Spartan Stores, Inc (NASDAQ:SPTN) is trading at $16.48 and increased 0.37% from the previous day’s close. Earlier this week, the company posted financial results for second quarter ended September 11, 2010. The operating earnings were $22.1 million compared with $21.0 million in the previous year quarter.
Yesterday, the company announced that its Board of Directors has declared a quarterly cash dividend of $0.05 per common share. The dividend is payable on December 15, 2010 to shareholders of record as of the close of business on December 1, 2010
Zagg Inc (NASDAQ:ZAGG) increased 3.02% to $7.51 after the company, yesterday, has issued third quarter guidance above the analysts estimates and increased revenue guidance for fiscal 2011.The revenue for third quarter 2010 is expected to be more than $22 million and for fiscal year 2010 revenue is expected to increase by 70%. The guidance is above the Reuters estimates that expect revenue to be $14.64 for third quarter of 2010 and $52.31 million for fiscal 2010.
Microsoft Corporation (NASDAQ:MSFT) is up 0.75% and currently trading at $25.42. Yesterday, Barclays Capital has reduced the price target to $28.0 from $30.0.
Hyatt Hotels Corporation (NYSE:H) moved up marginally 0.41% to $41.16. Yesterday, the company announced expansion plans in China. The Company is planning for 11 new Hyatt-branded hotels in emerging cities and resort destinations.
The 52-week range of the stock is $25.75-$43.88.
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