News
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,.
U.S. New Home Sales Soar to 8-Year High in July
Sales of New Single-Family Houses Reach Highest Level Since 2007 Recent economic indicators have been saying positive things about the U.S. economy. New home sales is the latest one to add to that list. On August 23, the U.S. Department.
Kingspan Group PLC Hikes Dividends 25%
Kingspan Raises Interim Dividend Rate On Monday, Kingspan Group PLC (LON:KGP) announced its board of directors’ proposition of an interim dividend of $0.10 per share. This marks a 25% increase from last year’s interim dividend, which was $0.08 per share..
Study: The Average Retiree Needs $130,000 Just to Cover Health Care
Estimate for Health Care Expenses Rises 6% from Last Year Health care is expensive. A new study shows that if you retire today, you can expect to spend an average of $130,000 on health care during retirement. Fidelity Investments estimates.
Search for Yield Propels Gains in Chinese Dividend Stocks
World’s Second-Biggest Economy Sees Stock Revival In an era of extremely low interest rates and negative bond yields, the shift from the safety of government bonds to dividend stocks is widespread and global. The latest addition in this search of.
Stifel Raises Price Target on Targa Resources Corp Stock
Double Digit Upside in Targa Stock, Analyst Says This midstream energy company with an 8.5% yield just got its price target raised by an investment bank on Wall Street. On Monday, August 22, Stifel Nicolaus analyst Selman Akyol raised his.
Greenspan Sees Rates Rising Soon and at Faster Pace
Former Fed Chief Sees “Stagflation” Threat If you’re confused about the future direction of U.S. interest rates, it’s probably better to pay attention to the former chairman of the Federal Reserve, Alan Greenspan. He predicts that U.S. interest rates will.
Fed’s Fischer: “No Plans” for Negative Interest Rates
Economy Close to Meeting Fed’s Target The central banks in Europe and Japan have adopted negative interest rate policies. Will the U.S. Federal Reserve do the same? According to the Fed’s second-highest-ranking official, the answer is “no.” During a speech.
