7 Hot Radar Stocks: Apple Closes Below $600, Domino’s Issues Special Dividend

After briefly touching $600 per share on Thursday, Apple Inc. (NASDAQ:AAPL) were unable to close the week above the level.  Apple closed at $585.57 and edged slightly lower in late Friday trading.

Shares of Morgan Stanley (NYSE:MS) and Goldman Sachs Inc. (NYSE:GS) edged slightly lower in extended trading.  Financial stocks performed well this week as the Federal Reserve’s stress tests results earlier in the week gave a boost to the sector.

OmniVision Technologies Inc. (NASDAQ:OVTI) closed more than 2 percent higher on Friday.  Chipworks confirmed that the company’s image sensors are used for both the new iPad’s front and rear cameras.

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Domino’s Pizza Inc. (NYSE:DPZ) shares jumped 3.5 percent after the closing bell.  The company declared a special $3 per share dividend.  “Paying less in interest, along with the stability of a fixed interest rate over the next seven years, and the flexibility of an available revolver, gives us the ability to invest in the business and reward shareholders,” chief executive officer Patrick Doyle explained.

Yahoo! Inc. (NASDAQ:YHOO) closed nearly 2 percent higher on Friday.  According to sources, the internet company is preparing a massive restructuring, including thousands of layoffs.  Google Inc. (NASDAQ:GOOG) and Facebook are reportedly trying to acquire the soon-to-be laid off workers.

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To contact the reporter on this story: Eric McWhinnie at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com