U.S. corporate balance sheets have declined since the 2017 tax overhaul signed into law by President Donald Trump, as companies allocated more money to share buybacks, dividend hikes, acquisitions and capital spending. According to a report in The Wall Street Journal, citing Moody’s Investors Services,...
GE, in conjunction with reporting a third-quarter loss of $2.63 a share, revealed that it is slashing its quarterly dividend, is reorganizing its Power unit and is the subject of a Department of Justice inquiry into accounting at the conglomerate. In a press release, GE said...
Due to regulatory uncertainty, Standard Chartered will not restart dividend payments. The U.K. bank made the announcement this week while reporting on its half-year finances. According to India-based Standard Chartered, the bank saw an 82 percent increase in H1 profits, but it wasn’t enough to...
Capital, capital everywhere — but, for big U.S. bank investors, the old Seinfeld punchline: “No dividends for you!” The famed bank stress tests that have been in place for years and that get attention from Wall Street when it comes time to judge how sound the global financial system may...
June 10, 2019
U.S. corporate balance sheets have declined since the 2017 tax overhaul signed into law by President Donald Trump, as companies allocated more money to share buybacks, dividend hikes, acquisitions and capital spending. According to a report in The Wall Street Journal, citing Moody’s Investors Services, as a result of the record spending, U.S. corporate cash […]
October 30, 2018
GE, in conjunction with reporting a third-quarter loss of $2.63 a share, revealed that it is slashing its quarterly dividend, is reorganizing its Power unit and is the subject of a...