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$ESS said its BoD also declared a regular quarterly distribution for its Series H Preferred Stock for 1Q16 of $0.44531 per share. The preferred dividend is payable on April 15 to stockholders of record on April 1. The annual meeting will be held on May 17 at Palo Alto, CA with shareholders of Feb. 29 record will be entitled to vote.
The U.S. Treasury will be receiving $10 billion as dividends from the combined government-backed mortgage giants Fannie Mae and Freddie Mac. This is a sign that a recovered housing market is allowing the once-ailing firms to subsidize federal government spending.
$CSCO shift from hardware to becoming a software behemoth seems to be working for the company so far. Stock has seen a steady rise since the change. But is it sustainable?
Heard about the next generation iPhone. Going by the reports, it is believed that $AAPL will release three iphones this year.
Samsung chief Jay Y. Lee arrested under $36 million bribery charges. Stocks are also down. This is going to impact the sale of its Galaxy 8, set for April release. Here’s an opportunity for $AAPL to capitalize on a rival’s fall.