TORONTO, Aug 27- Toronto Dominion Bank and Canadian Imperial Bank of Commerce on Thursday posted forecast-topping quarterly profits on robust growth in their domestic retail businesses even as both became the latest Canadian lenders to record jumps in bad loans tied to the energy sector. CIBC, Canada's fifth-largest bank, also raised its quarterly dividend,...» Read More
July 15- Kinder Morgan Inc said it would buy the 49 percent stake that it does not already own in natural gas joint venture Elba Liquefaction Co from Royal Dutch Shell Plc, and it raised its dividend. Kinder Morgan said it expects to invest $630 million in Elba terminals, bringing its total investment in the project near Savannah, Georgia to $2.1 billion.
Julian Evans-Pritchard, China Economist at Capital Economics, explains the relationship between a falling stock market and economic growth.
How big are ETFs these days? Even Kevin O'Leary of "Shark Tank" is getting into the game.
LONDON, July 9- British infrastructure group Balfour Beatty issued a fresh profit warning on Thursday, likely tipping the group into another loss for 2015.. Balfour, which has previously warned that it faces major challenges from domestic contracts, said it had discovered problems that would result in an additional shortfall to 2015 pre-tax profit of up to 150...
TORONTO, June 29- A CIBC Wood Gundy investment adviser is pushing Extendicare Inc, a Canadian operator of senior care centers, to pay a special dividend of at least C $100 million and make other changes following the sale of its U.S. business. Markham, Ontario- based Extendicare has been narrowing its geographic focus to long-term senior care centers in Canada.
SHANGHAI, June 26- China's yuan was flat on Friday as dollar sales by big state-owned banks offset rising corporate dollar demand for dividend payments at the end of the first half of the year, traders said. In another sign of its aim to keep the currency stable, the People's Bank of China set its official midpoint rate at 6.1137 per dollar prior to market open, 0.02...
June 25- Kroger Co, the largest U.S supermarket operator, said it would increase its quarterly dividend by 13.5 percent and buy back $500 million of shares. Kroger raised its quarterly dividend to 21 cents per share on a pre-split basis from 18.5 cents per share. Kroger's shares were up about 1.4 percent at $73.93 in midday trading on Thursday.
Disney announced a boost in dividends to its stock and agreed to pay it more frequently, USA Today reports.
Anthony DiClemente, Nomura senior analyst, weighs in on Disney's dividend increase and the outlook for the media giant.
Alan Haft, partner at Kelly-Haft Financial, discusses Disney's decision to increase its dividend for the first half of 2015 by 15 percent.
June 23- Netflix Inc said on Tuesday its board of directors approved a seven-for-one stock split. The stock dividend will be payable on July 14 to stockholders of record at the close of business on July 2. Earlier this month, Netflix shareholders approved raising the company's share authorization by nearly 30 times to 5 billion.
LONDON, June 17- Once mainly growth-based investments, emerging markets are seeing a dividend payout culture take root among companies, especially in countries where big local pension funds are pushing for change. With emerging equity performance lagging developed peers for the fifth year running, more companies are realising the role dividend payouts...
With the Fed expected to raise rates, investors are souring on yield bets. Don't buy the Fed panic—stick with MLPs and REITs.
June 17- Canadian oilfield services provider Calfrac Well Services Ltd halved its quarterly dividend to 6.25 Canadian cents per share, citing lower crude oil prices and weak demand for oilfield services. Calfrac's board also approved an additional capital of about C $12 million for 2015 to expand in Latin America, the company said on Wednesday.
Retailer Target has trouble releasing details of its dividend increase.
June 9- Target Corp said it would double its share buyback program to $10 billion and boost its quarterly dividend by 7.7 percent, confirming the contents of a statement it published inadvertently and took off its website earlier on Tuesday. The Minneapolis, Minnesota- based retailer said it had invested $3.7 billion through the first quarter of 2015 to retire...
June 9- Target Corp did not release any information pertaining to its dividend and share buyback plans, company spokeswoman Molly Snyder said. A release posted briefly on Target's website earlier on Tuesday said the company planned to raise its share buyback program by $5 billion to $10 billion and boost its quarterly dividend by 7.7 percent to 56 cents per...
June 9- Target Corp pulled down a release on its website that said the company would raise its share buyback program by $5 billion to $10 billion and boost its quarterly dividend by 7.7 percent to 56 cents per share. The statement had said the dividend, raised from 52 cents per share, was supposed to be payable on Sept. 10. The fourth-largest U.S. retailer said last...
CNBC's Courtney Reagan reports a source familiar with the matter says a board meeting for Target is happening tonight.
Target's spokesperson has told CNBC's Courtney Reagan, there has been no press release from their company regarding dividend and buyback news. "Fast Money" trader Guy Adami has the trade.