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Staples Inc. Drops despite Dividend Announcement; Hillshire Farms Receives $7.7B All Cash Offer from Pilgrim’s Pride

Wednesday, 04 June 2014 12:10 AM

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MetLife, Inc. (NYSE: MET) - For an in-depth report on MetLife, Inc. follow: www.BullTrends.com/stockquote/MET

Shares of MET closed up a modest 2.74% on Tuesday with about 9.3 million shares traded. The stock was one of the most active stocks on the NYSE. Last week the company announced that it has begun a consumer-facing advertising campaign in support of the MetLife Premier Client Group, the company’s recently reorganized retail distribution organization within its U.S. Retail division. Under the banner “The MetLife Perspective,” the advertising differentiates the services offered by the MetLife Premier Client Group by highlighting the group’s unique approach of balancing risk and wealth management solutions to help clients succeed.

Vaporin, Inc. (OTCBB: VAPO) - For an in-depth report on Vaporin, Inc. follow: www.BullTrends.com/stockquote/VAPO

Vaporin Inc. closed up nearly 23% on Tuesday with about 2.4 million shares traded. The stock was one of the biggest gainers in the OTCBB market. The company announced it has entered into the medical cannabis industry through an exclusive distribution agreement with Terra Tech Corp. (OTCQB: TRTC) ("Terra Tech").

Staples, Inc. (NASDAQ: SPLS) - For an in-depth report on Staples, Inc. follow: www.BullTrends.com/stockquote/SPLS

Shares of Staples Inc. closed down a little over 2% on Tuesday with about 21.6 million shares traded. The stock hit a new yearly low of $10.88 during intra-day trading. Shares declined despite the company announcing a quarterly cash dividend on common stock of $0.12 per share. The dividend is payable on July 17, 2014, to shareholders of record on June 27, 2014.

The Hillshire Brands Company (NYSE: HSH) - For an in-depth report on The Hillshire Brands Company follow:  www.BullTrends.com/stockquote/HSH

Shares of HSH closed up 9.48% on about 14.4 million shares traded. The stock was one of the biggest gainers on the NYSE and hit a new yearly high of $58.89 during intra-day trading. Pilgrims Pride is continuing the bidding war with Tyson Foods to acquire the Hillshire Brands and made a $7.7 billion all-cash offer.

 

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