Gartner (NYSE:IT): Closing price $54.41
Global information tech spending is projected to reach $3.8 trillion in 2013, making for a 4.1 percent increase from the 2012 spending of $3.6 trillion, says the latest forecast by Gartner. Worldwide devices spending is projected to reach $718 billion in 2013, up 7.9 percent from 2012. Despite flat spending on PCs and a modest slip in spending on printers, a short-term boost to spending on premium mobile phones has brought an upwards revision in the devices’ sector growth for 2013 from Gartner’s previous forecast of 6.3 percent. The outlook for 2013 for data center systems expenditure is forecast to grow by 3.7 percent in 2013, down 0.7 percent from Gartner’s previous forecast. Shares closed up 2.18 percent on Thursday at $54.41, and have been traded in a 52-week range of $39.50 to $53.95.
Liberty Global (NASDAQ:LBTYK): Closing price $68.63
Liberty Global has purchased 25.3 million shares in the Dutch operator, Ziggo from Barclays Capital Securities Limited at 25 euros per share, for an aggregate investment of around 632.5 million pounds. As a result, Liberty Global now owns 12.65 percent of Ziggo, based on the shares outstanding as of December 31, 2012. Shares closed up 1.95 percent on the day at $68.63, having been traded in a 52-week range of $43.24 to $67.45.
MasterCard Incorporated (NYSE:MA): Closing price $541.13
Alibaba Group and MasterCard have signed a memorandum of understanding through which to explore future collaboration in the area of e-commerce. The MOU intends to create joint efforts to set up an enhanced e-Commerce environment to benefit consumers and small businesses within and outside of China. Both parties have agreed to work jointly on innovations including cross-border payments, acceptance, security and risk management, as well as with MasterPass. Shares close up 0.58 percent on Thursday at $541.13, and have been traded in a 52-week range of $389.90 to $540.73.
MGC Diagnostics Corp (NASDAQ:MGCD): Closing price $6.99
MGC Diagnostics said that its board has approved a special, one-time cash dividend of 45 cents per share on its outstanding common stock, payable on April 26 to shareholders of record as of April 12. The firm also announced an extension of its current Stock Repurchase Program to October 31, as it would otherwise expire on July 31. This program presently has $2.735 million remaining. Shares closed up 10.95 percent on the day at $6.99, having been traded in a 52-week range of $5.01 to $6.89.
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