CIBC Beats Earnings Estimates and Hikes Dividend
As oil and gas companies took a huge hit, you’d expect that banks with exposure to the energy industry would also suffer. But that’s not the case for Canadian Imperial Bank of Commerce (NYSE:CM, TSE:CM). On Thursday, May 26, CIBC.
Tiffany & Co. Hikes Dividend Despite Earnings Drop
Tiffany & Co. (NYSE:TIF) had a lackluster quarter, but that did not prevent it from raising its dividend again. On May 26, Tiffany announced a 12.5% increase in its quarterly dividend to $0.45 per share. The company now has an.
Bank of Montreal Reports Earnings and Raises Dividend
Skeptics have long feared a slowing Canadian economy would crimp profits at Bank of Montreal (NYSE:BMO, TSE:BMO), but the country’s fourth-largest financial institution by assets once again proved the doubters wrong. On May 25, BMO reported financial results for the.
W. R. Berkeley Corp Announces 8% Dividend Hike
Insurance companies aren’t known as the sexiest names on Wall Street, but shareholders of W. R. Berkley Corp (NYSE:WRB) don’t seem to be complaining. On Wednesday, May 25, the commercial and property insurer announced an eight percent increase in its.
In These Three States, Seniors Have Enough Income for a Comfortable Retirement
How much retirement income do you reckon is needed for a comfortable retirement? Well, if you ask financial advisors, they’ll tell you that you’ll need at least 70% of your annual income before you retire. Unfortunately, a recent study suggests.
Two-Thirds of Americans Would Struggle to Cover $1,000 Emergency
If you think that Americans have more savings under the mattress now, think again. Results from a recent poll suggest that two-thirds of Americans would have trouble coming up with the money to cover a $1,000 emergency. Today, the Associated.
KeyCorp Increases Dividend by 13%
Bank stocks are having some solid gains recently as the U.S. Federal Reserve makes a June interest rate increase look like a real possibility. KeyCorp (NYSE:KEY), which operates through its subsidiary KeyBank National Association, just announced another catalyst, though—a dividend.
Inflation Sees Largest Spike in Three Years
The prices shoppers are paying for goods and services saw its biggest increase in over three years last month, thanks mostly to the higher cost of gas and rent. Today the U.S. Bureau of Labor Statistics published its monthly report.
Equitable Group Inc. Reports First-Quarter Earnings and Hikes Dividend
Canadian financial services company Equitable Group Inc. (TSE:EQB) reported earnings and raised its dividend again. However, the highlight was actually one of its new initiatives. On May 12, Equitable Group released its earnings for the first quarter of 2016. Net.
U.S. Job Gains Slow Down to 160,000 in April
Analysts have been expecting the U.S. labor market to start tightening, but the latest release from the Bureau of Labor Statistics might raise some concerns. Today, the U.S. Bureau of Labor Statistics said that total non-farm payroll employment increased by.
