5 – Mead Johnson Nutrition Company – NYSE:MJN
4 – Bank of the Carolinas Corp. – NASDAQ:BCAR
3 – Research In Motion Limited – NASDAQ:RIMM
2 – Citigroup – NYSE:C
1 – Bristol-Myers Squibb – NYSE:BMY
* Mead Johnson Nutrition board of directors recently declared a regular quarterly dividend on its common stock of $0.20 per share for the quarter ending Dec. 31, 2009. The dividend will be paid on Jan. 15, 2010, to shareholders of record on Dec. 31, 2009. Shares of MJN rose 2 percent to $43.09.
* Debuting on the HIGH 5 this Wednesday is Bank of the Carolinas. The company's stock plunged 11.9 percent to $4.90 in the absence of any company-specific news on Tuesday.
* Recent checks by an MKM Partners analyst show RIM's BlackBerry phones are now outselling comparable Nokia models in Europe. RIMM dropped an additional 3.6 percent to $67.22 on the Nasdaq Tuesday.
* The U.S. Federal Bureau of Investigation is probing a computer hacking that targeted Citigroup and resulted in the theft of tens of millions of dollars, which was reported on Tuesday. Shares of C fell 2.3 percent to $3.34 on the NYSE.
* Drugmaker Bristol-Myers Squibb is back on the HIGH 5 for the second straight day after announcing that beginning with the first quarter of 2010, it plans to increase its quarterly dividend by 3.2 percent. Shares of BMY came off 1.1 percent to $25.59 on Tuesday.
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LocateStock is the premiere electronic securities lending company providing revolutionary, real-time, hard-to-borrow stock locates and market data to hedge funds and professional traders seeking an efficient and private way to borrow stock associated with short sales. The HIGH 5 is a daily financial news show on Uba TV that highlights stock inventory that is available for short sellers to legally borrow and stay in compliance with Regulation SHO.
The daily HIGH 5 stocks are determined by LocateStock's proprietary, internal algorithmic calculators. The result is five securities that are the most sought after to borrow, and have proven to be the hottest stocks to short that day.
For an in-depth market analysis on each individual, hard to borrow stock, tune in daily to UBA TV at www.ubatv.com.
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