Apple Raises $17 Billion in Largest Corporate Bond Sale Ever
Apple sold $17 billion worth of bonds late Tuesday in the largest sale of corporate bonds ever, part of a plan to increase its share buyback program and boost its dividend.
Apple sold $17 billion worth of bonds late Tuesday in the largest sale of corporate bonds ever, part of a plan to increase its share buyback program and boost its dividend.
With Google's stock hovering at record highs, Executive Chairman Eric Schmidt plans to sell more than 40 percent of his stock in the Internet search leader this year. If he were to sell all that stock at Google's current price, Schmidt would realize a $2.5 billion windfall.
One of the most contentious issues in the debate over how the U.S. government can increase its revenues involves the capital gains tax rate -- the rate investors pay on their profits. Here's what you need to know to understand just what both sides are arguing about.
The yields offered by banks are laughable. This situation got several well-known companies thinking, "Let's sell debt to consumers who recognize and trust our brand, and offer interest rates on it that are slightly higher than these CDs and money markets." Thus, the "floating-rate demand note" was born.
Walmart on Thursday raised its annual dividend 21% to $1.46 after reporting a 27% increase in net income for the fourth quarter last month. But after missing its own revenue projection, will the retail giant be able to turn its U.S. business around this year?
Visa said Wednesday it's boosting its dividend for the second year in a row. Shareholders will now get 60 cents per share annually, up from 50 cents per share. The news comes in advance of Visa's fiscal fourth-quarter earnings expected next week.
The weakening stock market has investors fleeing for safe havens, like bonds. But some companies have a lot of cash, high operating margins and stocks with high yields -- far better ones than most bonds currently.
Despite initial attempts to keep its dividend intact, BP may now consider deferring or reducing it in the second-quarter.
BP's stock plunged more than 14% at one point Wednesday to $29.77 -- a level last seen in 1996 -- amid concern the energy giant could cut or suspend its dividend as it grapples with the Deepwater Horizon oil spill in the Gulf of Mexico.










