US Indicies Fight For Final Gains; Nine S&P 500 Dividends Increase

By Friday, European stocks hit a one-week high as a Spanish bailout becomes more likely after next week's policy meeting. Along with this news and continued optimism over Apple's (AAPL) iPhone 5 sale, US indices were lifted. Nine members of the S&P 500 have announced increased dividend payouts, including Yum Brands (YUM), McDonald's (MCD) and ConAgra (CAG). KB Homes (KBH) jumped to a new high of 14% after reporting a rebound in profit.
Research in Motion Ltd. (RIMM) saw shares fall 6.5% after its BlackBerry device suffered an outage. Oil prices rose for the second day, countering the 7% decline it saw early in the week and gold prices posted a modest gain after a drop in the dollar.

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Published on Sep 21, 2012
By InvestorGuide Staff

Copyrighted 2016. Content published with author's permission.

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