Information provided by Theflyonthewall.com General Electric
) boosted its dividend by 12% to 19c per share and increased its existing share repurchase authorization by $10 billion.
Among companies reporting earnings last night, Adobe
) advanced nearly 6% while VeriFone
) declined over 10%.
Among the notable gainers were Solazyme
), up about 11% after announcing it has reached commercial-scale output at a facility in Iowa, and AVG Technologies
), up 9% after announcing a new Search and Distribution relationship with Yahoo!
Among the noteworthy losers was Best Buy
), which fell over 15% after its board extended the deadline for founder Richard Schulze to deliver a potential buy-out bid.
Also lower were shares of Centene
), down over 8% after the company cut its FY12 EPS guidance.