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Thursday, May 23, 2013 - 12:36pm
These ETFs Could Surge if MSCI Obliges
On June 11, index provider MSCI (NYSE: MSCI) will announce its annual market reclassification review. Results of that review will be significant for investors in scores of emerging and frontier markets equities and ETFs. South Korea and Taiwan are still under consideration for a promotion to...
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LyondellBasell Announces it Will Buyback 10% of Shares Outstanding; Will Increase Dividend by 25% to $0.50
Wednesday, May 22, 2013 - 4:01pmLyondellBasell Industries N.V. (NYSE: LYB) today announced that at its Annual General Meeting, shareholders approved a proposal to authorize the company to repurchase up to 10 percent of the company's outstanding stock. As a result, the Supervisory Board has approved a share repurchase program of...
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Wednesday, May 22, 2013 - 2:08pm
Apple Tops New WisdomTree Dividend ETF
Apple's (NASDAQ: AAPL) new status as a dividend stock is, no pun intended, bearing fruit. At least at the new ETF level. The WisdomTree U.S. Dividend Growth Fund (NASDAQ: DGRW), which debuted today, features the iPad maker as its largest holding with a weight of 4.71 percent. Aside from...
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UPDATE: Flowers Foods Announces 3-for-2 Stock Split, Raises Qtr. Dividend to $0.1125/Share Split Adjusted
Wednesday, May 22, 2013 - 10:42amPrior to the Flowers Foods (NYSE: FLO) annual shareholders meeting today, the company's board of directors declared a three-for-two split of the company's stock by means of a 50% stock dividend and also increased the annual cash dividend by $.035. This equates to a 5.5% increase over the previous...
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Wednesday, May 22, 2013 - 8:30am
The Mystery Irish Loophole that Landed Apple in Hot Water
Apple (NASDAQ: AAPL) found itself in unfamiliar territory on Tuesday. CEO Tim Cook was sitting in front of a congressional subcommittee spilling the beans about its offshore operations. Who had ever heard of these three “subsidiaries”, Apple Operations International (AOI), Apple Sales...
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SSE Posts Higher Full-Year Profit, Lifts Dividend
Wednesday, May 22, 2013 - 5:07amSSE PLC (OTC: SSEZY) posted a rise in its full-year headline profits. SSE's headline profit for the period surged to 1.41 billion pounds ($2.14 billion). It also lifted its dividend by 5.1%. SSE's adjusted profit before tax rose 5.6% to GBP1.41 billion, from GBP1.34 billion, in the year-ago...
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Stocks To Watch For May 22, 2013
Wednesday, May 22, 2013 - 4:25am
Some of the stocks that may grab investor focus today are: Wall Street expects Lowe's Companies (NYSE: LOW) to report its Q1 earnings at $0.51 per share on revenue of $13.46 billion. Lowe's shares rose 0.47% to $42.65 in after-hours trading. Saks (NYSE: SKS) has hired Goldman Sachs to explore...
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Tuesday, May 21, 2013 - 12:40pm
Three Surprising Sources of Global ETF Yield
Today's low interest rate environment has sent investors scurrying for yield across myriad asset classes. Whether it is with traditional dividend stocks, multi-asset products or bank loan and junk bond ETFs, investors have an increasing array of choices with which to generate income....
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JP Morgan Declares $0.30/Share Qtr. Dividend, Offers Results of Prelim. Votes at Annual Holders Meeting
Tuesday, May 21, 2013 - 12:31pmThe Board of Directors of JPMorgan Chase & Co. (NYSE: JPM) today declared a quarterly dividend of 38 cents per share on the outstanding shares of the corporation's common stock, an increase from the prior quarterly dividend of 30 cents per share. The dividend is payable on July 31, 2013, to...
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Bernstein Sees Deal Between Vodafone, Verizon Unlikely, Says Recent Mgmt Comments Suggest Verizon Could Withhold Dividends
Tuesday, May 21, 2013 - 11:27amBernstein's Robin Bienenstock issued a note Tuesday morning suggesting a deal by Vodafone (NASDAQ: VOD) to sell its Verizon Wireless (NYSE: VZ) stake is "highly unlikely" in the next two years. Bienenstock said Vodafone management believes Verizon Wireless is a more attractive option than its...
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