investopedia

Canadian telecom Shaw Communications (NYSE: SJR) has extended its dividend reinvestment plan (DRIP) to shareholders living in the United States. U.S. shareholders can now enroll their Class A and Class B non-voting class shares in the DRIP, which had, since 2008, only been available to Canadian residents. Under the plan, Shaw’s registrar, CST Trust, will […]

The tech-heavy Nasdaq-100 has lifted to a bull market and all-time high, joining the S&P 500, the Dow Industrial Average and Russell-2000 in a trend advance driven by expectations for higher growth and profits in the Trump administration. But the nation’s biggest tech giants still face political and economic headwinds, with the surging U.S. Dollar […]Read More

As a phone brand, Blackberry (NASDAQ: BBRY) refuses to die. The company kept making its once-popular handsets for years after consumers stopped caring. It only recently stopped — finally — in order to focus on its software business. But before the company’s small remaining fan base even had a chance to grow nostalgic, the company […]

Supermarket chain Kroger (NYSE: KR) has decided to offer some employees — those not directly working on its store floor — voluntary retirement packages. The offer comes as the company has been engaged in what it calls its “Customer 1st Strategy,” an ongoing effort to control costs in areas customers don’t see in order to […]

We’ll soon strike China-based renewable energy specialist Trina Solar (NYSE: TSL) off the list of publicly traded enterprises. In an expected development, the company’s shareholders voted in favor of it effectively going private. According to Trina Solar, nearly 98% of the vote was for approval. In the deal, Trina Solar will merge with two companies, […]

Brewing giant Anheuser-Busch InBev (NYSE: BUD) is in the midst of selling the assets it agreed to shed in order to convince regulators to sign off on its $100 billion acquisition of SABMiller. The brewer said Thursday it was selling its ownership stake in Distell Group, a South African distiller of wine, spirits, and ciders, […]

Brewing giant Anheuser-Busch InBev (NYSE: BUD) is in the midst of selling the assets it agreed to shed in order to convince regulators to sign off on its $100 billion acquisition of SABMiller. The brewer said Thursday it was selling its ownership stake in Distell Group, a South African distiller of wine, spirits, and ciders, […]

The major stock market indexes moved marginally lower over the past week. On Wednesday, the Federal Reserve raised interest rates by 25 basis points to a 50 to 75 basis point range, citing a ‘solid’ job market, ‘moderate’ household spending, and ‘soft’ business investment. Retail sales rose a less-than-expected 0.1% in November due to a […]Read More

Japan’s parliament may have given the go-ahead to legalize gambling in the country, but it’s much too early to say who will be the biggest casino winner as a result. The legislation approved is only the first steps in the process, and it may take years before the first casinos open their doors. The biggest […]

After Priceline Group (NASDAQ: PCLN) CEO Darren Huston resigned in April following revelations that he had a personal relationship with an employee in violation of the company’s code of conduct, longtime executive Jeffrey Boyd stepped into the role as interim CEO until a replacement could be found. The travel site announced on Thursday it was […]

Canada-based precious metals miner Eldorado Gold (NYSE: EGO) has recruited locally, and within its own industry, for its new leader. The company announced that George Burns, executive vice president and COO of fellow Vancouver-headquartered miner Goldcorp (NYSE: GG), is to be its next president and CEO. Burns replaces Paul Wright, who Eldorado Gold announced is […]

Home goods retailer Bed Bath & Beyond (NASDAQ: BBBY) is being accused of shorting employee wages by not paying them for overtime worked. Proposed class-action lawsuits have been filed in New Jersey and elsewhere. According to NJ.com, Bed Bath & Beyond paid employees under a “fluctuating OT” scheme that penalized them by reducing their hourly […]