Stocks in news: QUALCOMM (NASDAQ:QCOM), Alimera Sciences (NASDAQ:ALIM), Bank of America Corporation (NYSE:BAC), Citigroup Inc. (NYSE:C), Yelp (NYSE:YELP)

Qualcomm Inc (NASDAQ:QCOM) said it would buy back up to $15 billion of shares and raise its quarterly dividend. The company said it would finance its capital return program mainly through borrowings from the public debt markets this year. The replaces the previous program, which had $2.1 billion authorization remaining, Qualcomm said.On Monday shares of QUALCOMM, Inc. (NASDAQ:QCOM) closed at $72.71. Company’s sales growth for last 5 years was 20.60% and EPS growth for next 5 years is recorded as 10.50%.

On March 4, Alimera Sciences Inc (NASDAQ:ALIM) reported Q4 EPS of ($0.28), $0.45 worse than the analyst estimate of $0.17. Revenue for the quarter came in at $1.7 million versus the consensus estimate of $5.11 million. Alimera Sciences, Inc. (NASDAQ:ALIM) in last trading activity fell -1.37% to close at $5.04. Company weekly performance is -3.08% while its quarterly performance stands at -11.58%. Alimera Sciences, Inc. (NASDAQ:ALIM) is -39.71% away from its 52 week high.

Bank of America Corporation (NYSE:BAC) announced the Board of Directors declared a regular quarterly cash dividend on Bank of America common stock of $0.05 per share, payable March 27 to shareholders. On Monday shares of Bank of America Corporation (NYSE:BAC) closed at $16.17. Company’s sales growth for last 5 years was -8.20% and EPS growth for next 5 years is recorded as 8.00%.

On March 5, it was reported that, Citigroup Inc (NYSE:C) had at least one advantage in its successful bid for the exclusive right to issue credit cards for Costco Wholesale Corp, rivals and tax specialists say: it lost so much money during the financial crisis that it has billions of dollars of tax credits. Citigroup and Costco have not disclosed terms of the deal, and outsiders can only speculate about the reasons Citigroup bid aggressively enough to win the business. Citigroup Inc. (NYSE:C) in last trading activity moved down -0.21% to close at $52.95. Company weekly performance is -1.01% while its quarterly performance stands at -4.02%. Citigroup Inc. (NYSE:C) is -7.01% away from its 52 week high.

Axiom Securities assumed coverage on shares of Yelp Inc (NYSE:YELP) in a research note issued on Monday. The firm set a “hold” rating and a $48.00 price target on the stock. Axiom Securities’ price target points to a potential upside of 2.02% from the stock’s previous close. On last trading day Yelp, Inc. (NYSE:YELP) moved down -2.61% to close at $45.82. Its volatility for the week is 3.32% while volatility for the month is 3.49%. YELP’s sales growth for past 5 years was 71.00% and its EPS growth for past 5 years was 65.10%. Yelp, Inc. (NYSE:YELP) monthly performance is -20.27%.

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