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.
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.
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).
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.
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.
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,.
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.
Nominal Disposable Income Set to Grow 4.4% New York, NY — The latest data on growth in U.S. gross domestic product (GDP) turned out to be disappointing. But one of the major firms on Wall Street just said that income.