The global dividend payouts to shareholders reached an all-time high of $1.66 trillion in 2023, as reported by British asset manager Janus Henderson. This represents a 5% increase year-on-year, with a 7.2% rise in the fourth quarter compared to the previous three months. The underlying basis of this growth accounts for the impact of exchange
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The highly anticipated sequel to Matt Reeves’ “The Batman” is no longer set to open on October 3, 2025, as originally planned. Instead, the new launch date has been pushed to October 2, 2026. This unexpected shift is reportedly a result of the aftermath of unforeseen circumstances that have affected the production timeline. Additionally, the
New Line Cinema’s adaptation of Stephen King’s Salem’s Lot will not be hitting theaters as initially planned, but will instead be released on an OTT service later this year. This decision was a surprising one, especially in light of Warner Bros Discovery CEO David Zaslav’s strong stance on theatrical releases over straight-to-streaming films. The buzz
Ken Griffin, the founder and CEO of Citadel, has expressed his opinion on the Federal Reserve’s strategy in combating inflation. He believes that the Fed should proceed cautiously when it comes to cutting interest rates, warning against hasty decisions that could have negative consequences in the long run. Griffin emphasized the importance of not rushing
Last week, Broadway welcomed several newcomers that drew strong audience figures. Among them, An Enemy of the People, The Notebook, and The Who’s Tommy stood out by filling every seat and then some. An Enemy of the People, a revival of the Ibsen play featuring Jeremy Strong, Michael Imperioli, and Victoria Pedretti, emerged as the
Southwest Airlines recently announced that it will be forced to make adjustments to its capacity plans and financial forecasts for the year due to delivery delays from Boeing, its primary aircraft supplier. The airline revealed that Boeing had revised its delivery projections, indicating a decrease in the expected number of Boeing 737 Max 8 planes
Frontier Airlines recently introduced a new add-on called UpFront Plus, aimed at providing passengers with more room and eliminating the dreaded middle seat neighbor. However, upon closer inspection, it becomes evident that this offering falls short of what one would typically expect from a first-class experience. UpFront Plus Overview While the concept of blocking the
Southwest Airlines saw a nearly 14% drop in its shares after announcing a reevaluation of its full-year 2024 guidance. The airline cited delivery delays from Boeing as the primary reason for this reevaluation. Additionally, Southwest revealed that its first-quarter leisure bookings were weaker than anticipated. The company also forecasted a flat to slightly up unit
Oracle, an information technology stock, saw a 13.3% increase in premarket trading due to its strong per-share earnings. The company posted adjusted earnings per share of $1.41, surpassing analysts’ expectations of $1.38. This positive performance contributed to the surge in Oracle’s stock price. Contrary to Oracle’s success, On Holding witnessed a more than 14% plunge
The toy industry faced a significant challenge in 2023 as global sales slipped by 7%, according to data from Circana. However, amidst this downturn, the Denmark-based Lego company managed to grow its sales by 2%. This resilient performance was a testament to Lego’s ability to navigate through challenging times while continuing to outperform the industry.