A Bad Sign for Stocks? In an ominous sign for equities, U.S. companies appear to be buying back fewer shares than they have over the last four years. Share buybacks announced for the second quarter fell to their lowest point.
Rate Hike in September Still a Possibility U.S. bond prices declined after Federal Reserve officials cautioned the market that a September interest rate hike is still a possibility. The Federal Reserve may raise interest rates as soon as next month,.
Housing Starts Up 2.1% Obtaining a building permit is one of the first steps in constructing a new building. Therefore, the number of building permits can be a great gauge of future construction activity. On Tuesday, August 16, the U.S..
Board Approves $300 Million in New Purchase Buffalo Wild Wings, Inc. (NASDAQ:BWLD), announced today that its board of directors approved an increase to its share buyback program for an additional $300 million of the company’s common stock. According to the.
New Program Replaces Remaining Balance of Its 2014 Stock Buyback Program On Tuesday, August 16, Wolverine World Wide, Inc. (NYSE:WWW) announced that its board of directors has approved a new four-year share repurchase program. The program authorizes up to $300.
Subdued Prices Help Fed to Stay on Sidelines Consumer prices in the U.S. were unchanged last month as gasoline prices declined for the first time in five months and core inflation slowed, improving chances that the central bank can afford.
World’s Largest Miner Hurt by $7.7 Billion in Impairment Losses HP Billiton Ltd., (NYSE:BHP), the world’s number one miner by market value, cut its final dividend by 77% after posting its worst-ever annual loss. The group reported an underlying attributable.
Revenue Up 45% Year-Over-Year On Monday, August 15, Sylogist Ltd. (CVE:SYZ) announced that its board of directors has approved a quarterly dividend of $0.07 cents per share. This represents a 7.7% increase from its current quarterly payout of $0.065 cents.
U.S. REITs Are Now Overvalued Real estate investment trusts, or REITs, have long been a go-to choice for some income investors. However, one of the major banks in the U.S. recently raised some red flags about the sector. In a.
Surge in Gold Prices Helping Miner to Cut Debt and Boost Cash In a latest sign that gold miners may boost returning cash to their shareholders, AngloGold Ashanti Ltd. (JSE:ANG), the world’s third-largest metal mining company, said it will consider.