News
First Connecticut Bancorp Inc Raises Dividend 14%
14% Hike in Quarterly Dividend Rate First Connecticut Bancorp, Inc.’s (NASDAQ:FBNK) board of directors has approved a quarterly dividend of $0.08 per share on Tuesday. This represents a 14.3% increase from the company’s current quarterly payout of $0.07 per share..
Is Walmart’s Status As a Dividend Aristocrat Under Threat?
Slowdown in Payouts Result of Fewer Shareholding Is Wal-Mart Stores, Inc.’s (NYSE:WMT) dominant position in the elite “dividend aristocrats” club of the S&P 500 under threat? After maintaining a track record of increasing dividend payouts each quarter for many decades,.
CF Industries Holdings, Inc. Upgraded by UBS
Price Target Raised to $28.00 Fertilizer producers can not only help grow crops, but also grow your investment income. One of them just got upgraded by a major financial firm. On Tuesday, UBS Group AG (NYSE:UBS) upgraded CF Industries Holdings,.
U.S. Budget Deficit for This Fiscal to Exceed Forecast
Slower Revenue, Increasing Spending Fueling Deficit The U.S. budget deficit for the fiscal year 2016 is expected to surpass the earlier forecast and should settle at 3.2% of the gross domestic product, according to the Congressional Budget Office’s (CBO’s) latest.
Corrections Corporation’s Dividend May Come Under Pressure
Prison Operator to Lose Government Contract Corrections Corporation of America (CCA)(NYSE: CXW) may face a cash flow crunch if it continues to pay dividends to its shareholders after the indication of reduced business from the Federal Bureau of Prisons (BOP).
Intuit Inc. Hikes Quarterly Dividend by 13%
Profits Climb on QuickBooks Sales Intuit Inc. (NASDAQ:INTU) has announced that its board of directors has approved a 13% increase in dividend payouts for the first quarter of fiscal 2017, as the provider of financial management solutions reported an earnings.
Tuniu Corporation Reports Earnings, Announces Share Repurchase Program
Travel Bookings Up 94.3% Year-Over-Year The online leisure travel industry has become huge in China, and one company just decided to reward shareholders with a $150.0-million stock buyback program. Tuniu Corporation (NASDAQ:TOUR) announced on, August 23 that the company’s board.
August Flash PMI Signals Slower Expansion in U.S. Manufacturing Sector
Markit Flash PMI at 52.1 in August, Down from 9-Month High in July July was a solid month for the U.S. manufacturing sector. An advance estimate from IHS Markit suggests that expansion continued in August, albeit at a slower pace..
U.S. Dollar Declines as Investors Await Fed Chairwoman Speech
U.S. Dollar Remains Weak Since Fed Minutes Release The U.S. dollar fell broadly against the major currencies as traders wait for clearer signals of where interest rates are headed from Federal Reserve officials later this week. The Wall Street Journal.
Best Buy Returns $309.0 Million to Shareholders in Buyback Plan
Retailer Second-Quarter Profit Beats Estimate Best Buy Co., Inc. (NYSE:BBY) said it returned $309.0 million to shareholders during the second quarter of the fiscal year 2017 as part of its $1.0-billion share buyback plan. In a statement to its shareholders,.
