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Business News

Location American Business News for 4 August 2016

Seagate's Dividend Fumble

Barron's - 4 Aug 2016 15:25
Seagate's Dividend Fumble The 4.5-month lag between payments makes it unclear whether the annual dividend can still be considered at $2.52.
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Cummins India: weak quarter as exports sink

livemint.com - 4 Aug 2016 23:22
Cummins India: weak quarter as exports sink Exports, which account for a third of total sales, fell 22% in June quarter from a year ago
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HFC Dividend Yield Pushes Above 5%

Forbes - 4 Aug 2016 23:19
HFC Dividend Yield Pushes Above 5% Looking at the universe of stocks we cover at Dividend Channel, in trading on Thursday, shares of HollyFrontier Corp. (NYSE: HFC) were yielding above the 5% mark based on its quarterly dividend (annualized to $1.32), wit...
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How to Explain the Sudden Boom in Bank Lending

American Banker - 4 Aug 2016 22:00
How to Explain the Sudden Boom in Bank Lending The impressive loan growth in the second quarter is surprising in an economy that grew by 1.2% in the second quarter and by only 0.8% in the first quarter.
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Dimon's Call to Scrap Guidance Raises Transparency Concerns The age-old fight over whether earnings forecasts and quarterly reports are essential for investors or bad for the economy has new legs, and banks are square in the middle of it.
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How to Really, Really Enjoy National Chocolate Chip Cookie Day Americans love cookies -- and we each eat an average of 18,928 cookies in a lifetime -- with chocolate chip cookies top of the list.
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Wall St. Trading Is Flat at the Open

The New York Times - 4 Aug 2016 18:03
Global stocks rose and the British pound fell after the Bank of England unveiled stimulus measures, following the 'Brexit' vote.
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Kellogg sales dropped 6.6 percent, as demand slid further for its breakfast foods and snacks, which include Corn Flakes and Froot Loops.
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55 Inspiring Quotes That Show The Power Of Emotional Intelligence. 55 Inspiring Quotes That Show The Power Of Emotional Intelligence. The higher our emotional intelligence the more we can achieve.
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Trump's presidential run may be ruining his businesses The presidential election is still 96 days away but many Americans have already voted -- with their feet. Visits to Donald Trump-named hotels, casinos and golf courses in six states are down 10 percent over the past year...
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EMC Offers 'Attractive' Arbitrage Value Now

Barron's - 4 Aug 2016 19:16
EMC Offers 'Attractive' Arbitrage Value Now EMC looks like a buy ahead of its $55 billion-plus purchase by Dell's parent, privately held Denali.
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Rio has a new problem -- wild animals are taking over the Olympic golf course Golf Channel The 2016 Summer Olympics officially start Friday, but now Rio can add one more entry to its growing list of problems. Luckily, this one is kinda cute. According to the Golf Channel, the golf course for the ...
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Viacom's Profit Slumps 29%, Providing a Lens Into a Business in Turmoil The company has struggled for stability over the last several months as the mental capacity of its controlling shareholder, Sumner M. Redstone, is questioned.
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Lionel Messi's bodyguard annihilated a fan who jumped out of the stands Nils Petter Nilsson/Ombrello/Getty To be Lionel Messi is to be semi-regularly bombarded by fans, whether during warm-ups, after the final whistle, or right in the middle of a game. Messi typically handles these pitch inv...
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Wheels: Smartphones Bring More Mobility to the Rental Car Business Start-ups like Getaround, an Airbnb for car owners, and Skurt, which delivers rental vehicles to customers, are putting pressure on rent-a-car companies.
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Ford is recalling about 830,000 vehicles in the U.S. and Mexico because parts in the side door latches can break and the doors can open while the vehicles are moving. …
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Nigeria's government has resumed paying stipends to former militants even as security forces' air and ground assaults have reportedly killed scores of fighters disrupting petroleum production in the oil-rich Niger Delta....
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SeaWorld revenue and attendance drop, shares tumble

Miami Herald - 4 Aug 2016 17:31
SeaWorld's revenue fell as the theme park and entertainment company's attendance declined, sending the company's shares lower in premarket trading, …
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Restaurant Brands International said its profit jumped during the second quarter as Burger King's sales weakness in the U.S. was offset by strength overseas. …
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Top Sales Pros Always Focus on These Questions Thousands of executives use these questions to make purchase decisions. How about you?
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7 Venture Capitalists Weigh In on Why They Decided to Invest Hear straight from the VCs themselves on why they decided to say "yes" to a startup's pitch.
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Coalition Of U.S. States Signed Pact To Keep Exxon Climate Probe Confidential HOUSTON, Aug 4
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