Tag Archives: news
U.S. Budget Deficit for This Fiscal to Exceed Forecast
Slower Revenue, Increasing Spending Fueling Deficit The U.S. budget deficit for the fiscal year 2016 is expected to surpass the earlier forecast and should settle at 3.2% of the gross domestic product, according to the Congressional Budget Office’s (CBO’s) latest.
Corrections Corporation’s Dividend May Come Under Pressure
Prison Operator to Lose Government Contract Corrections Corporation of America (CCA)(NYSE: CXW) may face a cash flow crunch if it continues to pay dividends to its shareholders after the indication of reduced business from the Federal Bureau of Prisons (BOP).
Intuit Inc. Hikes Quarterly Dividend by 13%
Profits Climb on QuickBooks Sales Intuit Inc. (NASDAQ:INTU) has announced that its board of directors has approved a 13% increase in dividend payouts for the first quarter of fiscal 2017, as the provider of financial management solutions reported an earnings.
Tuniu Corporation Reports Earnings, Announces Share Repurchase Program
Travel Bookings Up 94.3% Year-Over-Year The online leisure travel industry has become huge in China, and one company just decided to reward shareholders with a $150.0-million stock buyback program. Tuniu Corporation (NASDAQ:TOUR) announced on, August 23 that the company’s board.
August Flash PMI Signals Slower Expansion in U.S. Manufacturing Sector
Markit Flash PMI at 52.1 in August, Down from 9-Month High in July July was a solid month for the U.S. manufacturing sector. An advance estimate from IHS Markit suggests that expansion continued in August, albeit at a slower pace..
U.S. Dollar Declines as Investors Await Fed Chairwoman Speech
U.S. Dollar Remains Weak Since Fed Minutes Release The U.S. dollar fell broadly against the major currencies as traders wait for clearer signals of where interest rates are headed from Federal Reserve officials later this week. The Wall Street Journal.
Best Buy Returns $309.0 Million to Shareholders in Buyback Plan
Retailer Second-Quarter Profit Beats Estimate Best Buy Co., Inc. (NYSE:BBY) said it returned $309.0 million to shareholders during the second quarter of the fiscal year 2017 as part of its $1.0-billion share buyback plan. In a statement to its shareholders,.
Kingspan Group PLC Hikes Dividends 25%
Kingspan Raises Interim Dividend Rate On Monday, Kingspan Group PLC (LON:KGP) announced its board of directors’ proposition of an interim dividend of $0.10 per share. This marks a 25% increase from last year’s interim dividend, which was $0.08 per share..
Study: The Average Retiree Needs $130,000 Just to Cover Health Care
Estimate for Health Care Expenses Rises 6% from Last Year Health care is expensive. A new study shows that if you retire today, you can expect to spend an average of $130,000 on health care during retirement. Fidelity Investments estimates.
Search for Yield Propels Gains in Chinese Dividend Stocks
World’s Second-Biggest Economy Sees Stock Revival In an era of extremely low interest rates and negative bond yields, the shift from the safety of government bonds to dividend stocks is widespread and global. The latest addition in this search of.
