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Zacks #1 Stocks on the Move 05/17/2013
| Company Name | Symbol | %Change |
|---|---|---|
| VIASAT INC | VSAT | 19.35% |
| OLD SECOND B | OSBC | 5.76% |
| GAMCO INVEST | GBL | 4.61% |
| CORNING INC | GLW | 4.47% |
| SYNCHRONOSS | SNCR | 4.23% |
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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)
Read the full Analyst Report on AAPL
Read the full Analyst Report on TGT
Read the full Analyst Report on UPS
Read the full Analyst Report on BRCM
Read the full Snapshot Report on ELX