Depositors to Pay 0.4% Interest on Savings Over 100,000 Euros Remember when you first heard about the European Central Bank’s (ECB) negative interest rate policy? For quite a while, many have thought that interest rates on savings accounts would still.
Five Municipal Bond Funds Gets “Sell” Rating Income investors are no stranger to municipal bonds. However, a major financial services firm just warned about the risk in closed-end funds (CEFs) of municipal bonds. On Monday, August 15, Stifel Nicolaus analysts.
Industrial Firm Concludes Strategic Review of Business New York, NY —Badger Meter Inc. (NYSE:BMI) said it was increasing its cash dividend payout by 15% and raising the number of shares outstanding through a two-for-one stock split after the industrial flow.
Measure of Home Builder Confidence Gains in August New York, NY — Builders in the U.S. feel more confident that demand for single-family homes will remain strong, boosting prospects for the economic recovery in the world’s largest economy. The National.
Budget Deficit Up 10% Fiscal Year-to-Date New York, NY—On Wednesday, August 10, the U.S. Treasury Department released its Monthly Treasury Statement. It showed that in July, outlays by the U.S. government exceeded revenues by $112.8 billion. (Source: “Monthly Treasury Statement.
Coating Company’s Shares Have Surged 16% in 3 Months New York, NY — Nordson Corp. (NASDAQ:NDSN) announced today that its board has approved a 13% increase in its quarterly cash dividends, going from $0.24 per share to $0.27 per share..
SeaWorld Stock Down 28% in Past Three Months New York, NY — SeaWorld Entertainment Inc. (NYSE:SEAS) was upgraded to neutral from underperform at Credit Suisse on expectations that the company will cut its dividend and use the money for growth..
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.
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.
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.