Latest Market News
Shares of Philip Morris International Inc. PM, +0.20% tacked on 0.9% in premarket trading Wednesday, after the cigarette and heated-tobacco products company raised its quarterly dividend by 1.6%, to $1.27 a share from $1.25 a share. The new dividend will be payable Oct. 12 to shareholders of record on Sept. 28. Based on Tuesday’s stock […]
Keurig Dr Pepper shares KDP, +0.81% rose 2% in premarket trade Wednesday, after the drinks company said its board has approved a 6.7% increase in its annualized dividend rate to 80 cents a share from 75 cents. The new dividend comes into effect with the quarterly dividend that was announced today, the company said in […]
Shares of Comcast Corp. CMCSA, +1.33% bounced 0.9% in premarket trading Wednesday, off the previous session’s 2 1/2-year closing low, after the cable TV and internet provider boosted its share repurchase program to $20 billion. So far this year, the company said it has repurchased $9 billion of its common stock, which represents 6.1% of […]
Johns Hopkins University is planning to scale back its COVID data dashboard and will only update global case, death and vaccine data daily, rather than every hour, theWall Street Journal reported Wednesday. The move comes as data reporting is being reduced in the U.S. and elsewhere, making it harder for researchers to access up-to-date numbers. […]
The Ethereum Merge is set to be one of the biggest events in the cryptocurrency industry, potentially affecting many related firms and services, and Ethereum-based exchange-traded products (ETPs) are no exception. ETC Group, a major European crypto ETP issuer, has decided to expand its current Ethereum ETP offering by launching one more Ethereum investment product. […]
Merchants such as Target Corp. [s] and Walmart Inc. WMT, -2.06% signed on to a letter asking Congress to pass a law that would require options for the routing of credit-card transactions over alternative networks, according to The Wall Street Journal. Sen. Dick Durbin, an Illinois Democrat, and Sen. Roger Marshall, a Kansas Republican, who […]