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Dollar tops 103 yen, a 4-1/2-year high, on robust U.S. data
ReutersNEW YORK (Reuters) - The dollar rallied across the board on Friday, topping the 103-yen level as it hit a 4-1/2-year high against the Japanese currency, after data showing a robust rebound in U.S. consumer sentiment prompted investors to add to bullish...Tags: UBS AG, Elections, Industrial Production, G20 Summit, Norway
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BRIEF: Pike Electric's secondary public offering set
Winston-Salem Journal, N.C.Pike Electric Corp. said Thursday a secondary public offering of shares has been set at $11.50 a share. The shares are being offered by an entity affiliated with Lindsay Goldberg LLC. The amount of shares involved has been raised from 6.5 million to 6....Tags: Stock Activities, Pike Electric Corporation
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Morgan Stanley issues $705.6 mln in stock for employee bonuses
ReutersNEW YORK, May 16 (Reuters) - Morgan Stanley has issued 30 million shares as part of the Wall Street bank's employee bonus plan, according to a securities filing. Morgan Stanley valued the stock at a maximum offering price of $705.6 million, or $23.52 per...Tags: Morgan Stanley Dean Witter & Company, Citigroup Incorporated, Career and Workplace, Employees, U.S. Securities and Exchange Commission
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Northrop aims to buy back 25 percent of shares by end of 2015
ReutersWASHINGTON, May 16 (Reuters) - U.S. arms maker Northrop Grumman Corp said on Thursday it planned to buy back 25 percent of its outstanding shares by the end of 2015, depending on market conditions, after its board of directors approved $4 billion in...Tags: Marketing, Stock Activities
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Southwest Air boosts dividend, revises plane deliveries
Reuters(Reuters) - Southwest Airlines Co on Wednesday announced a boost in its dividend and its share repurchase program and said it is changing some plane orders and deliveries. The discounter said its board boosted the quarterly dividend to 4 cents a share...Tags: Boeing Co., Southwest Airlines Co., Stock Activities
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Commerzbank shares bounce back after stake sale
ReutersFRANKFURT (Reuters) - Commerzbank shares leapt as much as 17.6 percent on Wednesday as investors bought back stock sold in anticipation of a share placing by Germany's bank bailout fund, which was completed earlier in the day. Hedge funds have bet...Tags: Economy, Business and Finance, Deutsche Bank AG, Allianz AG Holding, Germany, Insurance
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Yahoo to ramp up marketing to woo younger users, says CFO
ReutersSAN FRANCISCO (Reuters) - Yahoo Inc plans to ramp up advertising and marketing efforts as it seeks to break its reliance on an "aging demographic" and become more relevant among young adults, the company's finance chief said on Tuesday. The struggling...Tags: Marketing, Google Inc., Demographics, Corporate Officers, Stock Market
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Carter's plans 1st dividend, stock buyback
The Atlanta Journal-ConstitutionThe Carter's board of trustees has authorized the babies and children clothing company's first quarterly dividend, and it plans to repurchase up to $300 million in shares. The announcement sent Atlanta-based Carter's shares up more than 3 percent in...Tags: The Atlanta Journal-Constitution
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WRAPUP 1-Telus profit steams ahead, BCE trails on flat revenue
Reuters* Telus profit jumps 13 pct; BCE up less than 7 pct * Telus stock rises after results; BCE dips * Wireless growth helps both companies * Telus results gets Optik TV boost By Alastair Sharp TORONTO, May 9 (Reuters) - Canadian telecoms provider Telus...Tags: Satellite and Cable Service, Marketing, Computer Hardware, National Hockey League, Canada
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ANALYSIS-"Dead money" for shareholders a pall over investment hopes
ReutersBy Natsuko Waki LONDON, May 9 (Reuters) - A growing trend for companies to return some of their huge cash piles to shareholders rather than using the money to expand their businesses could spell trouble for the global economy. Their reluctance to invest...Tags: Central Bank, Shareholders, Finance, Global Expansion, Bank of America Corp.
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Agrium first-quarter profit slips
ReutersMay 9 (Reuters) - North America's biggest farm retail supplier Agrium Inc reported lower quarterly profit on Thursday, and said it would buy back up to 5 percent of its stock. Net earnings for the first quarter fell to $141 million, or 94 cents per...Tags: Agrium Incorporated
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Intact Financial shares slide as results miss estimates
Reuters* Profit misses estimates, shares down 2 pct * Higher claims offsets premium growth * Insurer to buy back up to 5 pct of shares * Sees no material margin impact from Ontario rate plan By Cameron French TORONTO, May 8 (Reuters) - Intact Financial Corp...Tags: Toronto (Canada), Economy, Business and Finance, Earnings Forecasts, Thomson Corporation, Mergers, Acquisitions and Takeovers
May 17, 2013
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May 17, 2013
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May 16, 2013
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May 10, 2013
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May 9, 2013
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May 8, 2013
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