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Chinese companies don’t know where to put their cash — and it’s sparking a record rise in dividend payouts
The Chinese national flag fluttering with the Lujiazui Financial District in the background. Vcg | Visual China Group | Getty Images Chinese companies are enticing investors with record dividend payouts and share buybacks amid rigorous corporate governance reform, with some market watchers saying more are on the horizon. Last year, Chinese listed firms paid out […]
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From jewelry to food waste, firms are ‘shaking’ things up with circular-economy shift
Rapeepong Puttakumwong | Moment | Getty Images From jewelry and clothes to food waste, a growing number of sectors are focusing on operating as part of a “circular economy,” aiming to waste less — and reap the financial benefits in the process. The rising cost of raw materials and a move to reduce carbon emissions […]
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Trump third-term amendment ‘impossibly difficult’ to pass, Harvard Law professor says
U.S. President Donald Trump speaks to journalists as he signs executive orders in the Oval Office of the White House in Washington, D.C., on Jan. 20, 2025. Jim Watson | AFP | Getty Images A newly introduced constitutional amendment that would allow President Donald Trump to be elected to a third term in the White […]
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These names reporting next week have a history of beating earnings expectations
A host of stocks with earnings on deck next week typically beat Wall Street estimates. Roughly 7% of S & P 500 companies have so far reported fourth-quarter results, collectively notching growth of about 61%. When all is said and done, earnings are forecast to grow by about 12% in the fourth quarter. On Wednesday, […]
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Citigroup shares rise as fourth-quarter earnings top estimates
Jane Fraser speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019. Kyle Grillot | Bloomberg via Getty Images Citigroup reported its fourth-quarter earnings Wednesday morning ahead of Wall Street’s opening bell. Here is how the company did relative to LSEG analyst consensus estimates: Earnings: $1.34 a share, […]
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Europe’s stocks open higher ahead of closely watched U.S. inflation data
European markets opened higher on Wednesday as traders await the latest U.S. inflation data that will inform the Federal Reserve’s decision-making on interest rate cuts. The pan-European Stoxx 600 was around 0.4% higher during early deals, with most sectors and all major bourses in positive territory shortly after the opening bell. London’s FTSE 100 was […]
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9 questions we want answered when our 3 financial names report earnings Wednesday
Wall Street’s biggest financial institutions kick off fourth-quarter earnings on Wednesday, with portfolio names Wells Fargo , Goldman Sachs , and BlackRock set to report results before the opening bell. The rally in financial stocks last year, which really started in October 2023, went into high gear in the run-up to the Federal Reserve ushering […]
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Earnings playbook: Big banks kick off the reporting season, along with a major health insurer
The corporate earnings season kicks off in earnest this week, led by the six major U.S. banks. Goldman Sachs, Wells Fargo, JPMorgan Chase, Citigroup, Morgan Stanley and Bank of America are all scheduled to post fourth-quarter results. UnitedHealth is also among the roughly 20 S & P 500 names on deck to report. Expectations for […]
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Goldman says market ‘increasingly vulnerable’ to correction, recommends downside protection
Stocks are looking more primed for a correction as the new trading year kicks off, according to Goldman Sachs. After an unusually strong two-year surge, Peter Oppenheimer, Goldman’s chief global equity strategist, said there could be a short-term digestion period for stocks before further gains can be made. He noted that the two-year performance from […]
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