Apple Inc.(NASDAQ:AAPL) has accused Samsung Electronics Co. of copying key features of the iPhone in creating its own lines of smartphones. Samsung has countersued, claiming two of its patents were infringed. Apple is seeking $2.2 billion, and Samsung asked jurors for a little more than $6 million. The jury began deliberating Tuesday afternoon after a month-long trial. Apple Inc.(NASDAQ:AAPL) shares after opening at $592.64 moved to $599.43 on last trade day and at the end of the day closed at $590.09. Company price to sales ratio in past twelve months was calculated as 2.89 and price to cash ratio as 12.29. Apple Inc.(NASDAQ:AAPL) showed a positive weekly performance of 12.45%.
Lorillard (NYSE:LO) Director Kit D. Dietz sold 2,600 shares of the stock on the open market in a transaction dated Monday, April 28th. The shares were sold at an average price of $54.92, for a total transaction of $142,792.00. Following the completion of the transaction, the director now directly owns 15,476 shares of the company’s stock, valued at approximately $849,942. Lorillard Inc. (NYSE:LO) shares advanced 3.32% in last trading session and ended the day on $59.42. LO return on equity ratio is recorded as -17.30% and its return on assets is 40.40%. Lorillard Inc. (NYSE:LO) yearly performance is 45.46%.
MeadWestvaco Corp. (NYSE:MWV) announced a quarterly dividend on Monday, April 28th, American Banking News reports. Shareholders of record on Thursday, May 8th will be paid a dividend of 0.25 per share on Monday, June 2nd. This represents a $1.00 annualized dividend and a dividend yield of 2.64%. MeadWestvaco Corp. (NYSE:MWV) shares moved up 3.36% in last trading session and was closed at $39.07, while trading in range of $ 37.53 – 39.07. MeadWestvaco Corp. (NYSE:MWV) year to date (YTD) performance is 9.69%.
Harley-Davidson Inc (NYSE:HOG) Co. has turned a corner by re-imagining its products, aggressively seeking out new customers and focusing on international markets, the company’s chairman and CEO said Saturday. Keith Wandell, Harley’s chairman and chief executive officer, said this strategy has paid off for shareholders as the company declared a dividend Saturday of 27.5 cents per share, a 31 percent increase compared to the same time last year. Wandell made his comments during the company’s annual shareholder’s meeting held at the Harley-Davidson Museum in Milwauk. Harley-Davidson Inc (NYSE:HOG) weekly performance is 3.10%. On last trading day company shares ended up $73.94. Harley-Davidson Inc(NYSE:HOG) distance from 50-day simple moving average (SMA50) is 10.00%. Analysts mean target price for the company is $76.12.