Gold Miner AngloGold Ashanti (AU) Buys Back Hedges. Is that a Clue for Gold...
AngloGold Ashanti (NYSE: AU) will raise $1.37 billion in a share and bond offering in order to buy back the company’s hedges on the price of gold. AngloGold’s CEO, Mark Cutifani, said the following...
View ArticleThese Companies Are Just Announcing New Dividend Boosts
1) Cummins Inc. (NYSE:CMI) stock jumped 1.51% this morning on news that the company will hike its dividend by 52%, or 14 cents per share. The shareholder payday will cost the company an estimated $27...
View ArticleApple to Issue First Dividend Since 1995
Apple (NASDAQ:AAPL) has decided to pay shareholders a dividend for the first time since 1995, making use of the company’s $98 billion cash stockpile. Apple on Monday set a quarterly dividend of $2.65...
View ArticleGM’s New Fleet Is Drowning Out Haunting Bailout Memories
It was just last week that we reported General Motors Co.’s (NYSE:GM) shares topping its initial public offering price for the first time in two years. As the U.S Treasury sells down its stake and GM...
View ArticleWal-Mart’s Shareholder Meeting and Future
At its annual shareholder meeting on Friday, Wal-Mart (NYSE:WMT) announced it was going to buy back some of its stock for the first time in two years. The world’s largest retailer announced it was...
View ArticleApple Recap: Buybacks, Blahnik, and More Patent Suits
Shares of Apple (NASDAQ:AAPL) are struggling to maintain the gains they etched out on the stock charts last week. The iPhone maker’s stock ended Tuesday down $6.67, or 1.31 percent, at $501.07....
View ArticleTesla’s Model S Buyback Plan: Genius or Crazy?
When Tesla Motors (NASDAQ:TSLA) first introduced its unconventional Model S finance plan back in April, critics questioned the strategy’s potential and charged the automaker with overstating customer...
View ArticleBernanke: Santa Claus or The Grinch?
I’ve written plenty about my thoughts on the Fed and all the blathering from the media talking heads. Debates about the timing and probability of a Fed “taper” decision came to a crescendo in the...
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