All posts tagged "Dividend"

NEW YORK — Shareholders and home loan customers ran roughshod over Bank of America's management Wednesday, as its chief executive said it was still struggling with its mortgage portfolio in a deeply troubled housing market.

China has ordered major state-owned companies to divert more of their profits to the central government, giving Beijing more money to spend on priorities such as education, healthcare and the military.

With tensions simmering on both sides of the Atlantic, BP's handling of the Gulf of Mexico oil spill is set to top the agenda of talks Saturday between US and British leaders.

BP's shareholders may receive more this year from the company's coffers than those affected by the spill in the Gulf of Mexico will receive in their lifetime.