New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
August 25, 2014
10:00 EDTSNP, STLD, FL, RGDO, ITMN, THOR, HNIOn The Fly: Analyst Downgrade Summary
Foot Locker (FL) downgraded to Neutral from Overweight at Piper Jaffray... HNI Corporation (HNI) downgraded to Market Perform from Outperform at Raymond James... InterMune (ITMN) downgraded to Hold from Buy at Stifel... Steel Dynamics (STLD) downgraded to Neutral from Outperform at Credit Suisse... Thoratec (THOR) downgraded to Neutral from Overweight at Piper Jaffray... Regado Biosciences (RGDO) downgraded to Hold from Buy at Deutsche Bank... Sinopec (SNP) downgraded to Neutral from Buy at Citigroup.
News For FL;HNI;ITMN;STLD;THOR;RGDO;SNP From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
February 23, 2015
07:45 EDTSTLDSteel Dynamics remains a Best Idea at Morgan Stanley
Subscribe for More Information
February 18, 2015
16:41 EDTFLFoot Locker approves $220M capital expenditure program for 2015
Subscribe for More Information
16:39 EDTFLFoot Locker raises dividend 14% to 25c, approves $1B share buyback
Foot Locker announced that its board authorized capital allocation initiatives that "simultaneously provide meaningful returns to shareholders and maintain a significant investment in its business operations." The board declared a quarterly cash dividend on the company's common stock of 25c per share, which will be payable on May 1 to shareholders of record on April 17. This dividend declaration represents a 14% increase over the company's previous quarterly per-share amount. The board also approved a new 3-year, $1B common share repurchase program extending through January 2018, replacing the company's previous $600M program. The company spent $305M under the previous program in 2014, and as of yesterday had substantially completed the full program amount, Foot Locker said.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use