Tag Archives: news
G&K Cash Flows Boosted By Recent Acquisition Just before being bought out, this uniform and facility services specialist decided to raise its payout to investors one more time. On Friday, G&K Services Inc (NASDAQ:GK) announced that its Board of Directors.
Authorizes Buyback of 500,000 Shares Over the Next 12 Months In the eyes of investors, IT companies might not be as hot as they used to be, but one of them is still returning value to shareholders through aggressive buybacks..
Brinker’s Yield Now Over 2.5% The restaurant business can be lucrative, as proven by a Dallas, Texas-based multinational restaurant chain having raised its dividend again. On Thursday, August 18, Brinker International, Inc. (NYSE:EAT) announced that its board of directors has.
Shares Surge After Better-Than-Expected Earnings Community Bank System, Inc. (NYSE:CBU) said its board has approved a 3.2% increase in its quarterly cash dividend payout to shareholders on its common stocks, reflecting the strength of the bank’s capital position. Community Bank.
Spanish Bond Prices Rise 4.9% in 3 Months Despite being locked in middle of an epic political battle, Spanish government bonds continue to provide relative safety. Yields on the 10-year note dipped below one percent this month as investors clamored.
Retail Earnings Suggest Consumers Are Feeling Good Target Corporation (NYSE:TGT) blamed U.S. consumers when it lowered its guidance for the year, but the Chief Financial Officer of Wal-Mart Stores, Inc. (NYSE:WMT) is saying something else entirely. Plenty of other retailers.
Manufacturing Index Returns to Positive Territory Manufacturing activity in the U.S. Mid-Atlantic region rebounded in August, according to a survey by the Federal Reserve Bank of Philadelphia. On Thursday, the Philadelphia Fed released its Manufacturing Business Outlook Survey for the.
Japanese Banks Run Dry of Bonds to Sell The Bank of Japan (BoJ) appears to have hit a ceiling on its monetary policy. In its eagerness to absorb government bonds, the BoJ seems to have exhausted the supply of bonds.
Major Upside for Two MLPs, Analyst Energy companies aren’t exactly the hottest picks in the stock market these days, but master limited partnerships, or MLPs, that are linked to oil majors can still do well, according to investment bank Stifel.
Low Rate Expectations Keeping Dollar Depressed The U.S. dollar dropped to an eight-week low against the euro today on speculation that the Federal Reserve will continue to keep interest rates low, making the currency less attractive for investors to hold..