MasterCard
Incorporated (NYSE:MA) dropped 1.01% to $250.61. The company
announced that its Board of Directors has declared a quarterly cash dividend to
holders of shares of its Class A common stock and Class B common stock.
The cash dividend of $0.15 per share will be paid on
February 9, 2011 to holders of record of its Class A common stock and Class B
common stock as of January 10, 2011.
The stock has average
daily volume of 1.01 million shares. At current market price, the market
capitalization of the company stands at $32.80 billion.
IntraLinks
Holdings, Inc. (NYSE:IL) declined 3.67% to $19.68. The company
announced the pricing of a follow-on public offering of 10,000,000 shares of
its common stock at $20 per share. The offering includes 2,000,000 shares
offered by the Company and 8,000,000 shares offered by certain selling
stockholders of IntraLinks.
IntraLinks intends to use the proceeds from the
shares it is offering for debt repayment and other general corporate purposes.
The stock opened at $19.80
and is trading within the range of $19.35-$19.87. The stock added more than 51%
year-to-date.
KEMET
Corporation (NYSE:KEM) lost 2.04% to $13.93. The company announced
a proposed secondary offering of 8.7 million shares of its common stock. The
shares to be offered are subject to issuance upon exercise of a currently
outstanding and exercisable warrant (Warrant) held by the selling
securityholder, K Equity, LLC (K Equity), an affiliate of Platinum Equity
Capital Partners II, L.P., a portion of which will be sold to and exercised by
the underwriters in connection with their sale of the underlying shares.
The stock has average daily volume of 426K shares.
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