Microsoft boosts dividend 11 percent, adds new directors
SEATTLE (Reuters) – Microsoft Corp on Tuesday announced the smallest percentage increase in its quarterly dividend since 2009 and appointed new directors to replace two board members who decided not to seek re-election.
New York says Barclays move to toss fraud case should be denied
NEW YORK (Reuters) – The New York attorney general on Tuesday rebutted Barclays Plc’s motion to dismiss the state’s lawsuit alleging fraud in how it ran a private trading platform, calling the arguments in the petition “misguided” and “disingenuous.”
Alibaba options expected to be listed on Sept. 29: exchanges
NEW YORK (Reuters) – Investors looking to hedge their bets or speculate on the direction of Alibaba Group’s stock after its expected public sale of shares on Friday, will be able to trade its options in two weeks, as U.S. options exchanges are expected…
Roller-coaster debate over new Fed tool may get resolved this week
NEW YORK/SAN FRANCISCO (Reuters) – There is a distinct chance U.S. Federal Reserve officials will rewrite their strategy for normalizing monetary policy this week given signs that a roller-coaster debate over a new tool for controlling interest rates i…
Adobe revenue forecast misses, shares slip
(Reuters) – Photoshop maker Adobe Systems Inc’s forecast disappointing revenue for this quarter and reported lower quarterly sales at its digital media business, which includes the Creative Cloud software suite.
FedEx units to raise shipping rates from January
(Reuters) – FedEx Corp , the world’s No.2 package delivery company, said it would increase shipping rates for its express, ground and freight services, effective Jan. 5, 2015.
Boeing-Lockheed venture wins $938 million in U.S. rocket launch deal
WASHINGTON (Reuters) – United Launch Alliance, a joint venture of Boeing Co and Lockheed Martin Corp , has won a contract from the U.S. Air Force for $938 million in additional work on military rocket launch services, the Pentagon said on Tuesday.
U.S. auto regulators defend role in GM recall after report
WASHINGTON (Reuters) – Federal auto safety regulators came under scrutiny in a Senate hearing on Tuesday for their role in General Motors’ failure to promptly report and recall cars with defective parts that led to at least 19 deaths.
Wall St. climbs as expectations shift on Fed policy
NEW YORK (Reuters) – U.S. stocks rose on Tuesday and the S&P notched its best performance in a month after a report shifted investor expectations for the Federal Reserve’s policy statement due on Wednesday.
New data shows Americans’ incomes still stagnant after recession
WASHINGTON (Reuters) – In what has become a recurring theme in America’s long slog back from the 2007-09 recession, most U.S. households again saw no noticeable increase in their income last year.
