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dividend
Latest Headlines
Latest Headlines
Banks poised to return capital
As 2011 ended, we unfortunately grew accustomed to a steady stream of bad news about the banking industry. But in reality, this was primarily a big bank phenomenon.
By one measure, the rest of the industry fared well. For example, lots of regional banks shored up their capital enough to in
Buffett invests $5 billion in Bank of America
Just as Warren Buffett rode to the rescue of Goldman Sachs at the height of the financial crisis, so too is he riding to the rescue of Bank of America.
Bank of America has announced that the sage of Omaha's Berkshire Hathaway has agreed to invest $5 billion in preferred stock that carries a so
Bond covenants: Financial sponsors gaining upper hand again
One of the big stories of the financial crisis was the apparent rise in stature of bondholders vis-à-vis financial sponsors.
In the heyday of private equity deals, the former had became accustomed to terms that could hardly be deemed investor-friendly. The crash led to a lot of talk about how
NYSE picks up proxy firm support for deal
Shareholders will vote on the proposed NYSE Euronext-Deutsche Bourse deal on July 7. And while the proposal will likely generate enough support to push through the deal, people will be watching closely at the margin of victory.
As of right now, NYSE Euronext officials are most likely breathing
NYSE Euronext, Deutsche Bourse promise special dividend
Eager to win over shareholders, Deutsche Bourse and NYSE Euronext have announced a special dividend to sweeten their merger proposal ahead of a NYSE Euronext vote shareholder vote next month.
Deutsche Bourse shareholders have until July 13 to tender their shares. Shareholders in the combined c
Bank of America's credibility damaged by dividend rejection
The Fed's move to deny Bank of America's ( NYSE: BAC ) request to hike its dividend this year continues to raise brows. The rejection was certainly a surprise, as Bank of America executives seemed confident and analysts generally bought in. The conventional wisdom--that the stress tests were a m
Citigroup to hike dividends, reverse split
There was a day when a reverse split signaled stock had been so battered that the only way to stay off the Pink Sheets was to reverse split massively. But when it comes to big banks that were bailed out by the federal government, a reverse split is much more of a positive indicator.
Under a pl
JPMorgan results portend big earnings burst?
The conventional wisdom was that lingering tough times, especially in the trading environment, would result in a new wave of layoffs in early 2011. The Barclays news seemed to confirm as much. But then came JPMorgan Chase's fourth quarter and annual results, which surprised on the upside.
The
Citigroup to boost dividends?
The government's sale of its remaining 2.4 billion shares of Citigroup ( NYSE: C ) went better than expected, generating $10.5 billion. That goes with $21.3 billion already raised from previous stock sales, $2.2 million in TruPS repayments, $20 billion in Targeted Investment Program Repayment an
Secondary deals, dividend payments stoke controversy in private equity
Secondary deals are winner for much of the private equity deal supply chain. Sellers generate large profit. Buyers get to deploy capital that perhaps had gone unused. And the investment banks earn big fees for advising and lending. But this elaborate exercise of selling among themselves for a wide
