News
Auto Insurance Rates See Highest Spike in 13 Years
With gasoline prices being so low, you might think that driving has become cheaper. However, a recent report on auto insurance rates might prove otherwise. Last week, the federal government released its monthly consumer price index (CPI) data related to.
Study: Students Make Less Money After Attending These Colleges
Most people go to university to increase their earnings potential. However, according to a recent study, you can actually see your earnings decline after going to some colleges. A working paper published by the National Bureau of Economic Research (NBER).
European Corporate Bond Yields Hit Record Lows
Negative Interest Rates Could Hit Here Next Central bank bond purchases have sent yields plunging, leaving some income investors struggling to catch up. In a desperate bid to jump-start the economy, the European Central Bank (ECB) announced in March that.
Bank of Canada Locks Interest Rate at 0.5%
BoC Maintains Interest Rates As a struggling oil sector continues to weigh down Canada’s economy, the Bank of Canada (BoC) has surprisingly elected to do…nothing. The BoC kept interest rates unchanged, locking them in at a prime rate of 0.5%..
CIBC Beats Earnings Estimates and Hikes Dividend
As oil and gas companies took a huge hit, you’d expect that banks with exposure to the energy industry would also suffer. But that’s not the case for Canadian Imperial Bank of Commerce (NYSE:CM, TSE:CM). On Thursday, May 26, CIBC.
Tiffany & Co. Hikes Dividend Despite Earnings Drop
Tiffany & Co. (NYSE:TIF) had a lackluster quarter, but that did not prevent it from raising its dividend again. On May 26, Tiffany announced a 12.5% increase in its quarterly dividend to $0.45 per share. The company now has an.
Bank of Montreal Reports Earnings and Raises Dividend
Skeptics have long feared a slowing Canadian economy would crimp profits at Bank of Montreal (NYSE:BMO, TSE:BMO), but the country’s fourth-largest financial institution by assets once again proved the doubters wrong. On May 25, BMO reported financial results for the.
W. R. Berkeley Corp Announces 8% Dividend Hike
Insurance companies aren’t known as the sexiest names on Wall Street, but shareholders of W. R. Berkley Corp (NYSE:WRB) don’t seem to be complaining. On Wednesday, May 25, the commercial and property insurer announced an eight percent increase in its.
Kellogg Company Will Raise Its Dividend 4% Next Quarter
Kellogg’s Pays 365 Consecutive Quarterly Dividends Kellogg Company (NYSE:K) said that it wants to raise its dividend by four percent starting from the third quarter of 2016. The cereal producer will pay a dividend of $0.50 per share on June.
UK Mail Turnaround Slower Than Expected, Cuts Dividend
UK Mail Group PLC (LON:UKM) continues to suffer from an earnings malaise. Now, investors are paying the price. On Tuesday, the postal and logistics operator announced a dividend cut to shareholders. According to the company’s press release, UK Mail’s final.