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Sinclair beats 2Q profit expectations; shares jump
TV station operator Sinclair Broadcast Group Inc. on Wednesday reported a second-quarter net income increase of 62 percent, due to political ad spending that was three times higher than the […]
JPMorgan suspends stock repurchase plans
NEW YORK — JPMorgan Chase is suspending plans to buy back its own stock, a little over a week after the bank posted a large trading loss. The largest U.S. […]
Marriott lifts quarterly dividend by 30 percent
BETHESDA — Marriott International Inc. is boosting its quarterly dividend by 30 percent to 13 cents per share from 10 cents per share. The lodging company, whose brands include The […]
Apple’s next hot release: The dividend check
NEW YORK — Apple made computers sexy. Can it do the same for the musty old dividend? Issuing a regular payment to your stockholders after years of just amassing cash […]
Sean Somerville: Build a financial moat by investing in rivals
In an environment where stocks and bonds breed feelings of uncertainty, where can an investor turn for steady income and favorable odds of appreciation? Dividend stocks have historically been a […]
Lockheed Martin raises 4Q dividend
BETHESDA — Defense contractor Lockheed Martin said Thursday it will pay a fourth-quarter dividend of $1 per share and repurchase up to $2.5 billion in common stock. The company said […]
Sean Somerville: Four tips to help combat ‘ticker terror’
For many investors, August probably brought on a couple of bouts of ticker terror — that horrible feeling that comes when every stock symbol on the screen is red. One […]
Legg Mason reports 4Q profit, assets under management up
Money manager Legg Mason Inc. reported increased profit for its fourth quarter, a gain attributed to higher investment-advisory fees. The firm continues, however, to be plagued by money being pulled […]
Fed rejects Bank of America’s dividend hike plan
NEW YORK — Bank of America said Wednesday the Federal Reserve has objected to its plan for raising its dividend in the second half of this year, a setback that […]
T Rowe Price raises quarterly dividend by 4 cents
Investment firm T. Rowe Price Group Inc. said Thursday its board declared a quarterly dividend of 31 cents, an increase of 4 cents, or 15 percent, from its previous dividend. […]
Freddie Mac posts $4.1B loss for Q3
WASHINGTON — Government-controlled mortgage buyer Freddie Mac on Wednesday posted a narrower loss of $4.1 billon in the third quarter as it asked for an additional $100 million in federal […]
Tab to bail out Fannie, Freddie could reach $259 billion
WASHINGTON — The government spelled out Thursday just how much the most expensive rescue of the financial crisis will end up costing taxpayers — as much as $259 billion for […]
