News
U.S. Stocks Edge Lower After Fed Minutes
Is the Fed Preparing Markets for High Rates? U.S. stocks edged lower in the morning trading hours as investors anticipated a hawkish stance in the minutes of the Federal Reserve’s July meeting. And they were right, as the Fed expressed.
First American Financial Corp (NYSE:FAF) Hikes Dividends
Company Announces 31% Increase in Quarterly Dividend Rate Insurance companies are known for delivering solid dividends. But a 31% boost in one’s quarterly dividend rate doesn’t happen that often. On Wednesday, August 17, First American Financial Corp. (NYSE:FAF) announced that.
Pinnacle Foods Increases Quarterly Dividend by 12%
Boulder Brands Acquisition Improving Cash Flows Pinnacle Foods Inc. (NYSE:PF) said its board has approved an increase of approximately 12% in the company’s quarterly cash dividend to $0.285 per share, from $0.255. The dividend will be payable with the third.
Corporations May Cut Dividends to Cover Retirement Plans
Brexit Fallout Starts to Show Just weeks after Brexit, new evidence has emerged suggesting that there is collateral damage from the Bank of England’s (BoE’s) insistence on low interest rates. The BoE slashed rates to near zero in an attempt.
Harmony Gold Resumes Dividend After Reporting Profit
Higher Gold Prices, Currency Help Miner Harmony Gold Mining Co. (ADR) (NYSE:HMY) declared a dividend for the financial year ended on June 30 for the first time in more than three years as the company has returned to profiting as.
London-based Banks Planning to Leave the U.K.
First Signs of Post-Brexit Fallout It’s been nearly two months since Britain decided to leave the European Union, but signs of inflation are only just starting to show up in the data. Based on this new data, some independent economists.
Looming Fed Rate Hike Weighs Heavily on U.S. Stocks
Fed Governors Suggest Rate Hike Imminent As Brexit-induced panic begins to fade, the Federal Reserve is rekindling the possibility of higher interest rates. Two Fed officials were dispatched to communicate the Fed’s willingness to raise interest rates, and unsurprisingly, their.
Comfort Systems USA, Inc. Increases Stock Buyback Program
Authorizes Buyback of Up to One Million Shares On Tuesday, August 16, Comfort Systems USA, Inc. (NYSE:FIX) announced that its board of directors has approved an amendment to its existing stock repurchase program. The amendment would increase the shares authorized.
Canaccord: More Upside in Student Housing REITs
Issues Buy Ratings on ACC and EDR Many real estate investment trusts (REITs) offer solid returns to income investors. And according to Canaccord Genuity, there is one type of REIT that stands out: student housing REITs. Ryan Meliker and Michael.
Warren Buffett Raises Stakes in Dividend-Paying Stocks
Berkshire Hathaway Raises Apple Stake to $1.5 Billion Warren Buffett’s Berkshire Hathaway Inc. (NYSE:BRK.A) increased its bets on some of the dividend-paying stocks, including Apple Inc. and refiner Phillips 66, while cutting its exposure in Wal-Mart Stores and farm machinery.
