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Cogent Systems fell 7% to 31.99 after JPMorgan downgraded the provider of automated fingerprint ID systems to neutral from overweight on valuation and the loss of 2 U.S. government contracts to rivals.
KB Home is raising its cash dividend 50% to $1.50, and will declare a 2-for-1 stock split in April, pending shareholder approval. Shares fell 2% to 88.55.
Kraft Foods authorized a new buyback program of up to $1.5 bil. The world's largest food company expects to complete its current $700 mil repurchase program by year-end. Shares rose 0.5% to 34.78.
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