Dividends

NEW ORLEANS —  Milestones in the NBA are often noisy affairs. Games are paused. Public-address announcements are made. Attention is paid.When the Clippers reached their own against New Orleans inside Smoothie King Center, there was no fanfare, not even acknowledgment. But what it lacked in celebration, it held in significance.Five minutes into the first quarter of Friday’s 111-95 victory, the Clippers’ starting lineup of point guard James Harden, wings Terance Mann, Kawhi Leonard and Paul George, and center Ivica Zubac…

Shares of Walgreens fell more than 11% on Thursday after the company reported fiscal first-quarter adjusted earnings and revenue that topped expectations, but cut its quarterly dividend nearly in half. The retail pharmacy giant slashed its dividend to 25 cents per share from 48 cents per share to "strengthen long-term balance sheet and cash position," CEO Tim Wentworth, who officially took the helm during the quarter, said in a statement. Walgreens' dividend yield is now 3.9%, based on Wednesday's closing price. That's…

A customer enters a Nike store along the Magnificent Mile shopping district on December 21, 2022 in Chicago, Illinois. Scott Olson | Getty ImagesNike on Thursday unveiled plans to cut costs by about $2 billion over the next three years as it warned about a "softer" revenue outlook for the second half of the year.The sneaker giant plans to simplify its product assortment, increase automation and its use of technology, streamline the overall organization and leverage its scale "to drive greater efficiency," the company said…

Credit: CC0 Public Domain Every year, employees worldwide enter annual performance reviews with mixed feelings. Do employees enter these conversations with enthusiasm to learn new things? Rarely. Are managers eager to have these conversations and coach their employees on how they can improve in the coming year? No. These meetings are typically…

Members of the United Auto Workers union picket outside the Michigan Assembly Plant in Wayne, Michigan, on Sept. 26, 2023.Matthew Hatcher | AFP | Getty ImagesNEW YORK – Ford Motor on Thursday reinstated 2023 guidance after pulling its forecast last month due to the impacts of labor strikes and negotiations with the United Auto Workers union.The guidance calls for $10 billion to $10.5 billion in adjusted earnings before interest and taxes, or EBIT, and adjusted free cash flow of between $5 billion and $5.5 billion. That…

Mary Barra, Chair and CEO of the General Motors Company (GM), speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 2, 2022.Patrick T. Fallon | AFP | Getty ImagesGeneral Motors is seeking to regain Wall Street's confidence leading into 2024 with several investor-focused initiatives Wednesday following a tumultuous year of labor strikes and setbacks in its plans for electric and autonomous vehicles.The Detroit automaker plans to increase its quarterly dividend next year by 33% to 12…

A Gap retail store sign on September 20, 2022 in Los Angeles, California. Allison Dinner | Getty ImagesGap posted a better-than-expected third quarter on Thursday, but the apparel retailer still appears cautious ahead of the holiday season as it works to reverse slowdowns at Banana Republic and Athleta. The company, which also runs Old Navy and its namesake banner, far exceeded Wall Street's estimates for profits and same-store sales, but only reaffirmed its full-year guidance and expects holiday-quarter sales to be flat…

Tide laundry detergent is shown on display in Compton, California, U.S., January 10, 2017. Mike Blake | ReutersProcter & Gamble on Friday reported quarterly earnings and revenue that beat analysts' expectations, thanks to price hikes for products like Crest toothpaste and Pampers diapers.But the company released a gloomy outlook for its fiscal 2024 sales that fell short of Wall Street's estimates.Still, shares of the company rose 1.5% in premarket trading.Here's what the company reported compared with what Wall Street…

The oil major boosted its dividend and added a $3 billion buyback in its first quarterly results release since its new CEO unveiled a strategic shift. The oil major boosted its dividend and added a $3 billion buyback in its first quarterly results release since its new CEO unveiled a strategic shift. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified.…

Maxwell House's new Iced Latte with FoamSource: Kraft HeinzAt 131 years old, Maxwell House is no spring chicken, and most of its loyal drinkers aren't either.But Kraft Heinz is looking to revive the coffee brand by appealing to younger consumers with its new iced latte with foam, its first product launch in nearly a decade.related investing newsOnce the country's top coffee brand, Maxwell House has fallen out of favor with consumers who have grown more sophisticated in their coffee habits and adopted espresso machines,…