HP (NYSE: HPQ) and ArcSight Inc. (Nasdaq:ARST) announced that they have signed a definitive agreement for HP to acquire ArcSight, a leading security and compliance management company, for $43.50 per share, or an enterprise value of $1.5 billion.
The combination of HP and ArcSight will improve security, reduce risk and facilitate compliance at a lower cost for customers. ArcSight’s superior technology is highly complementary to HP’s existing security portfolio of hardware, software and services.
Hewlett-Packard Company offers various products, technologies, software, solutions, and services worldwide.
The Board of Directors of Kraft Foods Inc. (NYSE: KFT) declared a regular quarterly dividend of $0.29 per common share of Class A stock. This dividend is payable on Oct. 14, 2010, to stockholders of record as of Sept. 30, 2010.
Kraft Foods Inc., together with its subsidiaries, manufactures and markets snacks, confectionery, and quick meal products worldwide.
The Board of Directors for Lowe's Companies, Inc. (NYSE: LOW) declared a quarterly cash dividend of eleven cents ($0.11) per share, payable November 3, 2010, to shareholders of record as of October 20, 2010.*
Lowe's Companies, Inc., together with its subsidiaries, operates as a home improvement retailer in the United States and Canada.
The Board of Directors of Tiffany & Co. (NYSE: TIF) declared a regular quarterly dividend of $0.25 per share of Common Stock. The dividend declared will be paid on October 11, 2010 to stockholders of record on September 20, 2010.
Tiffany & Co. operates jewelry stores and manufactures products through its subsidiary corporations.
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Disclosure: No positions
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Investment Advisor Conference in New York, October 19, 2010