Lilly’s latest dividend increase carries on long tradition
Until impending patent expirations spurred the company to forgo a dividend increase in 2010, the company had announced dividend increases for 42 consecutive years.
Until impending patent expirations spurred the company to forgo a dividend increase in 2010, the company had announced dividend increases for 42 consecutive years.
Shares in Anthem Inc. and Cigna Corp., which agreed to a $48 billion deal in July, continued to slide Thursday after presidential candidate Hillary Clinton said mergers in the industry deserve more scrutiny.
U.S. stocks fell sharply Friday on concern about the outlook for global growth, one day after the Federal Reserve decided to hold off raising interest rates.
The Federal Reserve on Thursday decided to keep U.S. interest rates at record lows in the face of threats from a weak global economy, persistently low inflation and unstable financial markets.
Will the Fed raise the benchmark short-term interest rate from a record low on Thursday afternoon? Economists remain unsure, though the consensus seems to have shifted against the likelihood of an increase.
Hiring in August was the slowest in five months. U.S. stocks opened lower Friday after the report left investors uncertain about the outlook for interest rate policy.
U.S. stocks joined a worldwide selloff Tuesday amid continuing concerns that China’s slowdown will weigh on the global economy.
August was a brutal month for investors. Fears about a slowdown in China’s economy and concerns about when the Federal Reserve will raise interest rates pushed stocks sharply lower.
Recent stock market turbulence hasn’t made members of the Federal Reserve abandon the idea of a slight rate increase as early as September.
Investors were in a buying mood again on Thursday, driving U.S. stocks higher for the second straight day as they took advantage of this month’s sell-off.
Pendleton-based auto-parts maker Remy International Inc. did squeeze some extra cash out of its acquirer, Auburn Hills, Michigan-based BorgWarner Inc.—but not a lot.
The Dow Jones industrial average rocketed more than 600 points Wednesday, its biggest one-day gain in seven years, snapping a six-day losing streak that had Americans nervously checking their investment balances.
Stocks surged Tuesday morning on Wall Street, erasing some of the heavy losses of a day earlier, after China cut interest rates to try to boost the world's second-largest economy.
The Standard & Poor’s 500 Index fell into a correction Monday for the first time since 2011 in one of the most volatile trading days ever, as a rout in global equity markets deepened.
A wave of fear triggered by instability in China initially doused U.S. stocks on Monday morning, but then quickly receded by noon.
Major U.S. stock indexes dropped more than 4 percent following the opening bell after China's stock market fell Monday by its biggest margin in eight years.
The U.S. stock market endured its worst performance in 18 months on Thursday, driven lower by another slump in Chinese shares and heavy selling by technical traders.
The Standard & Poor’s 500 index sank 1.4 percent Wednesday morning, giving it the worst two-day retreat since January and erasing its gain for 2015.
The New York Stock Exchange halted trading for 3-1/2 hours Wednesday because of a computer malfunction, forcing traders to route orders elsewhere in a drama that also highlighted the resilience of U.S. market structure.
Equity trading was halted Wednesday at the New York Stock Exchange as the biggest American share venue addressed a computer malfunction and canceled open orders.