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Posts published in “Stocks”

HSBC board recommends shareholders vote against spin-off resolution

HONG KONG, April 3 (Reuters) - HSBC Holdings Plc's (HSBA.L) board is unanimous in recommending that shareholders vote against proposals to restructure the bank and pay fixed dividends, its chairman, Mark Tucker, told Hong Kong shareholders on Monday.The comment came as Ken Lui, an individual HSBC shareholder and leader of a Hong Kong-based investor group

Glencore Shareholders Get Mad After Getting Paid

Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info By Julianne Geiger - May 26, 2023, 11:30 AM CDT A third of Glencore's shareholders failed to accept the company's climate progress report at today's meeting, demanding additional information. This, after

Apple’s iPhone Sales Exceed Expectations in Q2 Earnings Report

Apple Earnings Highlights Apple beats Wall Street’s expectations for earnings per share and revenue iPhone sales boost better-than-expected performance Mac and iPad sales fall further than expected on parts shortage Services business shows 5.45% annual increase in revenue Apple’s greater China business reports $17.81B sales, down from last year $90 billion in share repurchases and

Intel posts biggest quarterly loss in company history as processor sales plunge

TechSpot is celebrating its 25th anniversary. TechSpot means tech analysis and advice you can trust. Bottom line: Unlike other tech giants like Microsoft and Google, Intel's bottom line is hurting this year. The company saw a $2.8 billion loss in Q1 – the worst in its history and a major hit at a time when it is

Indian numerals: A gold high, GoFirst grounded, record dividends

Mettle detectorPhoto: Arko Datta (Reuters)$27.6 billion: Dividends paid out by India Inc in FY23 Corporate India showered its shareholders with generous returns in the 2023 financial year, Business Standard reported. The total equity dividend paid out by firms increased 38% year-on-year to a record high of $27.6 billion. A big boost came from the dividends

Efficiency drive yields record dividends for Billington

Billingotn supplied the steelwork for the Sandwell Aquatics Centre last yearFinancial results for 2022 posted by Billington Holdings today show £5.8m pre-tax profit, up from £200,000 in 2021. Turnover was up nearly 5% to £86.6m (2021: £82.7m). The 2021 profit was suppressed by a single £1.1m impairment from a client that went out of business