Oracle Corporation (NASDAQ:ORCL)
went up 1.14% to $29.23 on about 35.81 million shares. Last week, there was
speculation that the company may be considering acquiring EMC Corp., the data
storage systems company.
At today`s closing market price, the market
capitalization of the company stands at $146.94 billion. The stock created its
fresh 52-week high of $29.23.
International Business Machines
Corp. (NYSE:IBM) surged 1.25% to $142.83 on over 10.34
million shares. After the market hours, the company said its quarterly net
income rose to $3.6 billion, or $2.82 a share, from $3.2 billion, or $2.40 a
share, in the same period last year.
Analysts
polled by FactSet Research had expected IBM to report third-quarter earnings of
$2.76 a share on $24.2 billion in revenue.
The
stock made its new one-year high of $143.03.
Eli Lilly & Co. (NYSE:LLY)
went up 0.79% to $38.06 on about 10.37 million shares after it created its
fresh 52-week high of $38.08. The company announced that the Board has declared
a dividend for the fourth quarter of 2010 of $0.49 a share on outstanding
common stock. This is the same dividend as was paid in the first three quarters
of 2010 and brings the total annual dividend for 2010 to $1.96 per share.
The
stock jumped more than 5% year-to-date.
Hasbro,
Inc. (NYSE:HAS) advanced 3.83% to $46.81 on about 3.58
million shares. The company said that its third-quarter net profit rose 3.2% to
$155.2 million from $150.4 million a year earlier as revenue rose 2.7% to $1.31
billion. Earnings per share in the quarter increased to $1.09 from 99 cents as
the average number of shares declined.
Analysts polled by FactSet Research had been
expecting earnings of $1.04 a share on sales of $1.29 billion.
The
stock made its new 52-week high of $48.78.
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