Morningstar Announces Dividend and 4 Stocks Riding 52-Week Highs
Morningstar’s (NASDAQ:MORN) board of directors has declared a dividend of 12.5 cents per share payable December 28th to shareholders of record as of December 17th. The dividend represents an increase to 12.5 cents per share from 10 cents. The board okayed an increase to the firm’s share buyback authorization from $300 million to $500 million. Shares closed up 0.47 percent on the day at $64.58, having been traded in a 52-week range of $54.71 to $64.72.
Maxim Integrated Products (NASDAQ:MXIM) will sell its digital video processing unit to Harris & Harris Group, which is an investor in the privately-held GEO Semiconductor. The transaction should to close before December 31st, but the terms of the sale were not disclosed. Shares closed down 0.51 percent on the day at $29.48, and have traded in a 52-week range of $23.55 to $30.00.
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Solera Holdings (NYSE:SLH) reported that it has purchased 100 percent of the outstanding shares of CarweB. Shares closed up 1.41 percent on the day at $53.08, having been traded in a 52-week range of $36.81 to $52.60.
Sanofi-Aventis’ (NYSE:SNY) company Genzyme, reported it has received a European Commission okay of a product label expansion for the use of Thyrogen with a wider irradiation dose range for postoperative thyroid remnant ablation. Thyrogen is used prior to radioiodine treatment to avoid temporarily discontinuing thyroid replacement therapy for postoperative thyroid remnant ablation. The revised indication in remnant ablation gives physicians the option of administering a reduced dose of radioiodine. Shares closed up 0.56 percent on the day at $46.32, and have been traded in a 52-week range of $33.03 to $46.06.
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Uni-Pixel (NASDAQ:UNXL) is collaborating with a manufacturer of personal computers to develop and introduce products that contain next-generation touch screens based on UniPixel’s UniBoss pro-cap, multi-touch sensor film. The firm has granted the PC maker a limited exclusive license in the notebook market segment for UniBoss Performance Engineered Film tech that gives the licensee dedicated production capacity, priority development, and preferred pricing. The terms of the arrangement and name of the PC maker are private. Shares closed up 18.04 percent on the day at $9.75, and have been traded in a 52-week range of $4.27 to $8.50.