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Top StoriesGlobal Corporate Dividends Hit Record $1.66 Trillion in 2023
Top StoriesHipgnosis’ Songs Portfolio Valuation Falls Sharply; Extends Dividend Halt
Top StoriesAena’s 2023 Profit Soars 81% as Airport Traffic Tops pre-COVID Levels
Top StoriesStanChart Lowers Income Target, Launches $1 Billion Share Buyback as Profit Jumps 18%
Swiss Re 2023 Net Profit Surges, in Line With Expectations
Date: February 16, 2024
Swiss Re 2023 net profit surges, in line with expectations FRANKFURT (Reuters) -Reinsurance company Swiss Re said on Friday that net profit for 2023 surged 580%, in line with expectations, as it recovered from a difficult period a year earlier. The net profit of $3.214 billion for the year compares with a profit of $472...
Jet Engine Maker Safran Raises Dividend on Profit Jump and Growth Outlook
Date: February 15, 2024
Jet engine maker Safran raises dividend on profit jump and growth outlook PARIS (Reuters) -French jet engine maker Safran posted sharply higher revenue and operating profit for 2023, raised its dividend and predicted further growth this year on the back of strong demand for engine services. Shares in the company rose sharply in early Paris...
Walgreens Slashes Dividend Even as Q1 Profit Beats Estimates
Date: January 4, 2024
Walgreens slashes dividend even as Q1 profit beats estimates (Reuters) -U.S. pharmacy chain Walgreens Boots Alliance on Thursday nearly halved its dividend to save more money, even as the company’s cost-cut measures helped it report better-than-expected quarterly profit. Higher drug prices also boosted the pharmacy operations of the company that has been grappling with fierce...
Bp Shares Slump as Q3 Profit Misses Forecast on Weak Gas
Date: October 31, 2023
BP shares slump as Q3 profit misses forecast on weak gas By Ron Bousso and Shadia Nasralla LONDON (Reuters) – BP on Tuesday reported third-quarter earnings of $3.3 billion, missing analysts’ forecasts due to weak gas trading results while the firm wrote down a large chunk of a U.S. offshore wind project. BP shares were...
Hp Forecasts 2024 Profit in Line With Estimates, Boosts Annual Dividend
Date: October 11, 2023
HP forecasts 2024 profit in line with estimates, boosts annual dividend (Reuters) -HP Inc on Tuesday forecast fiscal 2024 earnings largely in line with estimates and raised its annual dividend, reflecting stabilizing demand in the personal computers market. Companies such as HP, Lenovo and Dell Technologies have seen demand ease from peaks hit during the...
Finnair to Raise $632 Million to Shore up Finances
Date: October 6, 2023
Finnair to raise $632 million to shore up finances STOCKHOLM (Reuters) -Finnish airline Finnair said on Friday it planned to raise up to 600 million euros ($632 million) in a rights issue to shore up its finances and allow it to resume dividend payments from 2025. The Nordic country’s national carrier has been launching new...