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Dividends to pour back into sharemarket in hunt for yield
2016-03-30 06:52:15| Automakers - Topix.net
Almost $9 billion in dividends will be paid to investors this week, and much of it will end up back in the sharemarket despite its volatility, fund managers say. Following their interim reports in February, companies are due to pay out more than $19 billion to shareholders throughout March and April, with almost half of that arriving this week, according to CommSec. More than a third of this amount is from the Commonwealth Bank of Australia alone, which this week pays out $3.4 billion in dividends.
PepsiCo. to pour $150 million into pension plans this year
2016-03-04 12:52:31| Beverages - Topix.net
PepsiCo Inc., Purchase, N.Y., plans to contribute about $150 million to its pension plans in 2016, a recently released 10-K filing with the Securities and Exchange Commission said.
Ford to pour $145 million into production of new EcoBoost engines
2016-02-29 04:57:09| Industrial Machines - Topix.net
Ford Motor Co.' s announcement that it plans to invest $145 million into the production of an "all-new second-generation 3.5-liter EcoBoost engine family," is expected to not only give a major shot in the arm for sales of its 2017 F-150 pickup, as well as a new F-150 Raptor , but create or lock in jobs for 150 employees at its Brook Park Ohio plant .
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U.S. auto sales head toward records as carmakers pour on deals
2015-11-30 23:28:08| Auto Dealers - Topix.net
Automakers, already poised to break U.S. sales records for both November and the year in a strengthening economy, are leaving nothing to chance: They're boosting rebates and other deals in an effort to swipe market share from rivals. Aided by offers ranging from zero-percent financing and rebates to Ford's Friends & Neighbors discounts, the carmakers spent 6 percent more this month on incentives than they did a year ago, according to TrueCar Inc., a vehicle pricing research firm.
Mast-Jägermeister launches 'Speed Pour' freezer in US
2015-10-20 14:33:00| Daily beverage news and comment - from just-drinks.com
Mast-Jägermeister has launched a new two-bottle 'Speed Pour' freezer in the US for its shot-driven namesake liqueur brand.
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