Market Roundup

Shares of Host Hotels & Resorts Inc HST fell about 3.3% after the company's board of directors lifted its regular quarterly cash dividend to $0.04 per share, from $0.03 per share. The dividend is payable on October 17, 2011 to stockholders of record on September 30, 2011. Shares of Lloyds Banking Group PLC LYG declined about 8.5% after the company reported that Tim Tookey, group finance director, would step down at the end of February to join insurer Friends Life. Shares of UBS AG UBS dropped about 3.9% after the company lifted its estimate of losses from unauthorized rogue trades to $2.3 billion, a rise of $300 million from its previous figure. Shares of Stillwater Mining Company SWC fell about 4.4% after the company reported that it intends to offer $300 million aggregate principal amount of senior notes due 2016 in a private offering. Shares of Orient Paper Inc ONP gained about 1.5% after the company's Chairman and Chief Executive Officer, Mr. Zhenyong Liu, announced plans to purchase up to $400,000 worth of the company's common shares in open-market transactions during the next three months.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsMarketsDiversified BanksFinancialsMarket Roundup
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!