News
Eli Lilly Hints More Dividend Hikes Coming
Second-Quarter Profit Matches Estimate New York, NY — Eli Lilly & Co (NYSE:LLY) promised to increase the company’s dividend after reporting second-quarter earnings that matched analysts’ estimate. Profit excluding some items totaled $0.86 per share, the company said July 26.
U.S. Home Prices Increase 5% in May
On Tuesday, July 26, S&P Dow Jones Indices released the latest results for the S&P Case-Shiller Home Price Index. It showed that in the month of May, home prices in the U.S. increased by five percent year-over-year. (Source: “Home Price.
U.S. Consumer Confidence Holds Steady in July
New York, NY — U.S. consumer confidence held steady in July, despite the fallout from the United Kingdom’s referendum to leave the European Union. The Conference Board’s consumer confidence index came in at 97.3 in July, a slight decrease from.
BB&T Increases Dividend by 7%
Board Approves $640 Million-Buyback Plan New York, NY — The board of directors of BB&T Corporation (NYSE:BBT) declared a quarterly common stock dividend increase today of $0.02 to $0.30 per share. The increase is consistent with BB&T’s capital plan the.
Comerica Raising Dividend by 4.5%
Lender Says Growth Outlook Strong New York, NY — Comerica Incorporated (NYSE:CMA) is increasing its quarterly cash dividend by 4.5% to $0.23 per share as the growth outlook brightens for the Dallas-based lender. The board also authorized an increase in.
Analyst: Dividend Hike Coming for Texas Instruments
Earnings Report Brightens Outlook Texas Instruments Incorporated (NASDAQ:TXN) may increase its dividend payout in September or October after the chipmaker announced better-than-expected earnings, according to an analyst at Bank of America Merrill Lynch. The shares of Texas Instruments stock surged.
Reynolds Boosts Dividend by 9.5%
Company Benefits from Acquisition New York, NY — Reynolds American, Inc. (NYSE:RAI) said it’s increasing its quarterly dividend by 9.5% to $0.42 per share as sales climbed after the tobacco company benefited from last year’s acquisition of rival Lorillard LLC,.
CIBC Issues First Bond with Negative Interest Rate
Canadian Bank Paid to Borrow Money New York, NY — Canadian Imperial Bank of Commerce (NYSE:CIBC) has become the first Canadian bank to tap the surging market for negative yield bonds where investors are willing to lose a small amount.
Analyst: Is GM a Disruptor or Dividend Play?
Analyst Raises Questions on GM Identity New York, NY — General Motors Company (NYSE:GM) is facing an identity crisis, according to an analyst at Barclays Securities who raised many interesting questions associated with the GM brand after the Detroit-based carmaker.
HP May Double Dividend Payout, Says Analyst
Business Spin-Off to Generate Cash New York, NY — Hewlett Packard Enterprise Co (NYSE:HPE) may double its dividend payouts to $0.46 a share as the company frees up more cash after the spin-off of its services business, according to a.
