Boston, MA, 02/24/2014 – On Friday, Hecla Mining Company (NYSE:HL), which is engaged in the development, production and marketing of metals like silver, gold, zinc and lead declared on that its Board of Directors have decided to payout quarterly cash dividend at the rate of $0.0025 per share of common stock. The dividend is scheduled to be paid out on March’26’ 2014 to all the shareholders appearing on the books as of the date March 19’2014. The company noted that its realized silver proce in the fourth quarter of the year 2013 was at $20.13, hence, did not support a larger dividend under its policy. Additionally, the board of Hecla Mining Company (NYSE:HL) also pronounced another regular quarterly dividend of $0.875 per share on its Series B Preferred Stock, to be paid out on April 1, 2014.
ConAgra Foods, Inc. (NYSE:CAG) gets hit by another legal issue as the U.S. appeals court revived a lawsuit, filed against it over the disclosure of the amount of sodium on its labelling of sunflower seeds packages. San Francisco based 9th U.S. Circuit Court of Appeals noted that the federal law does not prevent claims to be made for the disclosure of sodium content on the food labels. In response, ConAgra Foods, Inc. (NYSE:CAG) said that whey do not comment on pending lawsuits, but maintained on their accuracy of labelling and the quality of food.
In line with its plans, Qualcomm Inc. (NASDAQ:QCOM) introduced first multiband and multimode LTE chips for ZTE’s flagship smartphone, the Grand S II LTE today at the Mobile World Congress. The semiconductor company recently announced that it will introduce chips with new capabilities in order to keep manufacturers attracted to its product offerings, giving a tough competition to Intel, Broadcom and others. Qualcomm has been able to take a dominant market position in chips through accessing faster cellular network technology, known as LTE. While its rivals like Broadcom Corp. (NASDAQ:BRCM), Intel Corporation (NASDAQ:INTC) and MediaTek are also catching up, Qualcomm Inc. (NASDAQ:QCOM) is penetrating rapidly in emerging markets by extending the processors to the less expensive phone models.