*Q2 like-for-like sales, ex fuel, fall 2.8 pct. LONDON, Oct 1- British grocer Sainsbury's cut its annual sales forecast and said it would review its dividend as part of a wider examination of the business, adding to the turmoil in a sector reeling from Tesco's accounting scandal.» Read More
Microsoft laid off 2,100 employees as a part of a previously announced restructuring plan.
WASHINGTON, Sept 18- The Federal Reserve on Thursday disciplined Spain's Santander over paying out a dividend without approval, as it tightens control of how foreign banks manage risk in the United States.
WASHINGTON, Sept 18- The U.S. Federal Reserve on Thursday disciplined a U.S. unit of Spanish bank Santander after it paid out a dividend that the central bank had not approved. "Santander Consumer declared a cash dividend on its common stock payable in the second quarter of 2014, which was not specifically authorized in advance by the Federal Reserve," the Fed said.
Sept 18- Stock market indexes provider MSCI Inc declared its first-ever quarterly dividend and more than doubled its stock repurchase program to $850 million from $300 million. MSCI will pay Goldman Sachs $300 million in cash and expects to receive about 4.5 million shares of its common stock.
Sept 18- Stock market indexes provider MSCI Inc declared its first-ever quarterly dividend and more than doubled its stock repurchase program to $850 million from $300 million.
*Sony to forgo dividend- first time since 1958 listing. TOKYO, Sept 18- Sony Corp shares fell more than 10 percent on Thursday in their biggest drop in more than 10 months after the Japanese consumer electronics maker announced deep losses in its smartphone business and scrapped its dividend for the first time since it listed in 1958..
Microsoft announced the smallest percentage increase in its dividend since 2009 and appointed new directors to replace two board members.
SEATTLE, Sept 16- Microsoft Corp on Tuesday announced an 11 percent increase in its quarterly dividend and appointed two new directors to replace two board members who decided not to seek re-election.
Sept 16- Power producer Atlantic Power Corp slashed its dividend by 70 percent and asked its chief executive to step down as part of a strategic review process. The company said it appointed Ken Hartwick, director of the board, as a replacement for Barry Welch. Atlantic Power cut its annual dividend to 12 Canadian cents per share from 40 Canadian cents.
SANTANDER, Spain, Sept 15- Ana Botin, the new chairwoman of Santander, told shareholders on Monday she would defend the legacy of her father at the helm of the euro zone's biggest bank and her priorities include maintaining its generous dividend policy.
NEW YORK, Sept 12- U.S. stocks fell on Friday as energy shares extended their recent slide, while rising bond yields drove down high-dividend paying shares. Shares of Exxon Mobil Corp retreated 1.3 percent on the day, while ConocoPhillips fell 1.2 percent.
LONDON, Sept 9- Europe's second-biggest oil company Total, under pressure from shareholders to improve its cash flow and raise dividends, is looking to sell Blu-Tack maker Bostik, sources with knowledge of the matter told Reuters.
LONDON, Aug 29- Tesco will slash its dividend and investment spending to give its new boss more firepower to rebuild Britain's biggest retailer, after a second profit warning in two months showed the scale of the task he faces.
LONDON, Aug 29- Britain's biggest retailer Tesco slashed its interim dividend by 75 percent as tough trading conditions forced it to cut its profit forecast for the second time in two months.
TORONTO, Aug 26- Bank of Nova Scotia reported a higher quarterly profit on Tuesday as strength at its wealth management and insurance businesses boosted its bottom line and allowed Canada's No. 3 lender to raise its dividend. Scotiabank also benefited from a C $555 million notable gain from the sale of most of its investment in fund manager CI Financial Corp..
TORONTO, Aug 22- Royal Bank of Canada on Friday reported a bigger-than-expected increase in quarterly earnings, driven by strong results from its wealth management and capital markets divisions. Shares in the bank hit a lifetime high of C $82.15 early on Friday before easing 1.2 percent to C $80.67 on a negative day on the Toronto Stock Exchange.
Canada's largest bank reported net income of C $2.38 billion, or C $1.59 a share, for the third quarter ended July 31, compared with C $2.29 billion, or C $1.51 a share, a year earlier.
TORONTO, Aug 22- Royal Bank of Canada reported a 4 percent increase in quarterly earnings on Friday, driven by strong results from its wealth management and capital markets divisions. Canada's largest bank reported net income of C $2.38 billion, or C $1.59 a share, for the third quarter ended July 31, compared with C $2.29 billion, or C $1.51 a share, a year earlier.
LONDON, Aug 18- Europe's corporate earnings recovery has increased dividend payouts by the most in five years, data showed on Monday, and low interest rates and a further rise in profits should keep payouts flowing.
Ben Lofthouse, co-manager of the Henderson Global Equity Income Fund, and Bhanu Baweja, global head of emerging market currency research at UBS, discuss whether a rise in dividend payouts is a sign that companies have run out of idea of where to invest.