News
Fed’s George: It’s Time to Gradually Raise Interest Rates
“It Is Time to Move That Rate” The U.S. Federal Reserve is holding its annual Economic Symposium at Jackson Hole, Wyoming this week, and one voting member on the Federal Open Market Committee (FOMC) just said that it’s time to.
Signet Jewelers Announces $625 Million Share Buyback
Shares Tumble After Disappointing Earnings Signet Jewelers Ltd. (NYSE:SIG), the world’s largest retailer of diamond jewelry, said it will repurchase up to $625 million in common stock either in the open market or through privately negotiated transactions. The jeweler will.
Sibanye Gold Boosts Dividend, Taking Lead From Peers
Mining Company Sees Profits Rise 85% Sibanye Gold Ltd. (ADR) (NYSE:SGBL), South Africa’s biggest producer of gold, raised its first-half interim dividend payout to 0.85 rand per share from 0.10 rand per share after reporting a jump in profit. Sibanye.
Arena REIT Forecasts 7.4% Distribution Hike
An Australian REIT With a 4.55% Yield Dividend growth has flattened in many industries, but this Australian real estate investment trust (REIT) is still promising a sizable increase in its next year’s distribution. On Thursday, Arena REIT No. 1 (ASX:ARF).
Altria Group Raises Quarterly Dividend by 8%
Parent of Philip Morris Sees Better Profit in 2016 Altria Group, Inc. (NYSE:MO) today said its board has approved to increase the regular quarterly dividend payout by eight percent to $0.61 per common share from $0.565 per common share for.
Vista Outdoor Inc Announced New Share Repurchase Program
Board Authorizes Stock Buybacks Up to $100 Million On Thursday, Vista Outdoor Inc. (NYSE:VSTO) announced that it had received approved for a new stock buyback program. Under the program, Vista Outdoor would be able to repurchase up to $100 million.
U.S. Weekly Jobless Claims Decline to 261,000
Claims Below 300,000 for 77 Consecutive Weeks Recent economic indicators have been pointing to a strengthening labor market in the U.S., and the latest one does not disappoint. Thursday saw the U.S. Department of Labor release its weekly report on.
U.S. Durable Goods Orders Increased 4.4% in July
Biggest Monthly Gain Since October 2015 After an unexpected drop in June, U.S. durable goods orders bounced back in July. On Thursday, August 25, the U.S. Department of Commerce released the latest report on durable goods. It showed that in.
Dollar General Ups Share Buyback By $1 Billion
Shares Plunge After Discount Retailer Misses Forecast Dollar General Corporation (NYSE:DG), a Goodlettsville, Tennessee-based discount retailer, has announced that the company’s board of directors has approved an additional $1.0 billion being used for the company’s share repurchase plan in 2016.
Southwest Georgia Financial Corp. Raises Quarterly Dividend 10%
Success Stemming from Recent Expansion Southwest Georgia Financial Corporation (NYSEMKT:SGB), the parent company of Southwest Georgia Bank, has announced that its board of directors has approved a 10% increase in its quarterly cash dividend. The shareholders of the common stock.
