CINCINNATI-- Supermarket operator Kroger said Thursday that it will buy back up to $1 billion of its shares. Kroger, which has 2,640 grocery stores nationwide under banners such as QFC, Food 4 Less, and Fred Meyer, also declared a regular quarterly dividend of 16.5 cents per share, payable June 1 to shareholders of record May 15.» Read More
John Bogle, Vanguard founder provides his economic forecast for 2014, and how investors should digest earnings data.
Jan 29- Dow Chemical Co hiked its dividend and tripled its share buyback program, but signaled that it was in no hurry to fall in line with activist shareholder Daniel Loeb's demands to spin off its slow-growing petrochemical businesses. Shares of Dow Chemical, the largest U.S. chemical maker by sales, rose as much as 6 percent in early trading on Wednesday.
The announcement comes four months after 270- year old Sotheby's pledged in September to review how it spends its money after Richard McGuire's Marcato Capital Mangement and Daniel Loeb's Third Point took big stakes over the summer. Marcato Capital Management said the steps do not go far enough.
BOSTON, Jan 29- Auction house Sotheby's said on Wednesday it will return $450 million to investors through a special dividend and by buying back shares, months after it said it would review its finances amid pressure from several prominent hedge funds.
Jan 29- Dow Chemical Co reported a quarterly profit that comfortably beat market expectations, hiked its dividend and tripled its share buyback program, joining rival DuPont in increasing shareholder returns amid investor activism.
Jan 29- Sotheby's will pay investors a special dividend and buy back shares, months after activist investor Daniel Loeb called for a management shakeup at the auction house. The company said it would pay shareholders a $300 million special dividend in March and buy back stock worth $150 million under a new share repurchase program.
Jan 29- Praxair Inc, the largest industrial gas supplier in the Americas, raised its dividend by 8 percent and set another $1.5 billion share buyback plan, after its quarterly profit rose due to strong sales and acquisitions.
Jan 29- Dow Chemical Co raised its dividend 15 percent and expanded its share buyback program to $4.5 billion from $1.5 billion after posting a fourth-quarter profit. Net income available for common stockholders was $963 million, or 79 cents per share, in the quarter ended Dec. 31.
Jan 29- Praxair Inc, the largest industrial gas supplier in the Americas, raised its dividend by 8 percent and said it would buy back stock worth $1.5 billion, after reporting a 15 percent rise in quarterly profit. The company's net income rose to $474 million, or $1.59 per share, in the fourth quarter ended Dec. 31 from $414 million, or $1.38 per share, a year earlier.
CNBC's Bob Pisani speaks to Stephen Cucchiaro, CIO of Windhaven Investment Management, about the firm's bond and stock holdings, and what markets keep him up at night.
CNBC's Bob Pisani asks Tyler Mordy, co-CIO at HAHN Investment Stewards, about investing in ETFs amid trouble in emerging markets and about ways to find dividend-paying stocks.
TOKYO, Jan 27- Japan's trade deficit widened sharply to a record in 2013 as import costs outpaced export receipts due to a weaker yen and higher fuel bills, and the third straight annual shortfall was a reminder of the challenge facing Prime Minister Shinzo Abe.
CNBC's Michelle Caruso-Cabrera reports there is a special exemption law in U.S. securities law that if you live in a territory like Puerto Rico, you can invest in closed-end funds in which you get tax-free dividends.
*Paid 800 bln won in special employee bonus. SEOUL, Jan 24- Samsung Electronics Co Ltd, under pressure to appease investors who have berated it for hoarding the spoils of rapid growth, has pledged to hand out even more profit after almost doubling its full-year dividend to a record $2 billion.
Cramer often says ‘get in the game.’ However, he also thinks some people have absolutely no business in the market. You're not among them, are you?
DETROIT, Jan 14- General Motors Co will pay the first quarterly dividend on its common stock in almost six years, marking another step in the U.S. automaker's recovery from its bankruptcy in 2009 and sending shares up 3.2 percent in after-hours trading.
GM will pay the first quarterly dividend on its common stock in almost six years, marking another step in the automaker's recovery from bankruptcy.
DETROIT, Jan 14- General Motors Co will pay the first quarterly dividend on its common stock in almost six years, marking another step in the U.S. automaker's recovery from its bankruptcy in 2009..
Biogen Idec CEO George Scangos discusses the busy year ahead for the company, including the EU launch of Tecfidera and when a dividend will be offered.
Jan 13- Hedge fund Elliott Management Corp urged network equipment maker Juniper Networks Inc to buy back shares, start paying a dividend and consider slimming down, less than a week after it offered to buy Juniper's rival, Riverbed Technology. The stock has been stuck in the $20 range for two years, a far cry from the high of $228.50 it hit during the dotcom boom.