On Monday, Shares of ArcelorMittal SA (ADR) (NYSE:MT), added 2.07% and closed at $6.42 in the last trading session. The last trading range of the stock ranges between $6.40 and $6.50. The company’s Market capitalization is $20.24 Billion with the total Outstanding Shares of 2.14 Billion. During the 52-week trading session the minimum price at which share price traded, registered at $2.93 and reached to max level of $6.94. ArcelorMittal, together with its auxiliaries, operates as an integrated steel and mining company worldwide. The company operates through five segments: NAFTA; Brazil; Europe; Africa & Commonwealth of Independent States; and Mining. It produces finished and semi-finished steel products. The companys products include flat products, such as slabs, plates, hot-and cold-rolled coils and sheets, hot-dipped and electro-galvanized coils and sheets, and tinplate and color coated coils and sheets; and seamless and welded pipes and tubes. It also offers long products, counting blooms and billets, bars, wire-rods, structural sections, rails, sheet piles, and wire-products. The company provides its steel products to the automotive, appliance, engineering, construction, energy, and machinery industries. It sells its products in local markets and through a centralized marketing organization in about 160 countries. In addition, the company produces mining products, counting iron ore lumps, fines, concentrates, and sinter feeds, in addition to coking, pulverized coal injection, and thermal coal.
KLA-Tencor Corp (NASDAQ:KLAC), jumped 1.20% and closed at $73.54 in the last trading session. The last trading range of the stock ranges between $72.75 and $73.71. The company’s Market capitalization is $11.64 Billion with the total Outstanding Shares of 156.32 million. During the 52-week trading session the minimum price at which share price traded, registered at $51.16 and reached to max level of $77.85. KLA-Tencor Corporation(R) (KLAC) recently declared that its board of directors has authorized a boost of the level of the company’s quarterly dividend from $0.52 to $0.54 per share. This increase is expected to take effect starting with KLA-Tencor’s quarterly dividend to be declared in November 2016. This represents a four percent increase contrast to the prior quarterly dividend, and is the eighth quarterly dividend increase since KLA-Tencor first instituted its dividend policy in April 2005.
“Recently’s dividend increase reflects the continued strength and sustainability of KLA-Tencor’s cash flow, our confidence in our business model, and our commitment to enhancing stockholder value,” said Rick Wallace, president and chief executive officer of KLA-Tencor.