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$PEP 1Q15 10-Q: In Feb. 2015, PepsiCo announced a new share repurchase program of up to $12Bil, commencing on July 1, 2015 and expiring in June 2018. This is in addition to the current $10Bil program. In Feb., PEP also announced a 7% increase in annualized dividend to $2.81 per share, effective with the dividend expected to be paid in June 2015.
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.