Sinclair Broadcast Declares Dividend and 3 Stocks Reaching 52-Week Highs
Nexstar Broadcasting (NASDAQ:NXST): Closing price $15.17
Nexstar Broadcasting Group’s wholly-owned indirect subsidiary, Nexstar Broadcasting, will purchase the assets of KSEE (NYSE:TV), the NBC affiliate serving the Fresno market, from Granite Broadcasting Corporation at a price of $26.5 million in a transaction that should be immediately accretive to Nexstar. The license acquisition portion of the transaction is expected to close mid-year 2013. Shares closed up 2.29 percent on the day at $15.17, and have traded in a 52-week range of $6.00 to $14.85.
Robert Half International (NYSE:RHI): Closing price $ 35.86
Robert Half and BlackLine Systems have reached a new strategic alliance through which Robert Half will work with BlackLine to provide professionals who are certified to implement the BlackLine Financial Close Software. Shares closed up 0.7 percent on the day at $35.86, having been traded in a 52-week range of $25.10 to $35.78.
RTI International (NYSE:RTI):Closing price $30.76
RTI International is restructuring its management organization, so that the resulting structure unites the firm’s worldwide operations into two business segments – the Titanium Segment and the Engineered Products and Services Segment. The former combines RTI’s former Titanium and Distribution Groups. The Engineered Products and Services Segment is its former Fabrication Group, including the two most recent purchases, Remmele Engineering and the forming business of Aeromet International. Vice President Blane A. Salvador will be responsible for the Titanium Segment and will continue to report to Executive Vice President of Operations, James L. McCarley, who will be responsible for the Engineered Products and Services Segment. Shares closed up 6.58 percent on the day at $30.76, and have been traded in a 52-week range of $20.29 to $29.48.
Sinclair Broadcast (NASDAQ:SBGI): Closing price $14.49
Sinclair Broadcast declares a quarterly cash dividend of 15 cents per share on the firm’s Class A and Class B common stock. The dividend is payable on March 15th to the holders of record at the close of business on March 1st. Shares closed up 1.97 percent on the day at $14.49, having been traded in a 52-week range of $7.82 to $14.35.
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