News
Concordia Suspends Dividend After Missing Sale Target
Shares Plunge 30% as Drugmaker Lowers 2016 Guidance New York, NY —Concordia International Corp. (NASDAQ:CXRX) (TSX:CXR), a Canadian drugmaker, suspended its dividend payout today following its disappointing second-quarter results, saying that it will focus on growth and debt reduction going.
U.S. Muted Inflation Dims Chances of Interest Rate Hike
Prices Paid by Manufacturers Decline New York, NY — Prices paid by the U.S. manufacturers dropped in July driven by global weakness in demand and falling energy prices. The producer-price index, a measure of what manufacturers and companies pay to.
U.S. Retail Sales Stall in July, Signaling Economic Slowdown
Sales Figures Almost Unchanged from Prior Month New York, NY — Retail sales in the U.S. were unchanged in July as consumers reduced spending on clothing and other goods, signaling some slowdown in consumer spending and raising questions over the.
Newmont May Double Its Dividend Payout in Third Quarter
New York, NY — Newmont Mining Corp (NYSE: NEM) may double its third-quarter dividend payout to $0.05 a share if the gold prices continue to trade higher, according to Chief Executive Officer Gary Goldberg. “We’ll look at modifying our gold-price-linked.
Analyst: Ford Motor Company (NYSE:F) Could Pay Another Special Dividend
Potential for a 5% Dividend Yield New York, NY — The automotive sector is not really the hottest place in the stock market these days, but some of them still offer handsome dividends. In fact, one analyst just said that.
Newfoundland Capital Corporation Reports Earnings and Hikes Dividends
33% Increase in Annual Dividend Rate New York, NY—Radio broadcasting companies are not exactly known as go-to investments for income investors. But this one just announced a double-digit increase in dividends. On Thursday, August 11, Newfoundland Capital Corporation (TSE:NCC.A, NCC.B).
IMF Economists: ECB Should Now Focus on QE
Rate Cuts Could See Diminishing Returns New York, NY — It has been over two years since the European Central Bank (ECB) adopted a negative interest rate policy. Now, two economists at the International Monetary Fund (IMF) are saying that.
Companies Increasing Debt to Fund Share Buybacks
Many Companies Borrowing from Bond Market New York, NY — An increasing number of companies listed on the S&P 500 are borrowing from the bond market to fund their share buyback programs, a research Bloomberg News shows. “It tells a.
U.S. July Import Prices Signal Inflationary Pressure
Bureau of Labor Statistics Reports July Increase New York, NY — Prices of U.S. imports rose last month, signaling some inflationary pressure in the economy going forward. Imports advanced 0.1% in July, the U.S. Bureau of Labor Statistics reported today,.
Telstra Corporation Ltd Reports Earnings, Hikes Dividends
Announces Fully Franked Final Dividend of $0.155 Per Share New York, NY—You might not have used its service, but this Australian telecom giant deserves the attention of income investors. On Thursday, August 11, the Board of Directors of Telstra Corporation.
