Tag Archives: news
Dairy Producer Saputo Inc. Sees 30% Jump in Profits
North American Dairy Sales Offsetting Global Decline New York, NY — Saputo Inc. (TSE:SAP), one of Canada’s largest dairy producers, reported on Tuesday a 30% jump in net earnings and boosted its quarterly dividend by 11%. For Saputo’s fiscal 2017.
Study: Most Millennials Say They Will Never Save $1.0 Million
Millennials Not Making Enough to Start Saving New York, NY — Nearly two-thirds of working millennials say they will never accumulate $1.0 dollars in savings over their lifetime, according to the Wells Fargo Millennial Study. Six in 10 millennials (59%).
Mosaic Co Hints Dividend Cut Could Be Coming
Potash Producer Struggling Amid Weak Demand New York, NY — Mosaic Co (NYSE:MOS) may revisit its dividend policy if the global potash market doesn’t improve. Mosaic’s CEO said the company has no plans to cut dividends but may have to.
Resources Connections, Inc. Announces 10% Dividend Increase
Staffing Company Hikes Dividend Payout New York, NY — On Tuesday, Resources Global Professionals, the operating subsidiary of Resources Connection, Inc. (NASDAQ:RECN), announced that its board of directors approved a quarterly cash dividend to $0.11 per share. This represents a.
U.S. Consumer Spending Rises in June
Monthly Gain Suggests Consumers Upbeat New York, NY — Consumer spending in the U.S. increased for the third straight month in June, suggesting consumers will be one of the main drivers of economic growth this year. Personal consumption, which measures.
ISM: U.S. Manufacturing Sector Expanded in July
Manufacturing Sector Posts 7th Consecutive Month of Growth New York, NY — Economists have been pessimistic on the U.S. economy, but one indicator suggests business might not be as bad as everyone is saying. The Institute for Supply Management Purchasing.
Aqua America Inc Announces 26th Consecutive Dividend Hike
Aqua America Hikes Dividend 7.5% New York, NY — One water utility company has been paying solid dividends for decades. Now, it’s raising its payout again. On Tuesday, August 2, the board of directors of Aqua America Inc (NYSE:WTR) declared.
Williams Companies Slashed Dividend by 69% to Fund Plans
Shares Surge After Energy Provider’s Cost-Saving Measures New York, NY — Williams Companies Inc (NYSE:WMB) said it plans to cut its dividend by 69% starting with the current quarter to help fund its plans to reinvest about $1.3 billion into.
Macquarie Infrastructure Corp Hikes Dividend
Fuel Supplier Benefits from Both Margin, Volumes New York, NY — Macquarie Infrastructure Corp (NYSE:MIC) raised its quarterly dividend by 12.6% to $1.25 per common share as the energy supplier benefited from increases in both volume and margin on fuel.
U.S. Auto Sales Fail to Meet Analysts’ Target
Shares of Automakers Slide after Data Released New York, NY — Auto sales in the U.S. remained strong in July but the two biggest manufacturers in the market failed to meet analysts’ expectations. Ford Motor Company (NYSE:F) said its sales.
