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Samsung earmarking cash for growth
2015-02-17 10:46:59| Semiconductors - Topix.net
Samsung Electronics Co Ltd aims to use its $56 billion cash pile to fund growth including acquisitions, the tech giant's investor relations chief said, even as more shareholders clamour for bigger dividends. While the South Korean company's profit declined in 2014 for the first time in three years as its lead in smartphones was challenged by Apple Inc, investors were cheered by a 40 percent dividend boost and its first share buyback since 2007.
Samsung Electronics earmarking cash for growth, including M&A
2015-02-17 10:46:58| Semiconductors - Topix.net
Samsung Electronics Co Ltd aims to use its US$56 billion cash pile to fund growth including acquisitions, the tech giant's investor relations chief said, even as more shareholders clamor for bigger dividends. A Samsung Electronics Galaxy Note Edge smartphone is displayed at the company's headquarters in Seoul January 7, 2015.
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ma
electronics
growth
Olympic Steel Announces Quarterly Cash Dividend
2015-02-16 17:17:11| Steel - Topix.net
Olympic Steel, Inc. , a leading national metals service center, today announced the Company's Board of Directors approved a regular quarterly cash dividend of $0.02 per share. The dividend is payable on March 16, 2015, to shareholders of record on March 2, 2015.
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steel
quarterly
announces
Insight - GM faces investor demand for slice of $25 billion cash hoard
2015-02-13 02:02:17| Automakers - Topix.net
An investor group demand that General Motors Co give back more of its $25 billion cash hoard confronts Chief Executive Mary Barra with a challenge to her plans for building the company and rewarding shareholders. Barra and GM's chief financial officer Chuck Stevens have signalled they will recommend returning more of the cash once the Detroit automaker knows how much it will have to spend to resolve legal issues related to the company's recalls of millions of cars equipped with defective ignition switches.
Tags: cash
demand
investor
insight
Riksbank Has Cash Stash to Handle Potential Negative Rate Run
2015-02-10 15:25:20| Appliances - Topix.net
Nordea Bank AB chief executive officer Christian Clausen said Jan. 28 that the Nordic region's biggest bank will eventually have to start charging clients to deposit money in markets where central bank rates are negative. Photographer: Casper Hedberg/Bloomberg -- Sweden's central bank says it has enough cash in its coffers should negative interest rates cause depositors to withdraw their funds from banks.
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