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Shining on Major News: The Dow Chemical Company (NYSE:DOW), Johnson & Johnson (NYSE:JNJ), Ericsson (NASDAQ:ERIC)

Shining on Major News: The Dow Chemical Company (NYSE:DOW), Johnson & Johnson (NYSE:JNJ), Ericsson (NASDAQ:ERIC)
Written by
Joel Najarian
Published on
October 20, 2014
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The Dow Chemical Company (NYSE:DOW) recently announced that the U.S. Environmental Protection Agency (EPA) has granted a final approval to its Enlist Duo herbicide. The approval came under a month after the company received a final approval from the U.S. Department of Agriculture (USDA) to commercialize its ‘Enlist’ labeled corn and soybean seeds. The Dow Chemical Company (NYSE:DOW) in last trading activity increased 2.88% to close at $46.05. Company weekly performance is -3.20% while its quarterly performance stands at -10.58%. The Dow Chemical Company (NYSE:DOW) is -15.64% away from its 52 week high.Johnson & Johnson (NYSE:JNJ) reported its third quarter financial results on Oct. 14th. The figures included a sales figure of $18.5 billion, a 5.1% increase in value compared to the same period during the previous fiscal year. Additionally, the company also reported net earnings and diluted earnings per share figures of $4.7 billion and $1.66, respectively. Yesterday morning, the company also announced diluted earnings per share for the fourth quarter of $0.70 per common share. On last trading day Johnson & Johnson (NYSE:JNJ) increased 1.98% to close at $98.70. Its volatility for the week is 2.80% while volatility for the month is 1.74%. JNJ's sales growth for past 5 years was 2.30% and its EPS growth for past 5 years was 1.00%. Johnson & Johnson (NYSE:JNJ) monthly performance is -8.06%.Swedish telco-equipment giant Ericsson (NASDAQ:ERIC) has acquiredSentilla, a Redwood City, California-based company that develops data center management software for the IT side of the house. Ericsson (NASDAQ:ERIC) in last trading activity remains unchanged to close at $11.52. Company weekly performance is 0.96% while its quarterly performance stands at -8.13%. Ericsson (NASDAQ:ERIC) is -13.25% away from its 52 week high.Goldman Sachs downgraded shares of New Oriental Education & Tech Grp Inc. (NYSE:EDU) from a neutral rating to a sell rating in a research note released on Wednesday morning. New Oriental Education & Technology Group Inc. (NYSE:EDU) has 12.53% insider ownership while its institutional ownership stands at 81.20%. In last trading activity company's stock closed at $20.75.Montpelier Re Holdings (NYSE:MRH) declared a quarterly dividend on Wednesday, July 30th. Investors of record on Tuesday, September 30th will be given a dividend of 0.20 per share on Wednesday, October 15th. This represents a $0.80 dividend on an annualized basis and a yield of 2.56%. The ex-dividend date of this dividend is Friday, September 26th. On Friday shares of Montpelier Re Holdings Ltd. (NYSE:MRH) closed at $31.50. Company's sales growth for last 5 years was 9.50% and EPS growth for next 5 years is recorded as -7.38%.

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