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Independent oil and gas producer $XEC said its BoD has declared a quarterly cash dividend of $0.08 per share, an $0.08 reduction from prior dividend. The dividend is payable on June 1 to stockholders of record on May 13. CEO Tom Jorden feels the dividend adjustment as appropriate in light of the current commodity price environment.
$JNJ down 2% in pre-market trading. Earnings beat expectations, but sales disappointed. Johnson is cautious on its outlook. How it will perform in the future?
$YHOO is reporting today after market close. Nobody cares about this stock.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.