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McDonald’s Corp. said late Thursday its board of directors has approved a 7% dividend increase to $1.01 a share, payable Dec. 15 to shareholders of record Dec. 1. That’s the company’s 41st consecutive dividend increase. McDonald’s shares fell less than 0.1% in after-hours trading after ending the regular session down 0.5%.
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From:: Stock Market News
Shares of Presidio Inc. fell more than 5% late Thursday after the IT company missed fiscal fourth-quarter revenue expectations. Presidio said it earned $10.4 million, or 11 cents a share, in the quarter, versus a net loss of $7.4 million, or 10 cents a share, in the year-ago period. Adjusted for one-time items, the company earned $30.6 million, or 32 cents a share, compared with $23.4 million, or 25 cents a share, in the prior-year quarter. Revenue fell to $729 million, from $754 million a year ago. Analysts polled by FactSet had expected adjusted earnings of 32 cents a share on sales of $737 million. The shares ended the regular trading session down 0.4%.
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From:: Stock Market News
As the days shorten and autumn arrives, it’s time to start considering holiday gift items, or even a couple of household goodies you might just want to keep for yourself.
Take, for example, the remotely controllable slow cooker from WeMo, which lets you check on your meal in progress without actually having to be in the kitchen. Quickly and easily adjust your device’s temperature and cook time via the WeMo smartphone app, or just turn it on or off completely while you’re away. Plus, its six-quart oval stoneware cooking chamber is removable and dishwasher-safe.
Forget fall foliage and Indian corn—add some festive color to any of your home’s doorways with a natural or faux berry fall wreath. Many retail and online home stores and garden centers are offering stemmed bittersweet wreaths gleaming with russet red and persimmon, instead of autumn’s more understated browns and oranges.
Or, add rustic charm to any abode with small-scale set of burnished-bronze Anthropologie Airen antlers (Anthropologie.com, $21). Their hefty aluminum build is sturdy enough for holding purses and scarves by the door, or can just as easily be displayed in the living or bedroom as cruelty-free, cabin-inspired wall art.
Match them up with a pair of Pier 1 Imports antler-shaped candle stands ($28 each). Substitute in lieu of a traditional cornucopia to open up the visual space, while giving any tabletop or nook a more dramatic feel.
If you’re not ready to panel an entire room, or looking to add a few natural woody accents, try Target.com for one or more sets of decorative Weathered brand wood panels. Their eye-catching geometric design is described as the perfect home decor for the minimalist household.
Or if you want the easy-to-apply—and remove—effect of wood, JCPenny.com offers extremely authentic-looking and American-made Beachwood Peel-and-Stick Wallpaper. Use it to freshen up a backsplash, as intriguing shelf-backing, to accent small areas, or on an entire wall.
For the latest real estate news and trends, bookmark RISMedia.com.
The post The Latest and Greatest Fall Home Trends appeared first on RISMedia.
From:: Real Estate News
Sanderson Farms Inc. said Thursday it is increasing its quarterly dividend by 8 cents to 32 cents a share. The poultry producer’s board also declared a special dividend of $1 a share. The regular dividend and the special dividend are payable Oct. 17 to shareholders of record Oct. 3. Sanderson Farms shares rose 0.5%.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News
Facebook Inc. said it will release ads to Congress that appeared to have come from Russia and were aimed at influencing the U.S. election. Facebook had already announced it was handing them over to Special Counsel Robert Mueller but had resisted providing them to Congress. But Facebook still won’t release them to the public. “We believe the public deserves a full accounting of what happened in the 2016 election, and we’ve concluded that sharing the ads we’ve discovered, in a manner that is consistent with our obligations to protect user information, can help,” Facebook General Counsel Colin Stretch said in a statement.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News
Finance of America Mortgage revealed a new unit that will target small financial institutions. Included in the offering are correspondent acquisitions.
As part of the Mortgage Daily Mortgage Origination Survey, the lender reported that it closed nearly $8 billion in single-family loans during the first half of this year.
But all of the Horsham, Pennsylvania-based mortgage banking firm’s loan production was generated through the retail and wholesale lending channels.
From:: Financing
Senate Republicans have rewritten an Obamacare repeal bill in an attempt to win the support of Alaska Sen. Lisa Murkowski, according to a report Thursday. Independent Journal Review said a new draft of legislation from Sens. Lindsey Graham of South Carolina and Bill Cassidy of Louisiana includes three provisions that would benefit Alaska, including continuing Obamacare premium tax credits. Murkowski is a swing vote on the bill, which may come up for a vote next week.
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From:: Stock Market News
The U.S. Securities and Exchange Commission, U.S. Department of Justice, and Dutch and Swedish law enforcement officials settled charges Thursday against Sweden-based telecommunications provider Telia Company AB [s:tlsny] alleging the company paid bribes to government officials to win business in Uzbekistan. Telia entered the Uzbek telecommunications market by allegedly offering and paying at least $330 million in bribes to a shell company controlled by an Uzbek government official who was a family member of the President of Uzbekistan. The payments were disguised as payments for lobbying and consulting services that never actually occurred. The official was in a position to exert significant influence over other Uzbek officials. Telia Company’s subsidiary in Uzbekistan, Coscom LLC, has entered a guilty plea with the DOJ. Telia cooperated in the investigation according to a statement by Marie Ehrling, the Telia board’s chairwoman, and received an aggregate discount of 25% off of the bottom of the otherwise-applicable U.S. Sentencing Guidelines fine range.
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From:: Stock Market News
Shares of Anadarko Petroleum Corp. soared 8.2% in afternoon trade Thursday, enough to make them the biggest gainers in the S&P 500 , after the oil and gas company said it plans to buy back $1 billion worth of its stock over the next 3 1/2 months. The stock, on track to close at three-month high, was also headed for the biggest one-day percentage gain since Nov. 30, 2016. The company said late Wednesday that set a $2.5 billion stock repurchase program, that extends through the end of 2018. At Wednesday’s closing price of $44.81, the program represents about 10% of the shares outstanding. Chief Executive Al Walker said the initial target is to buy $1 billion worth of shares before the end of the year. Filings show Anadarko repurchased a total of $36.65 million worth of its stock during the first two quarters of 2017. The stock has rallied 6.9% over the past three months, but was still down 30.5% year to date. In comparison, the SPDR Energy Select Sector ETF has lost 11.2% this year, while the S&P 500 has gained 11.9%.
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From:: Stock Market News
Nvidia Inc. announced that it is releasing a new configuration of its Shield TV for $179 Thursday that will match the price for Apple Inc.’s new 4K HDR TV product announced last week. Nvidia shares are down 3.7% to $178.97 in afternoon trading. The new configuration will include essentially the same hardware that plays 4K HDR video and 16GB of storage, but will include a remote not a video game controller, according to Nvidia. The new Shield TV is available for pre-order Thursday and won’t begin shipping until Oct. 18. The announcement comes amid the first reviews for the new Apple TV Thursday and some critics have noted issues with the new gadget. Nvidia stock is up 70% thus far this year, as the S&P 500 index up 10%.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News