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Stocks Dividends

  • *Pretax statutory profit $409 mln tops $366 mln consensus. *$215 mln loss from stake in Indonesia bank unit. LONDON/ HONG KONG, Feb 24- Standard Chartered shares fell as much as 5 percent on Friday as the British bank said it would not pay a dividend for 2016 due to restructuring costs, but increased its staff bonus pool by 5 percent.

  • Warren Buffett, chairman and chief executive officer of Berkshire Hathaway Inc.

    Berkshire Hathaway's Warren Buffett follows one simple rule of investing, but he violates it in ways investors may not understand.

  • *Pretax statutory profit $409 mln tops $366 mln consensus. *$215 mln loss from stake in Indonesia bank unit. LONDON/ HONG KONG, Feb 24- Standard Chartered shares fell four percent on Friday as the British lender said it would not pay a dividend for 2016 due to restructuring costs, but increased its staff bonus pool by 5 percent.

  • *Pretax statutory profit $409 mln tops $366 mln consensus. *$215 mln loss from stake in Indonesia bank unit. LONDON/ HONG KONG, Feb 24- Standard Chartered shares fell by 3 percent on Friday as the lender returned to profit but held off on paying a dividend as it grapples with costs from Chief Executive Bill Winters's restructuring program.

  • LONDON, Feb 23- Commodities trader and miner Glencore reported an 18 percent rise in full-year profit on Thursday, buoyed by a rebound in raw materials prices, and said it was well-placed financially for small acquisitions or a special dividend payout. Its trading arm achieved adjusted earnings before interest and tax of $2.8 billion, up 14 percent and above...

  • NEW YORK— Stocks wobbled Thursday as investors changed course and tempered their expectations for faster economic growth. Industrial companies, which have surged over the last few months, finished lower as Wall Street focused on gold, bonds, and companies that pay big dividends. Industrial companies have made big gains since November as investors expect the...

  • *Budapest stocks off record on OTP Bank, Magyar Telekom retreat. *Bucharest stocks at another 9- year high on Banca Transilvania. BUDAPEST, Feb 23- Budapest stocks retreated from record highs on Thursday, driven by Magyar Telekom which opted against raising its dividend guidance while Central European stock indices mostly rose.

  • LONDON, Feb 23- Commodities trader and miner Glencore reported an 18 percent rise in 2016 profit on Thursday, buoyed by a rebound in raw material prices, and said it was well-placed financially for small acquisitions or a special dividend payout. For the trading, or marketing division that sets Glencore apart from other miners, adjusted earnings before interest...

  • *Budapest stocks off record on OTP Bank, Magyar Telekom retreat. *Bucharest stocks at another 9- year high on Banca Transilvania. BUDAPEST, Feb 23- Budapest stocks retreated from record highs on Wednesday, driven by Magyar Telekom which opted against raising its dividend guidance despite a surge in profits, while Central European assets mostly moved sideways.

  • By Barbara Lewis and Dmitry Zhdannikov. LONDON, Feb 23- Commodities trader and miner Glencore reported an 18 percent rise in 2016 profit on Thursday, buoyed by a rebound in raw material prices, and said it had never been better-placed financially, signaling a readiness for small purchases or a special dividend payout. For the trading, or marketing division that...

  • LONDON, Feb 23- Miner-trader Glencore reported an 18 percent increase in 2016 profits, buoyed by a rebound in commodities, and said the company had never been so well-positioned financially, meaning it was ready for small acquisitions or big dividends. Marketing Adjusted earnings before interest and tax was $2.8 billion, up 14 percent and above previous...

  • LONDON, Feb 23- European information and analytics provider Relx raised its dividend by a more-than-expected 21 percent on Thursday after meeting 2016 results forecasts. The Anglo-Dutch company, previously known as Reed Elsevier, reported a 4 percent rise in underlying 2016 revenue growth after several years of 3 percent growth. It said it would aim to spend...

  • LONDON, Feb 23- European information and analytics provider Relx raised its dividend by a more-than-expected 21 percent on Thursday after meeting 2016 results forecasts. The Anglo-Dutch company, previously known as Reed Elsevier, reported a 4 percent rise in underlying 2016 revenue growth after several years of 3 percent growth. It said it would aim to spend...

  • PARIS, Feb 23- French telecoms group Orange reported a 1.3 percent increase of its yearly core operating profit on Thursday, helped by a strong sales momentum in Spain and a reduction in labour expenses. Orange's adjusted earnings before interest, tax, debt and amortisation rose to 12.68 billion euros in 2016, from 12.52 billion euros a year earlier on a...

  • Why BHP increased its dividend [PLEASE DO NOT UPLOAD]

    Rob Brierley of Patersons Securities weighs in on the mining company's results and says its "subdued" outlook.

  • By a 2-1 vote, the U.S. Circuit Court of Appeals for the District of Columbia said a lower court had correctly barred claims that the government overstepped its authority in 2012 by eliminating dividend payouts to various shareholders and requiring the companies to pay the U.S. "For me, it looks like the end of the road," Ellis Phifer, senior market strategist at...

  • *2016 EBITDA $6.1 bln, just ahead of consensus. *Net debt drops to $8.5 bln; eyes $7 bln this year. LONDON, Feb 21- Anglo American aims to reinstate dividends at the end of this year after rising commodity prices helped it to boost earnings and cut debt, it said on Tuesday, adding it would only sell more assets to sharpen its focus and not because it needed money.

  • *2016 EBITDA $6.1 bln, just ahead of consensus. *Net debt drops to $8.5 bln; eyes $7 bln this year. LONDON, Feb 21- Miner Anglo American aims to reinstate dividends at the end of this year after cutting net debt and improving earnings, it said on Tuesday, adding it would only sell more assets to sharpen its focus and not because it needed the money.

  • Feb 21- InterContinental Hotels Group beat 2016 profit forecasts, helped by demand in the Americas, and announced a $400 million special dividend for shareholders that sent its stock to a record high. The company, which runs over 5,000 hotels in about 100 countries under brands such as Crowne Plaza, Holiday Inn and InterContinental, said on Tuesday it also...

  • BHP's underlying first-half net profit galloped nearly eight-fold to $3.24 billion from $412 million a year earlier, just missing market forecasts for $3.4 billion. It declared a first-half dividend of 40 cents, up from 16 cents a year ago, outpacing a consensus of 34 cents per share. "The numbers are good, eclipsing consensus expectations," said mining analyst...