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Corporate Summary

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•    Shares of Apple Inc. (NASDAQ:AAPL) crossed $600 for the first time after the iPad and iPhone maker announced a dividend payout of $2.65 per share coupled with a share buyback program worth $10 billion

•    Target Corporation (NYSE:TGT) announced that its dividend will expectedly climb to $3 per share or more within 2017. The company also spoke of its plans to continue the share repurchases

•    United Parcel Service, Inc.’s (NYSE:UPS) acquisition bid worth $6.9 billion has reportedly been accepted by TNT Express

•    Shares of Broadcom Corporation (NASDAQ:BRCM) were up 2.6% after it announced that it had  won the preliminary injunction related to a major patent infringement case against Emulex Corporation (NYSE:ELX)
 

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Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
LAKE SHORE G LSG 0.77 +6.05%
QUESTCOR PHA QCOR 80.07 +2.47%
VIPSHOP HOLD VIPS 156.35 +1.82%
ENLINK MIDST ENLC 36.29 +1.60%
BNC BANCORP BNCN 17.33 +1.58%