Monsanto Company (NYSE:MON) announced that its Board of Directors, at a regularly scheduled meeting held, declared a quarterly dividend on its common stock of 43 cents per share. The dividend is payable on July 25, 2014 to shareowners of record on July 3, 2014. It relates to the third quarter of the company’s 2014 fiscal year. Monsanto Company (NYSE:MON) net profit margin is 17.50% and weekly performance is -0.86%. On last trading day company shares ended up $120.91. Analysts mean target price for the company is $131.55. Monsanto Company (NYSE:MON) distance from 50-day simple moving average (SMA50) is 4.56%.
BP plc (ADR) (NYSE:BP) s stock had its “market perform” rating reiterated by equities researchers at Sanford C. Bernstein in a research report issued on Friday. They currently have a GBX 500 ($8.41) target price on the stock. Sanford C. Bernstein’s price target would suggest a potential downside of 1.63% from the stock’s previous close. BP plc (ADR) (NYSE:BP) shares advanced 0.94% in last trading session and ended the day on $51.34. Gross Margin is 12.90% and its return on assets is 3.30%. BP plc (ADR) (NYSE:BP) quarterly performance is 9.12%.
NQ Mobile Inc (ADR) (NYSE:NQ) has announced that it will sell a minority stake of its wholly owned subsidiary Beijing NationSky. It has signed a definitive agreement with Beijing Guorun Qilian Venture Capital Center (LP) who is the buyer of the stake in NationSky. The later will buy 3.40% stake in NationSky for $18 million. It will be done at a pre-money valuation of $500 million or post money valuation of $530 million. The company also has plans to further sell 2.3% of NationSky to the other parties in the coming months. It has plans to generate $12 million from the future stake sale. NQ Mobile Inc (ADR) (NYSE:NQ) shares moved down -5.03% in last trading session and was closed at $7.74, while trading in range of $7.63 – $8.18. NQ Mobile Inc (ADR) (NYSE:NQ) year to date (YTD) performance is -47.35%.
On June 6, One such stock that you may want to consider dropping is The Dixie Group, Inc. (NASDAQ:DXYN) which has witnessed a significant price decline in the past four weeks, and it has seen negative earnings estimate revisions for the current quarter and the current year. A Zacks Rank #5 (Strong Sell) further confirms weakness in DXYN. Dixie Group Inc (NASDAQ:DXYN) ended the last trading day at $10.44. Company weekly volatility is calculated as 5.01% and price to cash ratio as 554.36. Dixie Group Inc (NASDAQ:DXYN) showed a negative weekly performance of -5.95%.
On May 16, The Board of Directors of Albany International Corp. (NYSE:AIN) declared a quarterly dividend of $0.16 per share on the Company’s Class A and Class B Common Stock, payable on July 8, 2014, to shareholders of record on June 6, 2014. This represents an increase of $0.01 from the most recent quarterly dividend. Albany International Corp. (NYSE:AIN) net profit margin is 2.20% and weekly performance is -2.01%. On last trading day company shares ended up $36.53. Analysts mean target price for the company is $39.50. Albany International Corp. (NYSE:AIN) distance from 50-day simple moving average (SMA50) is 1.41%.