Commerzbank to Slash Jobs, Scrap Dividend in Broad Revamp Commerzbank to Slash Jobs, Scrap Dividend in Broad Revamp : German lender to cut 9,600 jobs as part of new CEO’s plan to shrink the bank.FRANKFURT— Commerzbank AG on Thursday said it plans a wide-ranging overhaul that includes laying off close […]
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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 […]
