Word: chip
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Responding to the favorable tax treatment, 96 companies initiated or raised dividends in June--10% more than in June of last year and a 32% jump over the 10-year average for that month. A handful of blue-chip companies, including Bank of America, Citigroup, Colgate-Palmolive, Goldman Sachs and Starwood Hotels, boosted their dividends a whopping 30% or more. Some smaller firms have been even more aggressive. Energy company Kinder Morgan has a volatile dividend history but recently raised its annual payout to $1.60 a share--five times what it paid last year and double its biggest dividend...
...Boston resident reported that between 3 p.m. and 3:30 p.m., she left her cellular phone behind a counter while working in the Galleria Mall. She said she believes an unknown party swapped her phone’s chip...
...well-spoken and well-liked, Fung, 57, seems eminently qualified to rescue Hong Kong's sick economy. He was once an investment banker and venture capitalist, used to head the Trade Development Council, is current chairman of the Airport Authority, and also runs his family firm, the successful blue-chip trading company Li & Fung...
...into preferred shares. But as Fulton points out, most preferreds are issued by smaller, lesser-known companies. And some of those issuers are seriously obscure. Do the names Kramont Realty, NOVA Chemicals or Talisman Energy ring any bells? Still, preferred shares with reasonable yields are available from such blue-chip companies as Citigroup and Wells Fargo. Here are some pointers...
...head of sales in Asia for computer-chip maker Intel, Chen, 41, tapped emerging markets from China to Pakistan and turned the region into the company's top revenue producer. As Chen settles into his new post as head of sales worldwide, he will continue to work to develop nascent markets, adding Latin America and Russia to his plate. The Tai Chi devotee will also play a big role in Intel's push to place its chips in communications devices, from cell phones that send pictures to computers that access the Internet wirelessly...