Yahoo Finance Macy’s Settles Its Proxy Fight. What Happens Now.
Investment firm Arkhouse Management ended its proxy contest against the retailer, and withdrew its seven other director candidates.
Investment firm Arkhouse Management ended its proxy contest against the retailer, and withdrew its seven other director candidates.
With tourists struggling to access the two primary digital payment apps, Alipay and WeChat pay, Beijing has put measures in place to make cash payments easier
The Federal Reserve’s policy committee will confer on Tuesday and Wednesday, with officials likely to confirm a cautious and gradual approach to changing interest rates in 2024. The Fed’s balance sheet plans may get more attention. The Federal Open Market Committee will conclude the two-day meeting on Wednesday.
It looks like Sheng Siong Group Ltd ( SGX:OV8 ) is about to go ex-dividend in the next 3 days. The ex-dividend date...
The fintech saw strong growth from its Hong Kong ePension project while its digital bank division attracted higher deposits. The post iFAST’s Dividend Climbs 30% as its Latest Quarter Net Profit Leaps 387%: 5 Things Investors Need to Know appeared first on The Smart Investor.
Depending on the prices at which the shares are repurchased, the buyback programme could take more than a year to be completed.
The impairment provisions would lead to the telecom giant reporting a net loss for the second-half period and a lower net profit for the full-year ended March 31, 2024, according to Singtel. Shares of Singtel were down 2.5% during Monday midday at S$2.35 per share, underperforming the broader benchmark stock index's 0.2% decline. "Singtel highlighted that this won't impact its dividend which is based on 70% to 90% of the underlying net income while the non-cash impairment charges will be booked as one offs," Maybank Research analyst Hussaini Saifee wrote in a research note on Monday.
Singapore Telecommunications on Monday forecast non-cash impairment provisions of S$3.1 billion ($2.28 billion) for second-half of 2024 which would lead to the telecom giant reporting a net loss for the period. The company also warned that it would report a lower net profit for the full-year ended March 31, 2024. About S$2 billion of the total impairment provision originates from its mobile network operation unit, Optus' goodwill, Singtel, Southeast Asia's largest telecom operator, said in its filing.
HONG KONG (Reuters) -Shares of Chinese property developers rallied on Monday on speculation more stimulus measures are likely to be unveiled this week aimed at clearing inventory, boosting sales and lifting home purchase restrictions. Hong Kong's Hang Seng Mainland Properties Index jumped 4.3% in the morning session, while mainland China's CSI 300 Real Estate Index surged 6.9%, both to near four-month highs. Private property developers including Sunac China, and defaulted Shimao Group, KWG Group, Zhenro Properties, Fantasia and Kaisa Group, all gained more than 20%.
Tata Sons, the holding company of India's Tata Group, has increased its stake in satellite TV provider Tata Play to 70% by buying a 10% stake from Singapore state investment firm Temasek for about $100 million, the Economic Times reported on Tuesday. Tata Play has informed the Ministry of Information and Broadcasting about the change in shareholding, complying with regulations governing direct-to-home (DTH) companies, according to the report, which cited people familiar with the matter.
The former IT worker quit his job at 35.
A 53-year-old trucker named Donny called into "The Ramsey Show" asking Dave Ramsey and co-host Dr. John Delony for advice on finding a way out of his distressing circumstances. Donny's initial admission set the tone. “I'm 53 years old, have absolutely nothing for retirement, I'm $50,000 in debt, and I want a divorce,” he said. Don't Miss: The shocking amount the average American would save by now if they started an account in 2010 with today’s high yield savings rates will make you run to open y
Warren Buffett is one of the most widely trusted investors of the modern era. When he offers financial advice, it's worth listening to -- especially if it can help you avoid financial disaster. Learn...
The supermarket operator continues to expand its store count in Singapore even as it grows its top and bottom lines. The post Sheng Siong Reports an Increase in Revenue and Profits: 5 Highlights from the Retailer’s Latest Earnings appeared first on The Smart Investor.
The Zacks Mining - Gold industry's near-term prospects are bright, as gold prices are expected to gain. One can watch stocks like AEM, GFI, AU and HMY, backed by their growth prospects.
AMD will report its Q1 earnings after the bell on Tuesday as Wall Street looks for signs of AI and PC sales growth.
Your net worth is more than just the balance in your bank account. It's a measure of your financial health. For You: Mark Cuban Reveals Why He Keeps a Strict Budget EverydayTry This: 6 Unusual Ways To...
Let's talk about the popular NVIDIA Corporation ( NASDAQ:NVDA ). The company's shares saw a significant share price...
Traders in Europe will be waking up to a nervy currency market after the yen's sharp reversal from its slide past 160 per dollar on Monday had some speculating Tokyo could be behind the move while the country was out on a holiday. The jump in the yen - which took it to a session-high of 156.55 per dollar - came just a few hours after it slid to the weaker side of 160 per dollar for the first time since 1990, marking a fresh 34-year low. Some said the rapid strengthening of the yen smelt like intervention, but markets will have to wait till Tuesday for any signals from authorities.
Passive income is money not derived from active involvement such as a salary -- and, if you want to get steady income streams, these are the way to go. While these may require some initial...
Samsung Electronics said Tuesday that its first-quarter operating profits had risen nearly tenfold year-on-year amid recovering chip prices and growing demand, notably for generative AI. The firm is the flagship subsidiary of South Korean giant Samsung Group, by far the largest of the family-controlled conglomerates that dominate business in Asia's fourth-largest economy.- Focus on AI - South Korean chipmakers, led by Samsung, enjoyed record profits in recent years as prices for their products s