6 Late Movers Hitting Radars: H&R Block Cutting 350 Jobs, Oil Giants Hike Dividends
Apple Inc. (NASDAQ:AAPL) shares finished 8.9 percent higher today. The tech giant reported strong earnings late Tuesday and received several price target upgrades on Wednesday. Shares continued to edge slightly higher in late trading.
Shares of H&R Block Inc. (NYSE:HRB) plummeted more than 13 percent after the closing bell. The company announced it plans to cut 350 full-time jobs and close about 200 under-performing offices. H&R Block is also looking for a new chief financial officer.
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Crocs Inc. (NASDAQ:CROX) shares fell 8.3 percent in extended-trading. The company reported a profit of $28.3 million (31 cents per share) for the first quarter, compared to $21.5 million (24 cents per share) a year earlier. However, Crocs issued a disappointing outlook for the second-quarter.
After closing 4.2 percent higher on Wednesday, shares of Las Vegas Sands Corp. (NYSE:LVS) edged lower in late trading. The casino company announced first quarter profits of $498.9 million (61 cents per share), compared to $289.3 million (28 cents per share) a year earlier.
Shares of oil giants Chevron Corp. (NYSE:CVX) and Exxon Mobil Corp. (NYSE:XOM) climbed higher after announcing dividend hikes. Chevron is raising its quarterly dividend by 11.1 percent to 90 cents per share, while Exxon hiked its dividend by 21 percent to 57 cents per share. Exxon’s new annual dividend of $2.28 will result in a $10.7 billion payment.
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