Omnicom Board Increases Dividend and 3 Stocks Hitting 52-Week Highs
Morningstar (NASDAQ:MORN): Closing price $68.16
Morningstar has reported its estimated United States mutual fund asset flows through January. Investors contributed $86.5 billion to long-term open-end mutual funds in January, and 72 of 93 open-end categories recorded inflows. Along with inflows of $28.6 billion for exchange-traded funds, it was easily the biggest one-month inflow on record. All asset classes and each of the top-10 open-end fund providers experienced long-term fund inflows. Shares closed down 0.29 percent on the day at $68.16, and have been traded in a 52-week range of $54.71 to $68.70.
Nexen (NYSE:NXY): Closing price $27.43
On Tuesday, Nexen received approval from the Committee on Foreign Investment in the United States in regards to its proposed purchase by CNOOC Limited (NYSE:CEO), and it now has gotten all of the requisite approvals to proceed to the closing, which is expected the week of February 25th. Shares closed up 2.08 percent on the day at $27.43, having been traded in a 52-week range of $14.63 to $27.06.
Omnicom Group (NYSE:OMC): Closing price $56.02
Omnicom Group’s board has hiked the corporation’s quarterly cash dividend by 33 percent, from 30 to 40 cents per outstanding share of the firm’s common stock. This dividend is payable on April 2nd to shareholders of record at the close on March 5th. Shares closed up 1.19 percent on the day at $56.02, and have been traded in a 52-week range of $45.11 to $55.84.
Quidel Corp. (NASDAQ:QDEL): Closing price $23.00
Quidel posted its fourth quarter revenue $53.9 million, against consensus of $53.26 million, crediting its increase in revenue to growth of infectious disease products in the period, because of the early and severe onset of the influenza and respiratory disease season. Also, the firm reported its fourth quarter GAAP earnings of 26 cents, which is comparable to consensus. Shares closed down 2.71 percent on the day at $23.00, having been traded in a 52-week range of $14.15 to $23.64.
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