Intel Corporation (NASDAQ:INTC)- Recoiled Stocks in Momentum: Highwoods Properties (NYSE:HIW)

Several matter pinch shares of Intel Corporation (NASDAQ:INTC) [Trend Analysis], as shares moving up 2.31% to $36.80 with a share volume of 35.42 Million. CEO of Intel Israel and a vice president at Intel Corporation during the past 10 years, Maxine Fassberg reported on Tuesday that she has decided to step down. YanivGarty, Group General Manager, Wireless Connectivity Solutions at Intel Platform Engineering, and a vice president at the corporation, has been appointed to replace her.

The change will take effect at the end of March 2017. Fassberg joined Intel in the early 1980s as an engineer, and slowly but surely advanced to the top of the pyramid. She was on the startup team that established the multinational high-tech company’s manufacturing plant in Kiryat Gat, in southern Israel, and managed its engineering department. The stock is going forward its 52-week low with 36.14% and moving down from its 52-week high price with -3.34%. To have technical analysis views, liquidity ratio of a company was calculated 1.80 as evaluated with its debt to equity ratio of 0.44. The float short ratio was 1.64%, as compared to sentiment indicator; Short Ratio was 3.55.

Shares of Highwoods Properties, Inc. (NYSE:HIW) [Trend Analysis] runs in leading trade, it moving up 0.54% to traded at $50.16. The firm has price volatility of 1.73% for a week and 1.50% for a month. Its beta stands at 0.89 times. Highwoods Properties, Inc. (NYSE:HIW) declared that its BOD declared a special cash dividend of $0.80 per share of common stock. This dividend is payable on January 10, 2017 to shareholders of record as of December 27, 2016.

The principal purpose of the special dividend is to distribute taxable capital gains associated with the sales of the Company’s Country Club Plaza assets earlier in 2016. The special dividend will be paid January 10, 2017; however, it will be treated under applicable IRS rules as 2016 taxable income to shareholders. Narrow down four to firm performance, its weekly performance was 4.07% and monthly performance was 7.23%. The stock price of HIW is moving up from its 20 days moving average with 4.24% and isolated positively from 50 days moving average with 3.48%.

 

About Richard Avery

He is a capital projects manager and process design engineer at a large-cap company. He has renowned MBA degree. Before joining SWR, he was a freelance writer for renounce tech websites. He is currently studying for CFP exam. Interests: Tech stocks, Economic Markets, Blue-chips.

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