2 May, 2014 by The TZ Newswire Staff Comments Off on Tobacco Makers Find New Ways To Keep Paying Dividends
Tobacco Makers Find New Ways To Keep Paying Dividends
Tobacco makers have been forced to adjust over the years as the cigarette industry has come under fire. But one thing hasn’t changed — stable cash flows allow them to keep paying hefty dividends to shareholders. Even if fewer people light up in the U.S., many do overseas. Among the big tobacco companies, Vector Group (VGR) on March 10 lifted its quarterly payout by two cents to 40 cents a share for a 7.5% annualized yield.
2 May, 2014 by The TZ Newswire Staff Comments Off on Wall Street dips to end the week, though jobs data upbeat
Wall Street dips to end the week, though jobs data upbeat
U.S. stocks eased on Friday as an upbeat jobs report was offset by concerns about more violence in Ukraine. Healthcare shares were among the biggest drags on the S&P 500, including U.S. drugmaker Pfizer Inc . Its shares lost 1.4 percent to $30.70 after its sweetened 63 billion pound ($106 billion) bid for AstraZeneca Plc was promptly rejected by the British company Friday.
2 May, 2014 by The TZ Newswire Staff Comments Off on Jobs number vs GDP growth: Which economy is it?
Jobs number vs GDP growth: Which economy is it?
What a mix of economic reports really say about the economy.
2 May, 2014 by The TZ Newswire Staff Comments Off on US reports first case of deadly MERS virus
US reports first case of deadly MERS virus
The United States has reported its first case of a deadly virus found in the Middle East, in a traveler from the region.
2 May, 2014 by The TZ Newswire Staff Comments Off on Wall Street dips to end the week, though jobs data upbeat
Wall Street dips to end the week, though jobs data upbeat
U.S. stocks eased on Friday as an upbeat jobs report was offset by concerns about more violence in Ukraine. Healthcare shares were among the biggest drags on the S&P 500, including U.S. drugmaker Pfizer Inc . Its shares lost 1.4 percent to $30.70 after its sweetened 63 billion pound ($106 billion) bid for AstraZeneca Plc was promptly rejected by the British company Friday.
2 May, 2014 by The TZ Newswire Staff Comments Off on More Bad News Out Of JPMorgan About The State Of The Housing Market
More Bad News Out Of JPMorgan About The State Of The Housing Market
Another day, another preannouncement by a major bank confirming that the housing bubble has not only popped but that traditional bank activity, namely the lending of mortgage loans to consumers – who aren’t borrowing not because they have no access to the loans but because real estate prices pushed up by institutional investors who don’t need mortgage loans, are simply idiotic – is dead and buried.
2 May, 2014 by The TZ Newswire Staff Comments Off on More Bad News Out Of JPMorgan About The State Of The Housing Market
More Bad News Out Of JPMorgan About The State Of The Housing Market
Another day, another preannouncement by a major bank confirming that the housing bubble has not only popped but that traditional bank activity, namely the lending of mortgage loans to consumers – who aren’t borrowing not because they have no access to the loans but because real estate prices pushed up by institutional investors who don’t need mortgage loans, are simply idiotic – is dead and buried.