ZIRP Wednesday!
from bloomberg: fed may cut rate to 1%, signal steps to secure economy the federal supply may lower its benchmark interest rate to 1 percent today and signal further reductions to levels unseen since dwight eisenhower was president. tumbling commodities prices and weaker consumer spending are slowing inflation, which officials described as a “significant concern” at their last …
Lufthansa wants lower dividend to shareholders but keeps acquisitions plans, stake in BMI first!
deutsche lufthansa ag, europe’s second-biggest airline, wnats to pay a diminish dividend to shareholders, chief financial officer stephan gemkow said. investors are already facing a smaller payout than some may have hoped after lufthansa on avoid its full-year operating profit end to 1.1 billion euros from almost 1.4 billion euros. the carrier’s dividend policy generally …
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