Johnson & Johnson is suspending sales forecasts for its COVID-19 vaccine only a few months after saying the shot could bring in as much as $3.5 billion this year.
A global supply surplus and uncertainty about future demand — fueled in part by vaccine hesitancy in some developing markets — prompted the change, J&J said Tuesday.
NEW YORK (AP) — Shares of Tesla jumped at the opening bell Monday after the electric car maker announced its second stock split in less than two years.
The company said in a regulatory filing, and also in a tweet, that it plans to make a request at an upcoming annual shareholders meeting to increase its number of authorized shares so that it can split the stock in the form of a dividend.
FRANKFURT, Germany (AP) — Germany Siemens AG, global maker of big-ticket machines and industrial equipment and software, saw net profit rise 20% to 1.8 billion euros in the last three months of 2021 as the rebounding global economy increased orders for its goods, including a 1-billion euro order for high speed trains in Germany.
HELSINKI (AP) — Wireless and fixed-network equipment maker Nokia reported fourth-quarter profits Thursday in line with analyst expectations and said it will resume paying a dividend and launch a share-buyback program because of its improved financial situation.
FRANKFURT, Germany (AP) — Deutsche Bank said Thursday it reaped its best annual profit in a decade in 2021 and put most of the costs of its wrenching, years-long restructuring behind it. The bank underlined its recovery by announcing a dividend for 2021 and a 300 million-euro ($338 million) stock buyback to return money to shareholders.
LONDON (AP) — From now on, just call it Shell.
Royal Dutch Shell on Friday received approval from shareholders to simplify its archaic corporate structure, which grew out of the merger more than a century ago of a British firm that once traded in exotic seashells and an oil company in the Netherlands.
DUBAI, United Arab Emirates (AP) — The world’s largest oil company, Saudi Aramco, reported $30.4 billion in third-quarter net income on Sunday, bolstered by a surge in oil prices and recovery in demand as the coronavirus pandemic eases.
DETROIT (AP) — The global computer chip shortage cut into third-quarter profits at both Ford and crosstown rival General Motors, with both companies having to temporarily close factories, pinching supplies on dealer lots.
JUNEAU, Alaska (AP) — What was once a joyous fall rite in Alaska has become another thing for people to bicker about — the amount of money residents receive from the state’s oil wealth.
Checks of $1,114 are expected to be paid to about 643,000 Alaskans, beginning this week.
NEW YORK (AP) — Goldman Sachs had the second-best quarterly profit in the firm's history in the quarter ended in June, helped by a strong performance in its investment banking division that more than made up for a decline in trading revenues.
LONDON (AP) — The Bank of England on Tuesday ditched limits on dividends banks pay out to their shareholders that were first introduced at the outset of the coronavirus pandemic as part of a package of measures to shore up the British economy.
NEW YORK (AP) — Recently freed from regulators' coronavirus restrictions, the largest U.S. banks on Monday announced plans to return tens of billions of dollars to their shareholders over the next year in the form of dividends and stock buybacks.
NEW YORK (AP) — All 23 of the nation's biggest banks are healthy enough to withstand a sudden economic catastrophe, the Federal Reserve said Thursday as it released the results from its latest “stress tests," giving the banks the green light to resume paying out dividends to investors and buying back stock.
BANGKOK (AP) — Shareholders of the French energy company Total SA have voted to suspend payments of dividends to stakeholders in the joint venture company running a gas pipeline in Myanmar, the company said Wednesday.
NEW YORK (AP) — A worst-case scenario for the U.S. economy ravaged by the coronavirus pandemic would cause the nation’s 34 largest banks to collectively lose roughly $700 billion, the Federal Reserve said Thursday...
NEW YORK (AP) — A fire hose of cash that's rained trillions of dollars on to those fortunate enough to own stocks is suddenly being choked off...
TOKYO (AP) — Nissan shareholders vented their outrage at the Japanese automaker's top management Tuesday for crashing stock prices, zero dividends and quarterly losses after the scandal-ridden departure of former Chairman Carlos Ghosn...
HELSINKI (AP) — Finnish telecom equipment maker Nokia Corp. has reported a rise in fourth-quarter earnings mainly due to cost savings and pledged to boost investments in next-generation 5G networks, of which it is one of the world's main suppliers...
NEW YORK (AP) — U.S. stocks are back at a record. Don't feel excited? Neither does Wall Street.
After a shaky few months, the stock market has pushed through worries about President Donald Trump's trade wars, weakening corporate profits and the slowing global economy to set another all-time high.
NEW YORK (AP) — The nation's largest banks are rewarding shareholders by spending tens of billions raising their dividends and buying back stock after getting the green light from the Federal Reserve...
SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom has set off a flurry of speculation after he said the state's consumers should get a piece of the billions of dollars that technology companies make by capitalizing on personal data they collect...
HOUSTON--(BUSINESS WIRE)--Jan 16, 2019--Kinder Morgan, Inc. (NYSE: KMI) today announced that its board of directors approved a cash dividend of $0...
NEW YORK (AP) — It pays more than ever to be an investor. U.S. companies have sent a record amount of cash to their shareholders as dividends this year as their profits continue to pile higher.
The increase is key for shareholders, offering a bit of stability in what's been a stomach-churning year for the stock market.
Walgreens gave investors a better-than-expected third quarter, raised its dividend and detailed a big share buyback Thursday...
WILMINGTON, Del. (AP) — A Delaware judge ordered a pause on Wednesday in a dispute between CBS and its majority shareholder that could decide control of the company...
This week, Kentucky public universities put out the call to former college students who left without a degree — come back and finish.
The new Project Graduate program is making a special effort to reach out to those who have 80 or more credit hours, and offer them special assistance and considerations to help them get their bachelor's degree.
DUNMORE — FNCB Bank’s parent company declared a fourth-quarter dividend this week of four cents per share.
It marks a 33 percent increase over FNCB Bancorp Inc.’s fourth-quarter dividend last year, which was three cents, and brings the year to date dividend to 13 cents per share, up four cents from the same time last year, the company said in a statement.
DUNMORE — FNCB Bank’s parent company declared a fourth-quarter dividend this week of four cents per share. It marks a 33 percent increase over FNCB Bancorp Inc.’s fourth-quarter dividend last year, which was three cents, and brings the year to date dividend to 13 cents per share, up four cents from the same time last year, the company said in a statement.