News
Black Stone Minerals LP Reports Earnings and Raises Distributions
10% Increase in Quarterly Distribution New York, NY — Commodity prices have been facing strong headwinds, so it’s not every day that you see a distribution hike from an oil and gas partnership. On Monday, August 8, Black Stone Minerals.
Textainer Group Slashes Dividend, Shares Plunge
Container Leasing Company Posts Quarterly Loss New York, NY — Textainer Group Holdings Ltd. (NYSE:TGH) slashed its quarterly dividend after posting a second-quarter loss today due to a decline in lease rental income, the company said in a statement. The.
U.S. Wholesale Inventories Rose 0.3% in June
Inventory to Sales Ratio at 1.33 New York, NY — U.S. economic growth didn’t seem to go that well in the second quarter. But now, one indicator is saying that second-quarter GDP could be better than the first estimate. On.
Spanish 10-Year Bond Yields Trade Below 1% for the First Time
Monetary Easing Speculations, Political Progress Fuel Rally New York, NY — Spanish government bonds rose today, taking the yield on the benchmark 10-year debt below one percent for the first time. The rally is fueled by the monetary easing expectations.
U.S. Government Bond Yields Stabilize on Monday
10-Year Treasury Note Now Yields 1.585% New York, NY — Yields on U.S. government bond yields stabilized, following a big rally on Friday. Just over a month ago, U.S. Treasuries were among the hottest assets on the market. As the.
Saratoga Investment Declares Special Dividend
Dividend Payout for Current Fiscal Year Jumps to $1.04 New York, NY — Saratoga Investment Corp (NYSE:SAR), a business development company, announced today that its board has declared a special dividend of $0.20 per share. “The payment of this special.
Clarke Ceases Quarterly Dividend on Insufficient Cash
Halifax-Based Investment Firm Swings to Profit New York, NY — Clarke Inc. (TSE:CKI) said it is ceasing the company’s regular dividend payout because its internally generated cash flow has been insufficient to fully finance recent dividend payments as a result.
Fed Labor Market Conditions Index Posts First Monthly Gain This Year
LMCI Advanced One Point in July New York, NY — By now, you have probably heard that July was a good month for the U.S. labor market. The Federal Reserve’s own job market indicator just confirmed that. On Monday, the.
Study: Wealthy Universities Don’t Spend Enough on Low-Income Students
3.6% of Institutions Held 75% of All Endowment Assets New York, NY — Inequality in income and wealth in the U.S. has been the topic of many studies, but did you know that there are huge differences in college endowments.
U.S. Dollar Extends Gains on Rate Speculations
Friday’s Strong Job Data Bolster Economic Outlook New York, NY — The U.S. dollar rose against some major currencies today as last week’s strong job data bolstered the economic prospects in the world’s largest economy. The WSJ Dollar Index, which.