Pilgrim’s Pride Corporation (NASDAQ:PPC) announced that as part of its strategy of improving its capital structure and generating shareholder value, its Board of Directors has approved the declaration of a special cash dividend of $5.77 per share. The total amount of the special dividend payment will be approximately $1.5 billion based on the current number […]

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Lexmark International Inc. (NYSE:LXK) confirmed it has entered into an agreement to be acquired by a consortium of investors, led by Apex Technology and PAG Asia Capital for $40.50 per share.     Shares of Lexmark closed for trading at $34.65 and were trading higher by more than 10 percent at $38.40 early Wednesday morning. […]

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Enable Midstream Partners LP (NYSE:ENBL) recently announced that Enable Gas Transmission, LLC (EGT), a wholly-owned subsidiary, will conduct a binding open season to solicit commitments for EGT’s Cana and STACK Expansion (CaSE). Together with existing EGT system capacity and EGT capacity on third-party pipelines, the CaSE project will provide residue takeaway solutions for growing production […]

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Advanced Micro Devices, Inc. (NASDAQ:AMD) debuted the Lenovo ThinkCentre M715 Tiny and ThinkPad E475 and E575, new commercial desktop and notebooks featuring 7th Generation AMD PRO APUs (formerly codenamed Bristol Ridge PRO). AMD PRO APUs are built for business, with robust security, reliability, and increased energy efficiency to help protect customers IT investments. These latest […]

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Cray Inc. (NASDAQ:CRAY) Lundin Law PC announces that it is investigating claims against Cray Inc. concerning possible violations of federal securities laws.     The investigation concerns Cray’s August 2, 2016 announcement of disappointing Second Quarter 2016 financial results. Cray also announced a change in its expected outlook for 2016 based on an electrical smoke […]

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Auspex Pharmaceuticals Inc. (NASDAQ:ASPX) soared about 60 percent after the drug developer said its product for treating chorea, or involuntary movement associated with Huntingtons disease, met the main goal in a late-stage study. The shares jumped about to $40 in extended trading after closing at $25.09 on Nasdaq. Patients administered SD-809, Auspexs lead drug, showed […]

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Hasbro, Inc. (NASDAQ:HAS) reported financial results for the full-year and fourth quarter 2015. Net revenues for the full-year 2015 increased 4% to $4.45 billion compared to $4.28 billion in 2014. Excluding a negative $394.5 million impact from foreign exchange, 2015 revenues increased 13%. As reported net earnings for the full-year 2015 increased 9% to $451.8 […]

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