CINCINNATI-- Omnicare is raising its quarterly dividend by 43 percent to 20 cents per share from 14 cents per share. Omnicare Inc. has bought back 4.2 million shares for $220 million for the year to date. Shares of the Cincinnati company added 65 cents to $58.20 in afternoon trading.» Read More
David Winters, CEO of Wintergreen Advisors, explains why Coca-Cola is his favorite stock in the U.S. "You can get rich if you're patient" he says.
NEW DELHI, Oct 3- When 19- year old Pavitra Singh, one of 20 million students at India's universities and colleges, gets her degree in two years' time, she fears it will not be enough to secure a job.
Paul Trainor, Senior Portfolio Manager, Macquarie Private Portfolio Management says the current volatility is creating some good buying opportunities for investors taking a medium term view of the market.
*Previously expected to pay at least $3 billion for 2013. MOSCOW, Oct 1- Russia's Norilsk Nickel, the world's biggest nickel and palladium producer, has lowered its dividend target for 2013-14, its co-owner, aluminium giant Rusal said on Tuesday, as oversupply in its key market hurts prices.
SAO PAULO, Sept 27- Banco Santander Brasil SA, seeking to jumpstart its flagging return on equity, will modify its capital structure by paying shareholders a one-off dividend of 6 billion reais and issuing foreign currency-denominated debt. The plan will allow the Brazilian subsidiary of Spain's Banco Santander SA to tap a cheaper source of capital.
SAO PAULO, Sept 27- Banco Santander Brasil SA will modify its capital structure and pay shareholders a one-off dividend of 6 billion Brazilian reais, allowing it to return funds to its Spanish parent which has been suffering losses.
Sept 23- Canadian fertilizer company Agrium Inc warned that its potash volumes are expected to be about 30 percent lower than normal in the current quarter, but raised its dividend 50 percent, saying that agriculture's longer-term fundamentals are strong.
*CFO says organic capex to fall to $24- 25 bln in 2015-2017. LONDON/ PARIS, Sept 23- Total will start a "soft landing" next year to scale back heavy capital spending while keeping long-term output targets and generating greater cash flow, the French oil major said, raising investor hopes of higher dividends.
DETROIT, Sept 20- Goodyear Tire& Rubber Co on Friday affirmed its profit forecast for the year and reinstated a common stock dividend. Goodyear said it still expected 2013 operating income across its business units to be about $1.5 billion, and it is targeting income growth of 10 percent to 15 percent through 2016..
Sept 19- The New York Times Co board of directors initiated a quarterly dividend, ending a four-year dry spell for its investors and the family that controls the company.
*Microsoft shares up on dividend announcement, Apple rebounds. Many investors expect Fed chairman Ben Bernanke will announce a scale-back of purchases by $10 billion a month to $75 billion, while keeping rates close to zero.
Sept 17- Microsoft Corp raised its quarterly dividend by 22 percent and renewed its $40 billion share buyback program, extending an olive branch to investors who are expected to grill its outgoing CEO on Thursday about a costly foray into mobile devices.
The tech giant is set to buyback $40 billion in stock and pump up its dividend, reports CNBC's Jon Fortt with all the latest details.
Shares of the tech giant rise after the company announces a $40 billion buyback and more than twenty percent increase in its dividend. Kim Forrest, Fort Pitt Capital Group, and Norman Young, Morningstar, share their thoughts. And CNBC's Dominic Chu takes a look at other companies that could follow in Microsoft's footsteps.
Microsoft's new dividend hike is probably unnecessary because the company has better strategic options, CNBC's Jim Cramer said.
Sept 17- Microsoft Corp raised its quarterly dividend by 22 percent to 28 cents per share and said its board had authorized a new share buyback program of up to $40 billion. Microsoft shares rose about 1 percent in early trading on the Nasdaq on Tuesday.
CNBC's Jon Fortt reports the tech giant is increasing its dividend by a nickel. And Richard Sherlund, Nomura Securities, shares his thoughts on what the dividend hike means for the stock.
Sept 17- Microsoft Corp said it would buy back up to $40 billion of its shares and raise its quarterly dividend by 22 percent. The new share repurchase program, which has no expiration date, replaces a $40 billion buyback program that was set to expire on Sept. 30.
CNBC's Jim Cramer reacts to news that the software company is returning more cash to shareholders.
TORONTO, Sept 12- Retailer Hudson's Bay Co reported higher quarterly sales and a small adjusted profit on Thursday as robust demand for apparel at its Canadian namesake stores offset lower traffic at its Lord& Taylor chain in the United States.