Microsoft Plans $40 Billion Stock Buyback and Raises Dividend Microsoft Plans $40 Billion Stock Buyback and Raises Dividend : Rise in Tech giant’s quarterly payout to 39 cents from 36 cents represents an increased dividend yield to 2.7%. Microsoft Corp. announced plans to buy back up to $40 billion in […]
Markets
Kmart to close 64 more stores across the U.S Kmart to close 64 more stores across the U.S : Kmart, the mass-merchandise retail chain struggling with listing sales, is going to close 64 stores across the U.S, a person familiar with the matter said Monday. Liquidation sales will begin on […]
Oil rebound hauls up global stocks, commodity currencies Oil rebound hauls up global stocks, commodity currencies : Oil prices bounced back from multi-week lows on Monday, hauling up world stock markets and commodity-linked currencies, on hints that producers were close to reaching an output deal. Crude prices rose more than […]
3 market scenarios based on Fed’s next move 3 market scenarios based on Fed’s next move : Hike or no hike? Pop or drop for financial markets? The Federal Reserve will answer the first question when it announces its decision on interest rates Sept. 21 — an event with such […]
