AbbVie to buy back $10 billion of shares, raises dividend

(Reuters) – AbbVie Inc (ABBV.N) said on Thursday its board had approved a $10 billion stock repurchase program, and the drugmaker also increased its quarterly dividend, as it reaped the benefits of U.S. tax law changes. The Chicago-based company’s shares were up nearly 1 percent at $114.04 in mid-afternoon trading. AbbVie, which forecast an adjusted effective 2018 tax rate of ...

Read More »

Russian toll in Syria battle was 300 killed and wounded: sources

MOSCOW (Reuters) – About 300 men working for a Kremlin-linked Russian private military firm were either killed or injured in Syria last week, according to three sources familiar with the matter. A Russian military doctor said around 100 had been killed, and a source who knows several of the fighters said the death toll was in excess of 80 men. ...

Read More »

U.S. market gurus who predicted selloff say current calm an illusion

NEW YORK (Reuters) – You ain’t seen nothing yet. Some veteran investors who were vindicated in calling for a pullback in shares and a spike in volatility could now be cheering. Actually, they’re looking at the risks that still lie ahead in the current relative calm. The last week’s wild market swings confirmed that the market was in correction territory ...

Read More »

German Turks plan to sue far-right AfD for ‘camel driver’ slur

BERLIN (Reuters) – Germany’s Turkish community plans to bring criminal charges against a senior member of the far-right Alternative for Germany (AfD) for calling Turks “camel drivers” who should return to their “mud huts and polygamy”. Andre Poggenburg, AfD head in the state of Saxony Anhalt who was reprimanded by his party last year for using neo-Nazi slogans, made the ...

Read More »

Mandisa: Prayer Is Not ‘All We Can Do, But the Most We Can Do’ in Wake of FL Mass Shooting

Once again, Americans are left trying to process a terrible mass shooting, this time at Marjory Stoneman Douglas High School in Parkland, Florida. Students are taking to Twitter, asking for prayers and trying to understand how this could happen to their school, their friends.    I have said RIP too many times in the past 24 hours but RIP coach ...

Read More »

Homeless man found dead near Parliament ‘was model’

Image copyright PA Image caption The man was found in an underpass at Westminster Underground station A man found dead in a Tube station underpass near the Houses of Parliament was a former model who had recently applied for a job as a waiter, a homeless charity has said. The Connection at St Martin’s said the dead man, who it ...

Read More »

Bitcoin gets back above $10,000 on Bitstamp, a more than two-week high

NEW YORK (Reuters) – Bitcoin rose above $10,000 on Thursday for the first time in more than two weeks, as investors bought back the digital currency after having fallen 70 percent from its all-time peak hit around mid-December. On the Luxembourg-based Bitstamp, bitcoin rose as high as $10,095.82 and was last at $10,060.26, up 6 percent on the day. Reporting ...

Read More »
Skip to toolbar