): Mylan and Pfizer announced that Meridian Medical Technologies, a Pfizer subsidiary, has entered into a settlement agreement with Intelliject and Sanofi-Aventis (NYSE:SNY) that will resolve pending patent litigation related to Intelliject’s 505(NYSE:B)(2) new drug application for its epinephrine auto-injector known as e-cue™, which will be manufactured and marketed by Sanofi-Aventis. According to the terms of the settlement, Intelliject and Sanofi-Aventis may launch e-cue no earlier than Nov. 15, 2012, subject to receipt of final approval from the U.S. Food and Drug Administration. Additional terms of the agreement are confidential, and the agreement itself is subject to review by the U.S. Department of Justice and the Federal Trade Commission. Pfizer is currently paying a dividend of 4.1% to shareholders.
Intel Corp (NASDAQ:INTC): Wind River and Digia, Qt Commercial, a pioneer in the commercial development, licensing, support and services of Qt for desktop and embedded development, announced a collaboration to offer broad market availability and primary platform support for the Qt Commercial development framework on Wind River’s VxWorks real-time operating system. Intel (NASDAQ:INTC) has recently let partners know that it will postpone mass shipments of its upcoming Ivy Bridge processors, with shipments now expected for June. Intel is currently paying a dividend of 3.1% to shareholders.
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