Nasdaq declares dividend as low volumes sap profit

Nasdaq OMX Group Inc declared its first quarterly dividend on Wednesday, but said first-quarter net earnings declined 18 percent mainly due to lower trading volumes for stocks and derivatives. The exchange ...

Zacks.com submits: Best Buy Company Inc. (BBY) , the leading specialty retailer of consumer electronic products, recently boosted its quarterly dividend by 7.1%. The board has approved an increase in annual dividend to 60 cents (or 15 cents quarterly) from 56 cents a share (or 14 cents quarterly).

NEW YORK (Reuters) - Exchange operator Nasdaq

American Express just announced that it is cutting 5400 jobs. Cuts will be made across seniority levels, but the travel sector will get hit the hardest. The company itself will take a $287 million hit related to the layoffs.

By Tim Plaehn: The 2012 second quarter earnings release from Annaly Capital Management (NLY) had me digging out the calculator to get a han

Zacks.com submits: Canada’s largest natural gas producer EnCana Corp. (ECA) is scheduled to report its fourth quarter 2010 results on February 10.

Monsanto Company Inc. (NYSE: MON), the world's biggest seed company, is scheduled to release financial results for the fiscal first quarter on Wednesday, January 6, 2010. Analysts, on average, expect the company to report breakeven per share on revenue of $1.98 billion. In the year ago quarter, the company reported earnings of 98 cents per share on revenue of $1.98 billion.

TORONTO — Kinross Gold Corporation (TSX:K) is reporting a multi-billion dollar net loss in its fourth quarter after taking a $3.2-billion impairment charge, mostly on its Tasiast mine. The Toronto-based miner reported a net loss of $2.989-billion, or $2.62 per share for the three months ended Dec. 31, compared to a net loss of $2.79-billion, or $2.45 per share in the year earlier period. On an adjusted basis, Kinross reported net earnings of $276.5-million, or 24 cents per share — beating analyst estimates by a penny.