(AAPL) Company News for March 20, 2012 – Corporate Summary

•    Shares of Apple Inc. (NASDAQ:AAPL) crossed $600 for the first time after the iPad and iPhone maker announced a dividend payout of $2.65 per share coupled with a share buyback program worth $10 billion

•    Target Corporation (NYSE:TGT) announced that its dividend will climb to $3 per share or more within 2017. The company also spoke of its plans to continue the share repurchases

•    United Parcel Service, Inc.’s (NYSE:UPS) acquisition bid worth $6.9 billion has reportedly been accepted by TNT Express

•    Shares of Broadcom Corporation (NASDAQ:BRCM) were up 2.6% after it announced that it had  won the preliminary injunction related to a major patent infringement case against Emulex Corporation (NYSE:ELX)

APPLE INC (AAPL): Free Stock Analysis Report

BROADCOM CORP-A (BRCM): Free Stock Analysis Report

EMULEX CORP (ELX): Free Stock Analysis Report

TARGET CORP (TGT): Free Stock Analysis Report

UTD PARCEL SRVC (UPS): Free Stock Analysis Report

View original at: Zacks Investment Research – All Commentary Articles

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