You Searched For "dividend cut" and got 20 results
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1 min read
Starbucks' early earnings show that new CEO Brian Niccol has his work cut out
Starbucks pre-released earnings on Tuesday, showing sales dropped. New CEO Brian Niccol said he pla…
Alex Bitter
2 mins read
Blackstone's mortgage fund slashes dividend as slump in office puts it under pressure
The impact of a still-weak market for office real estate is felt by Blackstone's huge mortgage fund.
Daniel Geiger
2 mins read
Wall Street says buy stocks that pay dividends with $6 trillion of cash ready to be deployed
"We see more opportunities within equities for investors searching for yield," Bank of America's Sa…
Matthew Fox
2 mins read
Rupee rises 1 paisa to 83.43 against US dollar in early trade
The rupee inched up 1 paisa to 83.43 against the US dollar in early trade on Thursday on the back o…
PTI
2 mins read
AT&T sinks after it says it will slash annual dividend 47% following WarnerMedia spinoff
AT&T will now pay an annual dividend of $1.11 per share, giving it a dividend yield of 4.3% based o…
Matthew Fox
2 mins read
Treasury bonds are yielding the same as the highest dividends paid by S&P 500 companies, Goldman Sachs says
Dividend yields for the highest-paying S&P 500 companies are now exactly in line with the yield on …
Jennifer Sor
3 mins read
Britannia’s Q4 net profit rises 47% YoY to ₹559 crore on softer input costs
Biscuit maker Britannia on Friday reported a net profit of ₹559 crore in Q4, rising by 47% YoY as s…
2 mins read
The commercial real estate crisis will prompt the Fed's first rate cut in May, top economist says
Falling inflation won't be what ultimately induces the Fed to cut rates, but rather a commercial re…
Yuheng Zhan
1 min read
Salt Bae's London restaurant, which charges $850 for steak, cuts heating during peak hours to save money
Several high-ticket items have also been cut from the Nusr-Et Steakhouse in London's menu, includin…
Marielle Descalsota
1 min read
Disney's first job cut round begins this week, 7,000 employees to be hit: CEO
Disney will begin its first round of layoffs at the company this week. In total, the media and ente…
5 mins read
Sensex sheds 632 points, Nifty50 falls 187 points as PSU bank, financial services and IT stocks drag
Indian benchmark indices Sensex and Nifty50 plunged to day’s low on Tuesday. While Sensex fell over…
2 mins read
Don't expect interest rate cuts from the Fed anytime soon as the market overrates a Goldilocks scenario
"The Fed has first to move to a neutral policy bias, then to an easing bias, before cutting the pol…
Matthew Fox
2 mins read
Credit Suisse will absorb a $4.7 billion writedown in the wake of the Archegos blow-up - and says several top executives are leaving
The European lender expects an overall loss of $958 million for the first quarter after two signifi…
Shalini Nagarajan
2 mins read
Reliance Industries will be hosting its 45th AGM this month — all you need to know
Mukesh Ambani-led Reliance Industries Limited (RIL) on Sunday announced that it will be hosting its…
2 mins read
Tata Steel shares fall below ₹1,000 for the first time in 2022 this week – here’s why
Tata Steel, one of the largest steelmakers in India, has seen a considerable decline in its share p…
2 mins read
Markets expect bank dividends to plummet 40% by next year, Goldman Sachs says
Income funds could dump much of their $18 billion in bank equities if such dividend cuts come to fr…
Ben Winck
2 mins read
Disney plans to cut 7,000 jobs and reward shareholders
Disney had about 220,000 workers as of October 1, of which approximately 166,000 were employed in t…
ANI
1 min read
Fintech unicorn Taxfix lays off 120 employees to cut costs
The job cuts come in the wake of Taxfix recently acquiring a Stuttgart-based start-up Steuerbot, wh…
2 mins read
Adidas will slash its dividends as the split with Kanye West's Yeezy looks set to wipe out $1.3 billion in earnings
The sportswear giant has warned it'll take a $1.3 billion hit to earnings after severing ties with …
George Glover
2 mins read
Tax on dividend, rent, insurance payment cut by 25%
PwC India Partner (Tax and Regulatory) Vikram Doshi said, "The immediate reduction of TDS rate by 2…