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Stocks Dividends

  • The latest on developments in financial markets:. Verizon rose 0.8 percent and Wells Fargo gained 0.9 percent, more than the rest of the market. Google's parent company, Alphabet, fell 1.4 percent.

  • TORONTO, June 14- Canada's main stock index slumped on Wednesday to its lowest close in six months as energy stocks were hit by a sharp retreat in the price of oil and loyalty program company Aimia fell sharply after suspending its dividend payments. "No matter what OPEC is doing, these shale producers are just proving to be very persistent and keep on pumping oil...

  • June 14- Data-driven marketing and loyalty analytics company Aimia Inc suspended all dividend payments on Wednesday, a month after Air Canada announced a plan to replace the company's loyalty program with its own. Aimia's shares fell about 13 percent to C $1.65 in morning trading. "The company currently has the requisite liquidity to pay these dividends,...

  • TORONTO, June 14- Canada's main stock index moved lower on Wednesday as energy stocks fell with a drop in oil prices and loyalty program company Aimia plunged after suspending its dividend payments. Suncor Energy Inc fell 1.4 percent to C $40.30, and Canadian Natural Resources Ltd lost 1.6 percent to C $38.36. At 10:02 a.m. ET, the Toronto Stock Exchange's...

  • PRO Talks: Howard Silverblatt

    Howard Silverblatt shares his market views in an exclusive interview for CNBC PRO with Mike Santoli. 


  • Global markets resilient despite terror attacks: Expert

    Ben Lofthouse, Janus Henderson portfolio manager, discusses new Janus reports showing surge in global dividend growth and the impact terror attacks have on the markets.

  • BUDAPEST, May 30- Warsaw led a retreat in central European shares as investors, underwhelmed by dividend payments and takeover offers announced by some companies on Tuesday, booked profits from the multi-year highs of recent weeks. Bucharest retained its momentum and again set a new nine-year high on Tuesday, but Warsaw had shed 1.2 percent and Prague 0.6...

  • BUDAPEST, May 30- Warsaw lead a retreat of Central European shares as investors, underwhelmed by dividend payments and takeover offers announced by some companies on Tuesday, booked profits from multi-year highs of recent weeks. Bucharest retained its momentum and again set a new nine-year high on Tuesday, but Warsaw shed 1 percent, Prague 0.6 percent and...

  • JOHANNESBURG, May 29- South African food services franchising company Famous Brands scrapped its dividend on Monday for the first time in 13 years seeking to conserve capital after a series of acquisitions boosted its debt. Chief Executive Darren Hele said Famous Brands abandoned the payout for the year which ended in February because the group's gearing is...

  • JOHANNESBURG, May 29- South African fast food group Famous Brands scrapped its dividend on Monday for the first time in 13 years, seeking to conserve capital after debt levels rose following seven acquisitions, which include Gourmet Burger Kitchen. "It is anticipated that, subject to future acquisitions and operating requirements, payment of dividends will...

  • All Germany property companies focussing on organic growth: CFO

    Vonovia CFO Stefan Kirsten speaks about earnings, the German property market more broadly, and potential monetary policy moves from the European Central Bank.

  • NEW YORK, May 17- Brazil's state-controlled oil company Petrobras will pay its first shareholder dividend in three years if the company turns a profit in 2017, Chief Executive Officer Pedro Parente said on Wednesday. Parente took the helm of the world's most indebted energy company a year ago and said he is ahead of schedule with an aggressive restructuring...

  • EXCLUSIVE- BRAZIL PETROBRAS CEO SAYS WILL PAY FIRST DIVIDEND SINCE 2014 IF COMPANY MAKES PROFIT THIS YEAR.

  • Conoco Phillips Bayu Undan Timor in Sea, Australia

    Jefferies raises its rating on ConocoPhillips to buy from hold due to the likelihood of increasing share buybacks and dividends.

  • An employee of General Electric works on a gas turbine at the GE plant in Belfort, France.

    Deutsche Bank lowers its rating on General Electric to sell from hold, predicting the industrial firm will be forced to reduce its dividend.

  • *Cuts dividend to 4 cents/ shr from 19 cents. The company's decision not to sell itself also ended speculation about a merger with U.S. broadcasting and publishing group Meredith Corp, which according to a source, had offered Time $18 per share. Chief Executive Richard Battista faced pointed questions on a post-earnings call, with investor and billionaire hedge...

  • *Cuts dividend to 4 cents/ shr from 19 cents. The stock slipped 9.6 percent to $13.65 in trading before the bell on Wednesday. "The noise and relentless media speculation over the last 6 months around the potential change of ownership clearly was a major distraction to our employees and advertisers and other partners, and had an impact on Q1 results," Chief Executive...

  • The company had $281 million in cash, cash equivalents and short-term investments and a credit facility of $497 million as of March 31. Time Inc also said it appointed John Fahey non-executive chairman, and added Dan Rosensweig to its board of directors. The company said print advertising revenue, which makes up a third of total revenue, fell about 21 percent to...

  • The company lowered its quarterly dividend to 4 cents per share from 19 cents. Net loss attributable to Time Inc widened to $28 million, or 29 cents per share in the first quarter ended March 31, from $10 million, or 10 cents per year, a year earlier. Revenue fell to $636 million from $690 million.

  • *Cuts dividend in half, forecasts drop in earnings. LONDON, May 10- TalkTalk founder Charles Dunstone said earnings would fall this year and halved the annual dividend to help fund measures designed to return the broadband provider to its roots as the low-cost challenger to BT, Virgin and Sky. Shares in the group fell as much as 17 percent to a five-month low of 151...