Author: FX_Trdr

Lexmark International Incorporated (LXK) maintained its quarterly dividend of 30 cents per share. The dividend is payable on December 14, 2012 to shareholders of record as of the close of business on November 30, 2012.

The Daily Ticker’s Aaron Task interviews Harvard Professor Daniel Shoag

Marathon Petroleum (MPC) was upgraded to outperform from from neutral by Credit Suisse (CS) with a price target of $75 due improving free cash flow. Shares are higher by about 1.4 percent.

The Daily Ticker’s Aaron Task and Henry Blodget discuss the new rules.

In trading on Friday, education & training services shares were relative leaders, up on the day by about 3.3%. Leading the group were shares of Devry (DV), up about 23% and shares of American Public Education (APEI) up about 7% on the day.

Apple (AAPL) announced that it earned $8.2 billion, or $8.67 per share, during the fourth quarter, versus $6.6 billion, or $7.05 per share in the same period last year. Revenue increased by $34.96 billion, in line with estimates of $35.8 billion.

A musician who lives in the same Kennebunk suburb as accused Zumba prostitute Alexis Wright has made a hit You Tube rap song about the case.

The Hershey Company (HSY) announced its quarterly dividend of 42 cents per share, an increase of about 11% over its prior dividend in August of 38 cents. The dividend is payable on December 14, 2012, to stockholders of record November 23, 2012.

As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy — they expect to make money. So let’s look at two noteworthy recent insider buys.

Allegheny Technologies (ATI) was downgraded by JP Morgan (JPM) to neutral from overweight with a $29 price target due to oversupply in the stainless steel market. Shares are lower by about three percent.