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Dividend News

Suncor blames net loss in 4th quarter of 2018 on price discounts

Suncor Energy Inc. is blaming a net loss in the last three months of 2018 primarily on steep price discounts for western Canadian oil, including the upgraded synthetic crude it produces at its oil sands mining operations.

Google exits $1,000 stock club after special dividend

New York - US technology giant Google Thursday exited the rarified club of $1,000 stocks after creating a new class of shares that some say could be used to finance acquisitions.

Deutsche Bank restates 2013 figures after Kirch deal

Frankfurt - Deutsche Bank, Germany's largest lender, said on Thursday that it was revising down its 2013 earnings to reflect the recent settlement of a long-running legal dispute.Deutsche Bank said in a statement that net profit amounted to 681 million euros ($942...

Berkshire opposes dividend proposal; Buffett, Gates get pay rises

Warren Buffett's Berkshire Hathaway Inc has urged shareholders to vote against a proposal that it consider spending some of its $48.2 billion of cash on a "meaningful" dividend.

Deutsche Bank maintains dividend but sees challenges ahead

Frankfurt - Deutsche Bank, Germany's largest lender, said on Wednesday it will propose paying an unchanged dividend for 2013 as it faces a raft of different challenges this year."The executive board has decided to propose to the supervisory board a dividend of 0.

Fiat omits dividend as profits disappoint

Milan - Italian car giant Fiat announced on Wednesday it was changing its name after completing the purchase of US automaker Chrysler to "Fiat Chrysler Automobiles", but posted disappointing 2013 results.

No upturn in investment banking ops: Deutsche Bank

Frankfurt - Deutsche Bank, Germany's biggest lender, is not expecting its activities in investment banking, its largest division, to improve this year, one of its joint chiefs said Monday.

GM to pay first stock dividend since 2008

New York - General Motors Tuesday announced plans to begin paying a quarterly dividend for the first time since the company's 2008 government rescue.
 

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