Microsoft Corp raised its quarterly dividend to 28 cents per share and authorized a new share buyback program on Tuesday, two days before investors quiz the software giant on its next chief executive and a bold foray into mobile devices. The 5-cent increase in the dividend, worth about $400 million […]
Tag: Euros
Deutsche Bank to Raise as Much as $6.3 Billion
Deutsche Bank AG (DBK), continental Europe’s biggest bank, will raise as much as 4.8 billion euros ($6.3 billion) to increase capital as first-quarter profit climbed. The company will issue 2.8 billion euros in stock, or as many as 90 million new shares, with full dividend entitlement for 2012, […]
Big depositors in Cyprus to lose far more than feared
Big depositors in Cyprus’s largest bank stand to lose far more than initially feared under a European Union rescue package to save the island from bankruptcy, a source with direct knowledge of the terms said on Friday. Under conditions expected to be announced on Saturday, depositors in Bank of Cyprus […]