Vale S.A. (NYSE:VALE), said Jan 30, that it plans to slash dividends to the lowest level in eight years in a bid to shore up cash amid spiraling commodities prices. Vale’s management proposed to the board a $2 billion minimum dividend payment for 2015, down from $4.2 billion last year and the lowest outlay since 2007.On Friday shares of Vale S.A. (NYSE:VALE) closed at $7.35. Company’s sales growth for last 5 years was 4.60% and EPS growth for next 5 years is recorded as -0.80%.
Announced Jan 25, that Fairpoint Communications, Inc. (NASDAQ:FRP) and its workers hit the one hundred day mark this weekend for the strike that started when more than 1,700 workers walked off the job in October. On last trading day Fairpoint Communications, Inc. (NASDAQ:FRP) decreased -1.84% to close at $15.47. Its volatility for the week is 3.38% while volatility for the month is 3.67%. FRP’s sales growth for past 5 years was -5.90% and its EPS growth for past 5 years was -36.00%. Fairpoint Communications, Inc. (NASDAQ:FRP) monthly performance is 11.46%.
Ladenburg Thalmann cut shares of Pebblebrook Hotel Trust (NYSE:PEB) from a buy rating to a neutral rating in a research report sent to investors on Tuesday morning, TheFlyOnTheWall.com reports. Pebblebrook Hotel Trust (NYSE:PEB) has 1.50% insider ownership. In last trading activity company’s stock closed at $47.12.
China Green Agriculture, Inc. (NYSE:CGA) announced that the Company’s affiliate, 900LH.com Food Co., Ltd. (“900LH.com”, previously announced as Xi’an Gem Grain Co., Ltd) has entered into an agreement to jointly build an “Agricultural Comprehensive Development Base Project” (the “Project”) with the Shiquan County Government in China. The total investment on the Project is expected to be three billion RMB (about 480 million USD, with the initial investment of 50 million RMB (about 8 million USD) to be made in spring 2015. On Friday shares of China Green Agriculture, Inc. (NYSE:CGA) closed at $1.92. Company’s sales growth for last 5 years was 46.00% and EPS growth for next 5 years is recorded as 12.50%.
Actinium Pharmaceuticals, Inc. (NYSEMKT:ATNM) probe looking at China as possible source of hack. Anthem’s computer experts, and private contractors the company has hired to investigate the hack, are convinced the breach of their systems came from China, according to government and private sector people involved in the investigation. Actinium Pharmaceuticals, Inc. (NYSEMKT:ATNM) in last trading activity moved down -24.45% to close at $3.77. Company weekly performance is -30.06% while its quarterly performance stands at -49.40%. Actinium Pharmaceuticals, Inc. (NYSEMKT:ATNM) is -74.87% away from its 52 week high.