Czech power company CEZ expects record dividends
November 10, 2022 GMTPRAGUE (AP) — The Czech power utility CEZ said on Thursday its net profit in the third quarter reached 18.7 billion Czech crowns ($771 million), with the company again raising again its outlook for earnings for 2022.
Albertsons $4B payout to shareholders amid merger paused
November 4, 2022 GMTSEATTLE (AP) — A judge in Washington state has temporarily blocked Albertsons from paying a $4 billion dividend to investors as part of the grocery retailer’s proposed merger with rival Kroger.
State attorneys general sue to block Albertsons’ $4B payout
November 2, 2022 GMTThe attorneys general of California, Illinois and the District of Columbia are suing Albertsons in an effort to stop the grocery chain from paying a nearly $4 billion dividend to its shareholders.
Attorneys general say Albertsons should delay $4B dividend
October 27, 2022 GMTA bipartisan group of attorneys general is asking Albertsons to delay a $4 billion payout to its shareholders until they can complete a review of Kroger's planned acquisition of the grocery chain.
Kroger earlier this month announced it was paying $20 billion to buy Albertsons.
Visa posts jump in quarterly profit, increases dividend
October 25, 2022 GMTNEW YORK (AP) — Visa Inc. said its fiscal fourth quarter profits rose by an adjusted 16% from a year earlier, helped once again by higher usage of its global namesake payment network.
The San Francisco-based company said it earned a profit of $3.94 billion, or $1.86 a share.
An anchor again: Ted Koppel hosts show on US divisions
October 13, 2022 GMTNEW YORK (AP) — At age 82, Ted Koppel is equipped to take the long view when discussing what divides Americans.
The former “Nightline” anchor, now an occasional contributor to “CBS Sunday Morning,” takes over from Jane Pauley for the first time this weekend to host a specially themed program on the topic.
General Motors reinstates dividend suspended in pandemic
August 19, 2022 GMTDETROIT (AP) — General Motors will reinstate quarterly dividend payments that were suspended during the pandemic that shut down its factories.
The automaker said Friday that the dividend of 9 cents per share will be paid on Sept.
J&J suspends COVID-19 vaccine sales forecast
April 19, 2022 GMTJohnson & 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.
Tesla seeks 2nd stock split in less than 2 years
March 28, 2022 GMTNEW 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.
Germany’s Siemens sees profit up 20%, raises dividend
February 10, 2022 GMTFRANKFURT, 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.
Nokia profit matches expectations; dividend to resume
February 3, 2022 GMTHELSINKI (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.
Deutsche Bank sees biggest annual profit in a decade
January 27, 2022 GMTFRANKFURT, 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.
Shell walks ‘tightrope’ of demands amid climate pressures
December 10, 2021 GMTLONDON (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.
Saudi Aramco sees third-quarter income rise to $30.4 billion
October 31, 2021 GMTDUBAI, 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.
Ford, GM profits fall as sales drop due to chip shortage
October 27, 2021 GMTDETROIT (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.
Alaskans get annual boost of free money from oil wealth
October 14, 2021 GMTJUNEAU, 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.
Goldman Sachs 2Q profits beat forecasts; boosts dividend
July 13, 2021 GMTNEW 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.
Bank of England ditches dividend limits on UK banks
July 13, 2021 GMTLONDON (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.
Freed from COVID restrictions, big US banks hike dividends
June 28, 2021 GMTNEW 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.
All big banks pass latest Federal Reserve ‘stress tests’
June 24, 2021 GMTNEW 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.
French energy giant Total stops payments on Myanmar pipeline
May 27, 2021 GMTBANGKOK (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.
Fed stops big banks from buying back stock, caps dividends
June 26, 2020 GMTNEW 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...
A gusher of cash for stock investors is getting capped
April 16, 2020 GMTNEW 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...
Nissan shareholders furious at Ghosn scandal, dismal results
February 18, 2020 GMTTOKYO (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...
Nokia reports higher profit, boosts 5G investments
February 6, 2020 GMTHELSINKI (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...
Stocks set another record. The champagne’s still corked.
October 28, 2019 GMTNEW 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.
Banks announce billions in share buybacks after Fed approval
June 27, 2019 GMTNEW 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...
California governor wants users to profit from online data
February 14, 2019 GMTSACRAMENTO, 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...
Kinder Morgan Declares $0.20 Dividend and Announces Results for Fourth Quarter of 2018
January 16, 2019 GMTHOUSTON--(BUSINESS WIRE)--Jan 16, 2019--Kinder Morgan, Inc. (NYSE: KMI) today announced that its board of directors approved a cash dividend of $0...
Companies pay investors record amounts to own their stocks
December 6, 2018 GMTNEW 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 tops 3Q forecasts, hikes dividend but stock sinks
June 28, 2018 GMTWalgreens gave investors a better-than-expected third quarter, raised its dividend and detailed a big share buyback Thursday...
Judge mulls CBS restraining order against major shareholder
May 16, 2018 GMTWILMINGTON, 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...
Stronger focus on college retention will pay dividends
November 3, 2017 GMTThis 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.
FNCB Bank Reports Dividend Increase
October 28, 2017 GMTDUNMORE — 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 Bank Reports Dividend Increase
October 28, 2017 GMTDUNMORE — 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.
IBM raises dividend 12 pct, authorizes $5B buyback
April 30, 2013 GMTIBM says its board has raised its regular quarterly dividend by 12 percent to 95 cents and approved a plan to repurchase up to $5 billion of its stock.
IBM Corp. said Tuesday that the dividend is payable on June 10 to shareholders of record as of May 10.