Lockheed Martin SCORES Army Contract and 4 Stocks Rocketing to 52-Week Highs
Google Inc. (NASDAQ:GOOGO) Sites, driven mainly by video viewing at YouTube.com, has been ranked as the top online video content property in July with 157 million unique viewers, with Facebook.com (NASDAQ:FB) coming in second with 53 million, Yahoo! (NASDAQ:YHOO) with 48.7 million, VEVO with 44.8 million, and Microsoft’s (NASDAQ:MSFT) sites with 42.7 million, according to comScore. There were almost 36.9 billion video content views during the month, and Google Sites gained the highest number at 19.6 billion, followed by AOL (NYSE:AOL) with 665 million, comScore added. The shares closed at $677.14, up $4.27 or 0.63% on the day. They have traded in a 52-week range of $480.60 to $674.64.
Lockheed Martin Corp (NYSE:LMT) received a $64 million contract from the U.S. Army for an extension of its Joint Air-to-Ground Missile Technology Development program. The 27-month extended Technology Development program is to include design, test, and demonstration phases for the JAGM guidance section. The JAGM guidance section will include the seeker, dome, and housing. The shares closed at $92.40, up $0.35 or 0.38% on the day. They have traded in a 52-week range of $68.17 to $92.24.
Mge Energy Inc.’s (NASDAQ:MGEE) board raised the regular quarterly dividend to 39.51c per share on the common stock of the company. The dividend will be payable on Sept. 15 to shareholders of record as of Sept. 1. With the increase, the new dividend will be equivalent to an annual rate of $1.5804 per share. The shares closed at $50.82, up $0.47 or 0.93% on the day. They have traded in a 52-week range of $39.30 to $50.37.
P & F Industries (NASDAQ:PFIN): Because of recent rises in P&F’s trading price, Stabosz’ sales mainly represent his current view of the opportunity cost of owning P&F, relative to several alternative investments he believes are more deeply undervalued. The shares closed at $6.24, up $0 or 0% on the day. They have traded in a 52-week range of $3.30 to $6.24.
Pultegroup (NYSE:PHM): Fitch Ratings has affirmed PulteGroup’s Issuer Default Rating and senior unsecured ratings at ‘BB,’ and the Rating Outlook has been changed to Stable from Negative. Fitch stated that the ratings and Stable Outlook are intended to reflect year-over-year improvement in operational and financial categories. The shares closed at $13.38, down $0.22 or 1.62% on the day. They have traded in a 52-week range of $3.29 to $13.75.
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