News
Clarke Ceases Quarterly Dividend on Insufficient Cash
Halifax-Based Investment Firm Swings to Profit New York, NY — Clarke Inc. (TSE:CKI) said it is ceasing the company’s regular dividend payout because its internally generated cash flow has been insufficient to fully finance recent dividend payments as a result.
Fed Labor Market Conditions Index Posts First Monthly Gain This Year
LMCI Advanced One Point in July New York, NY — By now, you have probably heard that July was a good month for the U.S. labor market. The Federal Reserve’s own job market indicator just confirmed that. On Monday, the.
Study: Wealthy Universities Don’t Spend Enough on Low-Income Students
3.6% of Institutions Held 75% of All Endowment Assets New York, NY — Inequality in income and wealth in the U.S. has been the topic of many studies, but did you know that there are huge differences in college endowments.
U.S. Dollar Extends Gains on Rate Speculations
Friday’s Strong Job Data Bolster Economic Outlook New York, NY — The U.S. dollar rose against some major currencies today as last week’s strong job data bolstered the economic prospects in the world’s largest economy. The WSJ Dollar Index, which.
U.S. Dollar Rises, Bonds Fall on Strong Job Growth
Bullish Job Report Fuels Rate Hike Expectations New York, NY — The U.S. dollar rose and government bonds fell as the July employment report pointed to a solid labor market, potentially giving the Federal Reserve a little more room to.
Study: Aging Workforce Slowing U.S. Productivity, Economic Growth
Rapidly Aging Workforce Slowing Growth New York, NY — Rapid retirements deprive companies of critical experience and knowledge, which undermines productivity across the entire economy and hurts economic growth, according to a new study by Nicole Maestas of Harvard University.
U.S. Trade Deficit Widens to 10-Month High
Higher Consumer Demand, Energy Cost Fuel Imports New York, NY — The U.S. trade deficit rose to a 10-month high in June as consumer demand and higher energy prices fueled imports, according to data released by the U.S. Department of.
Study: Parents Saving to Fund Kids’ Education, Not Retirement
Most Children Believe Parents Should Fund Their Education New York, NY — More American parents are saving money to fund their kids’ education than for their own retirement, according to T. Rowe Price’s “2016 Parents, Kids & Money” survey. About.
Telus Beats Profit Forecast, Raises Dividend
Strong Subscriber growth in Wireless Helping New York, NY — TELUS Corporation (TSE:T), one of Canada’s big three telecommunications companies, posted better-than-expected earnings and said it’ll boost its quarterly dividend to CA$0.46 per share, an increase of $0.04 from last.
Buckeye Partners, L.P. Hikes Distribution 4.3%
This MLP Now Yields 6.7% Energy partnerships can do well even when oil prices are down. Buckeye Partners, L.P. (NYSE:BPL) just proved this point again. On August 5, Buckeye announced that its general partner declared a cash distribution of $1.2125.
