On Wednesday, Shares of Corning Incorporated (NYSE:GLW), added 1.67% and closed at $23.80 in the last trading session. The last trading range of the stock ranges between $23.51 and $23.89. The company’s Market capitalization is $24.42 Billion with the total Outstanding Shares of 1.04 billion. The Board of Directors of Corning Incorporated (GLW) recently declared a $0.135 per share ($0.54 per share on an annual basis) quarterly dividend on the company`s common stock. The dividend will be payable on December 15, 2016 to holders of record on November 17, 2016.
Cliffs Natural Resources Inc (NYSE:CLF), jumped 2.16% and closed at $5.68 in the last trading session. The last trading range of the stock ranges between $5.61 and $5.77. The company’s Market capitalization is $1.23 Billion with the total Outstanding Shares of 228.31 Million. Cliffs Natural Resources Inc. (CLF) recently said it will be announcing third-quarter 2016 financial results before the U.S.-market open on Thursday, October 27, 2016.
Tyson Foods, Inc. (NYSE:TSN), jumped 0.14% and closed at $73.77 in the last trading session. The last trading range of the stock ranges between $73.03 and $74.09. During the 52-week trading session the minimum price at which share price traded, registered at $42.89 and reached to max level of $77.05. Tyson Fresh Meats, Inc., a wholly owned partner of Tyson Foods, Inc. (TSN), is investing $27 million to expand the production capacity of its case-ready beef and pork plant in Council Bluffs, Iowa.
The project will include a 55,000 sq. foot addition for new production lines and warehouse space and increase the plant’s capacity to produce fresh ground beef, beef and pork cuts, and meal kits that are ready for distribution to retail grocers. The expansion is underway and planned to be accomplished in July 2017. It is expected to add 350 jobs, bringing total employment at the plant to more than 1,400.
“Tyson Fresh Meats’ declarement is great news for the Council Bluffs community,” said Bob Mundt, president and CEO of the Council Bluffs Chamber of Commerce. “Tyson Fresh Meats is not only one of the leading employers in the area, it’s a noteworthycontributor to our local economy. We look forward to the jobs that will be created through this expansion.”