News Corp and 2 Companies Hitting 52-Week Highs
Hawthorn Bancshares’s (NASDAQ:HWBK) board determined that a special stock dividend of 4% (to be paid July 1) to common shareholders of record at the June 15 close of business. Following trading in a one-year range of $5.50-$9.17, the company’s shares closed at $9.15, down 0.22% (or $0.02).
News Corp. (NASDAQ:NWS): Players in the focus of News Corp’s phone hacking scandal, Andy Coulson and Rebekah Brooks, will testify regarding their connections with Prime Minister David Cameron, the Wall Street Journal reports. News Corp’s shares closed up $1 (5.1%) on the day, at $20.60, and have traded from $13.83-$20.79 in a range of 52 weeks.
News Corp. (NASDAQ:NWSA): The Hill reports that, in response to requests to cancel the broadcasting license of News Corp’s Fox, FCC Chairman Julius Genachowski said yesterday that the agency is taking this request “very seriously.” Genachowski referred to the law’s requirement that holders of U.S. broadcasting licenses have “good character.” The Hill quoted the chairman saying, “We…take it very seriously, to look at the record, look at the facts, and apply the law.” The company’s shares closed up 4.85% ($0.94) on the day, at $20.32. The shares’ 52-week range has been $13.38-$20.40.
Quest Software (NASDAQ:QSFT): A mistake has been uncovered in the prior Australian income tax returns of Quest’s wholly-owned subsidiary, Quest Software Pty. Ltd. This error affects a number of periods stretching to the year ended Dec. 31, 1999, and is connected to a wrongly claimed research and development benefit that ended in a cumulative liability including income tax, interest and fines of $14.5 million. Shares for Quest closed at $25.19, up 0.08% ($0.02) on the day. A one-year range of trading is $14.61-$25.22.
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