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Stocks Dividends

  • TOKYO, March 29- Japan's Nikkei share average eked out small gains in choppy trade on Wednesday, but gains were limited as ex-dividend share price adjustments pressured the market and offset positive sentiment from strong U.S. shares overnight. The Nikkei rose 0.1 percent to 19,217.48 after traversing negative and positive territory. The broader Topix shed...

  • *Ex-dividend adjustments seen about 130 points. TOKYO, March 29- Japan's Nikkei share average edged down in choppy trade on Wednesday morning as ex-dividend share price adjustments pressured the market and offset positive sentiment from gains in Wall Street overnight. "The market takes heart from strong U.S. economic data, and sentiment in the overall market...

  • DETROIT— General Motors has rejected a proposal from investor David Einhorn to split its stock into two classes. The plan from Einhorn's Greenlight Capital hedge fund would create one dividend-paying stock and one "capital allocation" stock. The New York- based hedge fund intends to submit the non-binding plan at the GM annual shareholders' meeting later this...

  • TOKYO, March 28- Japan's Nikkei share average rebounded from a more than six-week low on Tuesday as a rally in the yen paused and investors bought high-yield stocks before they went ex-dividend. The Nikkei rose 1.1 percent to 19,202.87, after plumbing to its lowest since Feb. 9 in the previous session as U.S. President Donald Trump's setback on his healthcare...

  • PORTLAND, Maine— Shareholders of telecommunications companies Consolidated Communications and FairPoint Communications voted on Tuesday to approve a proposed merger. Consolidated announced in December it was buying FairPoint for $1.5 billion, assuming its debt and offering dividends to stockholders. Shareholder voting took place Tuesday at...

  • TOKYO, March 28- Japan's Nikkei share average rebounded from more than a six-week low on Tuesday morning due to a pause in the yen's strong trend, with most sectors rose to positive territory. "Investors were overly risk off yesterday," said Hikaru Sato, a senior technical analyst at Daiwa Securities. He added that the market continues to focus on developments on U.S....

  • One of two listed casino operators in South Africa, Sun International has been hit by sluggish economic growth in its home market. It is scheduled to open its second-largest casino and entertainment complex there, the 4.2 billion rand Time Square project in Pretoria, next month. The owner of Sun City resort and the Sibaya Casino in South Africa said the slowing...

  • STOCKHOLM, March 21- Shares in Fingerprint Cards plunged as much as 42 percent on Tuesday after the former stock market star scrapped plans to pay a dividend and said it could not forecast likely earnings for 2017.. FPC has 20-30 competitors globally and its main rivals include China's Goodix, Silicon Valley- based Synaptics and Taiwan's Egis Technology.

  • STOCKHOLM, March 21- Shares in Fingerprint Cards plunged as much as 42 percent on Tuesday after the former stock market star scrapped plans to pay a dividend and said it could not forecast likely earnings for 2017.. FPC has 20-30 competitors globally and its main rivals include China's Goodix, Silicon Valley- based Synaptics and Taiwan's Egis Technology.

  • STOCKHOLM, March 21- Shares in former stock market star Fingerprint Cards plunged as much as 42 percent on Tuesday after the Swedish company scrapped its dividend and withdrew its earnings guidance for 2017.. The company, which as its name suggests provides fingerprint sensors for technology products, blamed weaker demand from smartphone makers and...

  • LONDON, March 21- British housebuilder Bellway said on Tuesday it would raise its dividend after posting a nearly 10 percent rise in half-year pre-tax profits, although it warned that labor shortages were pushing up costs in the sector. Bellway, which builds around half of its homes in London and the south of England, posted profits of 248 million pounds in the six...

  • *Leonardo to pay 0.14 euros dividend on 2016 results. MILAN, March 15- Italian state-controlled aerospace and defence group Leonardo declared its first dividend in six years on Wednesday after a broad revamp by Chief Executive Mauro Moretti, whose future at the company will be decided in the next few days. Sources have told Reuters that the Treasury, which has a...

  • VIENNA, March 15- Austria's Raiffeisen Bank International has set its sights on resuming dividend payments in a year's time after years of retrenchment and restructuring in the wake of the financial crisis. Raiffeisen Bank International, which operates across central and eastern Europe, is merging with its parent company Raiffeisen Zentralbank, primarily...

  • ESSEN, Germany, March 14- German utility RWE is considering options including tie-ups with rivals and the sale of a stake in its Innogy business, its chief executive said, raising the prospect for large M&A deals in the crisis-hit sector. We are constantly examining all strategic options our company is faced with, "RWE Chief Executive Rolf Martin Schmitz told...

  • ESSEN, Germany, March 14- German utility RWE is considering options including tie-ups with rivals and the sale of a stake in its Innogy business, its chief executive said, raising the prospect for large M&A deals in the crisis-hit sector. We are constantly examining all strategic options our company is faced with, "RWE Chief Executive Rolf Martin Schmitz told...

  • Liquidity situation very solid: RWE CFO

    RWE CFO Markus Krebber discusses his company's investment in Innogy, adding that RWE will "start paying dividends from 2017 onwards."

  • ESSEN, Germany, March 14- German utility RWE said it could cut its stake in Innogy to 51 percent, but declined to respond directly to a report that France's Engie was considering a bid for the networks and renewables business it listed last year. RWE would not comment on what it called "market rumours" following a report by Bloomberg that Engie was talking to advisers...

  • UK very difficult environment for margins, prices: Innogy CEO

    Innogy SE CEO Peter Terium discusses earnings, dividends and his business' U.K. operations.

  • *Vodafone trading at discount for first time in three years. *Analysts worried about cashflow and dividend. LONDON, March 10- British mobile operator Vodafone risks being left on the sidelines as rivals converge to break free from just selling ever-cheaper data bundles and become internet companies offering combined services from phones to TV to broadband.

  • LONDON, March 8- British finance minister Philip Hammond announced a hike in tax rates for the self-employed in his first budget on Wednesday, coming under fire for breaking a pre-election pledge as he sought to raise revenue from a rapidly growing sector. A reduction in the tax-free allowance for dividends was also seen as a way of raising more revenue from...