News
U.S. Dollar Gains on Yellen’s Rate Comments
Fed Sees Gradual Rate Rise as Appropriate The U.S. dollar rose against major currency pairs Friday, strengthened by Federal Reserve Chairwoman Janet Yellen’s remarks that an interest rate increase might come earlier than expected. The Wall Street Journal Dollar Index.
U.S. GDP Slows in Second Quarter More Than Earlier Estimated
Corporate Profits Increase in Second Quarter U.S. economic growth in the second quarter slowed more than earlier reported, according to the latest report from the U.S. Department of Commerce. On Friday, the Commerce Department announced that gross domestic product (GDP).
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.
