News
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.
Rio Tinto Cuts Dividend Amid Weak Commodity Prices
Rio Tinto Earnings Plunge 47% New York, NY — Rio Tinto plc (ADR) (NYSE:RIO), the iron-ore giant, cut its interim dividend by 58% as it reported its worst first-half underlying earnings in 12 years amid weak commodity prices. Rio Tinto.
ICE Announces $1.0-Billion Share Buyback, Stock Split
Net Income Surges and Data Sales Double New York, NY — Intercontinental Exchange Inc (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, announced today that its board has approved a $1.0-dollar.
Main Street Capital Hikes Quarterly Dividend 3%
Main Street Announces Dividend Increase New York, NY — Main Street Capital Corporation (NYSE:MAIN) announced that its board of directors declared a three percent increase in its quarterly dividend to $0.555 per share for the fourth quarter of 2016. Main.
MBT Financial Raises Dividend by 33%
Loans, Interest Income Fuels Growth New York, NY — MBT Financial Corp. (NASDAQ:MBTF), the parent company of Monroe Bank & Trust, said it will pay a dividend of $0.04 per share, representing a 33.3% jump when compared to the dividend.
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.
Watsco Boosts Annual Dividend by 24%
Dividend Hike Comes Amid Fall in Profit New York, NY — Watsco Inc (NYSE:WSO) said it plans to increase its dividend payout by 24% to $4.20 per share supported by continued positive cash flows and a strong balance sheet. “This.
Low Interest Rates a Boon for This Investment
Dividend Stocks Benefiting from Low Interest Rates As yields on U.S. 10-year treasury bonds recover from record-lows, investors are looking for cues that will tell them whether this sell-off in bonds is a blip or solid turnaround after post-Brexit capital’s.
