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BHP dividend cut heralds the death of the yield play
2016-02-27 06:14:30| Grocery - Topix.net
The cut came as no surprise to institutional investors, many of whom had been urging BHP and its old rival Rio Tinto to rethink the size of their dividends. That didn't prevent a good old-fashioned shareprice rout when the bad news finally landed; BHP shares fell 11 per cent in three days as yield-focused investors accepted that one of Australia's biggest companies was no longer satisfying their lust for yield.
SBA Communications Co. (SBAC) Price Target Cut to $115.00 by Analysts at Jefferies Group
2016-02-27 03:28:09| Telecom - Topix.net
The brokerage presently has a "buy" rating on the stock. Jefferies Group's price target indicates a potential upside of 21.49% from the company's previous close.
California cut water use 17.1% in January, falling short of target for the first time
2016-02-26 14:09:00| Climate Ark Climate Change & Global Warming Newsfeed
LA Times: When Gov. Jerry Brown called for a statewide 25% cut in urban water use last April, drought-weary Californians snapped quickly into compliance. They slashed consumption enough to easily exceed Brown`s order for four straight months, cheering state water regulators. But as temperatures cooled and the calendar turned to fall, conservation slowed. And on Thursday, officials said the state`s cumulative water savings fell below 25% for the first time in eight months of reporting, to 24.8%. Officials...
Gerry Weber to cut jobs under realignment plan
2016-02-26 12:06:00| Daily apparel & textile news and comment - from just-style.com
Gerry Weber has implemented a realignment programme that will see the closure of over 100 stores and the elimination of over 250 jobs, after revealing an "unsatisfactory" year for the German fashion house.
Steel Dynamics, Inc. (STLD) Stake Cut by Dupont Capital Management Corp
2016-02-26 12:01:59| Steel - Topix.net
DUPONT CAPITAL MANAGEMENT Corp cut its position in Steel Dynamics, Inc. by 10.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 214,700 shares of the company's stock after selling 24,867 shares during the period.
Tags: management
capital
cut
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