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Stocks to Watch: Dow Chemical Co (NYSE:DOW), Meritor Inc (NYSE:MTOR), Multimedia Games Holding Company Inc (NASDAQ:MGAM)

Stocks to Watch: Dow Chemical Co (NYSE:DOW), Meritor Inc (NYSE:MTOR), Multimedia Games Holding Company Inc (NASDAQ:MGAM)
Written by
Chris Sandburg
Published on
November 12, 2014
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The Dow Chemical Co (NYSE:DOW) has declared a 14% increase in the company's dividend, from $0.37 per share to $0.42 per share in the fourth quarter. This brings the company's annualized dividend to $1.68 per share. Dow Chemical Co (NYSE:DOW) also announced a new $5 billion tranche to its share repurchase program, bringing the total program to $9.5 billion. The dividend will be payable on January 30, 2015 to shareholders of record on December 31, 2014. Over the past 52 weeks, the company has traded between $38.42 and $54.97.Click here for a free comprehensive Trend Analysis ReportMeritor Inc (NYSE:MTOR) reported fiscal Q4 earnings and an outlook for 2015 earnings that were ahead of analysts' estimates. The supplier of integrated systems and components to the commercial truck, military, bus and other industrial original equipment manufacturers said adjusted earnings in the quarter ended Sept. 30 more than doubled to $0.35 per diluted share from $0.13 a year ago compared to the $0.13 average estimate from analysts polled by Capital IQ. Sales rose 3% to $933 million, coming in well ahead of the $918.9 million consensus estimate.Reported net income dropped sharply to $3 million or $0.03 per diluted share from $41 million or $0.42 a year ago. The year earlier saw a $125 million gain on the sale of an equity investment. For fiscal 2015, Meritor Inc (NYSE:MTOR) said it expects revenue of $3.8 billion, shy of the $3.9 billion consensus, and adjusted EPS from continuing operations between $1.20 and $1.30, well ahead of the $1.01 estimate.Click here for a free comprehensive Trend Analysis ReportMultimedia Games Holding Company Inc (NASDAQ:MGAM) reported fiscal Q4 earnings fell sharply on non-recurring acquisition costs and expenses while revenue fell short of analysts estimates. The maker of gaming machines to Native American casino operators as well as some international lottery operations said earnings in the quarter ended Sept. 30 fell to $3.8 million or $0.12 per diluted share from $10.0 million or $0.32 a year earlier.The drop in earnings was in large part due to $6.6 million in non-recurring acquisition costs, excluding which it would have risen slightly from a year ago. It didn't provide an adjusted per-share figure. Analysts polled by Capital IQ had expected GAAP earnings of $0.31 per share. Revenue edged higher to $50.5 million from $50.4 million but missed the $54.9 million consensus estimate. Multimedia Games Holding Company Inc (NASDAQ:MGAM) closed higher 0.4% on Tuesday, in the upper half of the 52-week range between $23.37 and $37.00.Click here for a free comprehensive Trend Analysis Report

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