Why Making Dramatic Moves: Fifth Third Bancorp (NASDAQ:FITB), U.S. Bancorp (NYSE:USB), Red Hat (NYSE:RHT), ADTRAN (NASDAQ:ADTN), U.S. Global Investors, Inc. (NASDAQ:GROW),

Technology Stocks News 14

Fifth Third Bancorp (NASDAQ:FITB) declared a cash dividend on its common shares of $0.13 for the third quarter of 2014. The dividend is payable on October 16, 2014 to shareholders of record as of September 30, 2014. Fifth Third Bancorp (NASDAQ:FITB) belongs to Financial sector. Its net profit margin is 37.90% and weekly performance is 1.42%. On last trading day company shares ended up $20.74. Fifth Third Bancorp (NASDAQ:FITB) distance from 50-day simple moving average (SMA50) is 1.42%.

U.S. Bancorp (NYSE:USB) declared a quarterly dividend of 24.5 cents a share on Tuesday. Shares of the bank were gaining 0.4% to $42.54. The dividend is in line with the company’s previous dividend. The quarterly dividend is payable on Oct. 15 to all shareholders of record as of the close of the market on Sept. 30. The ex-dividend date is Sept. 26. U.S. Bancorp (NYSE:USB) shares increased 0.76% in last trading session and ended the day at $42.69. USB return on assets is 1.50%. U.S. Bancorp (NYSE:USB) quarterly performance is -0.93%.

Red Hat Inc. (NYSE:RHT) has a Zacks Rank #3 (Hold). On 17 September, Red Hat, Inc. (NYSE:RHT) shares increased 0.58% and was closed at $61.08. RHT EPS growth in last 5 year was 19.00%. Red Hat, Inc. (NYSE:RHT) year to date (YTD) performance is 8.99%.

ADTRAN, Inc. (NASDAQ:ADTN) says the Northwest Telecommunications Association (NWTA) is using its Total Access 5000 platform to advance fiber-to-the-home (FTTH) initiatives in nearly 400 communities throughout Oregon and Washington. ADTRAN Inc. (NASDAQ:ADTN) ended the last trading day at $22.44. Company weekly volatility is calculated as 2.10% and price to cash ratio as 11.71. ADTRAN Inc. (NASDAQ:ADTN) showed a weekly performance of -1.19%.

U.S. Global Investors, Inc. (NASDAQ:GROW) begin trading ex-dividend on September 11, 2014. A cash dividend payment of $0.005 per share is scheduled to be paid on September 29, 2014. Shareholders who purchased GROW stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 24th quarter that GROW has paid the same dividend. At the current stock price of $3.64, the dividend yield is 1.65%. U.S. Global Investors, Inc. (NASDAQ:GROW) shares increased 1.43% in last trading session and ended the day at $3.55. GROW Gross Margin is 83.30% and its return on assets is -2.70%. U.S. Global Investors, Inc. (NASDAQ:GROW) quarterly performance is 6.93%.

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