Global dividend payments have fallen to their lowest level in more than a decade, as companies moved to protect their balance sheets amid the pandemic, and dealt a massive blow to investors who rely on payouts to grow them wealth. Total shareholder payments fell from $ 108 billion to $ …
Read More »Apple shares win after analysts ‘Fortnite,’ scared scared
Apple shares rise for the fifth straight trading session after Morgan Stanley analyst Katy Huberty slammed in with an increasingly Bullish view of the company’s prospects. Huberty increased its price target on Apple’s stock AAPL, + 1.81% to $ 520 from $ 431 in a Monday note to clients. The …
Read More »Step down to Amazon, you could quickly order ‘everything’ with Tata’s super-app
India’s Tata Group is reportedly looking to roll out a ‘super-app’ that will pit it against rivals, including Amazon AMZN, + 0.09% and billionaire Mukesh Ambani-controlled Reliance Industries, in one of the fastest growing e-commerce markets in the world. The new digital platform, which will launch in India in December …
Read More »Rio Tinto blew up old caves. Here’s the reason why the CEO is docked millions
Rio Tinto CEO Jean-Sébastien Jacques attended an annual general meeting in Perth, Australia on May 9, 2019. Jacques will lose about $ 3.5 million in bonuses due to the destruction in May of Australian inland holy sites, the mining company said on August 24, 2020. Will Russell / Associated Press …
Read More »Shares Monday on profit for profit as optimism grows over possible treatments for coronavirus
Stock futures pointed to a higher start Monday, with the S&P 500 and Nasdaq Composite building on last week’s record finish as investors appeared optimistic about a potential COVID-19 treatment. What do key benchmarks do? Futures on the Dow Jones Industrial Average YM00, + 0.94% advanced 271 points, or 1%, …
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