o Greg Smith, an executive of The Goldman Sachs Group, Inc. (NYSE:GS), criticized the financial bellwether in an oped piece and vacated office. Consequently, the stock slumped 3.4%
o Shares of Cliffs Natural Resources Inc (NYSE:CLF) jumped 7.1% a day after it raised its quarterly dividend from $0.28 cents to $0.34 cents
o Zions Bancorporation’s (NASDAQ:ZION) announcement that it does not need to raise equity to pay Troubled Asset Relief Program (TARP) $1.4 billion helped the stock jump 10.5%
o Apple Inc. (NASDAQ:AAPL) received a favorable ruling from The Hague District Court, Netherlands, with the court preventing Samsung Electronics from banning iPhones and iPads in the country
To read this article on Zacks.com click here.
Zacks Investment Research
