JPMorgan and Morgan Stanley enhance buybacks and dividends, even though Citigroup and BofA get more compact techniques

JPMorgan and Morgan Stanley enhance buybacks and dividends, even though Citigroup and BofA get more compact techniques


Important Points
  • JPMorgan claimed it was increasing its quarterly dividend 8.7% to $1.25 for every share and that it approved a new $30 billion share repurchase plan.
  • Morgan Stanley mentioned it was boosting its dividend 8.8% to 92.5 cents per share and authorized a $20 billion repurchase system.
  • Citigroup said it was boosting its dividend 5.7% to 56 cents per share and that it would “keep on to assess share repurchases” on a quarterly foundation.
  • Financial institution of America explained it was escalating its dividend 8% to 26 cents for every share its launch made no mention of share repurchases.



Source

Stocks making the biggest moves after hours: Palo Alto Networks, Take-Two Interactive and more
Finance

Stocks making the biggest moves after hours: Palo Alto Networks, Take-Two Interactive and more

Check out the companies making headlines in extended trading. Palo Alto Networks — Shares of the cybersecurity company fell nearly 4%. Palo Alto reported remaining performance obligations — revenue it expects to receive from services yet to be delivered — of $13.5 billion in the fiscal third quarter. That came in slightly below the $13.54 […]

Read More
Stocks making the biggest moves midday: D-Wave Quantum, Moderna, Agilysys, Tesla and more
Finance

Stocks making the biggest moves midday: D-Wave Quantum, Moderna, Agilysys, Tesla and more

Check out the companies making headlines in midday trading. D-Wave Quantum — The quantum computing stock surged more than 26% after announcing its latest computing system called Advantage2. Agilysys — The enterprise software developer for the hospitality industry rallied 21% after topping analysts expectations in its latest quarter. Agilysys reported fiscal fourth-quarter adjusted EBITDA of […]

Read More
Stocks making the biggest moves premarket: Home Depot, Amer Sports, Viking Holdings & more
Finance

Stocks making the biggest moves premarket: Home Depot, Amer Sports, Viking Holdings & more

Check out the companies making headlines in premarket trading. Home Depot — The home improvement retailer gained 2.4% after it stuck by its guidance for the full year . CFO Richard McPhail also told CNBC Home Depot doesn’t plan to increase prices due to tariffs. Viking Holdings — Shares of the cruise line fell 5.6% […]

Read More