Apple on Tuesday reported a rise in its quarterly profit to $8.8 billion on hot iPad sales but missed lofty Wall Street expectations due, in part, to iPhone lovers waiting for a rumored new model.
Thirty-six years after its founding, Apple Inc. is finally loosening up its purse strings to reward shareholders directly, by instituting a dividend and share buyback program.
(AP) -- Faced with a steep decline in sales, chip maker National Semiconductor Corp. said Wednesday it will eliminate more than one-quarter of its work force, or 1,725 jobs.
IBM said Tuesday it is raising its quarterly dividend to $1.30 from $1.10, an increase of 18 percent.
German semiconductors giant Infineon said Thursday it will pay an increased dividend for the year to September and forecasts further sales growth after a solid fourth quarter.
Apple shares on Monday climbed above $600 ahead of a stock split and as the company ramps up its stock buy-back program.
Apple is doling out more of its cash to shareholders and preparing to split its stock for the first time in nine years in an attempt to win back investors fretting about the iPhone maker's slowing sales growth and pace of ...
Microsoft announced a new $40 billion share buyback on Tuesday as part of an effort by the transitioning US tech giant to return more cash to stockholders.
Billionaire investor Carl Icahn is giving up his bitter takeover fight for Dell Inc. a few days before shareholders are scheduled to consider the latest buyout offer from the struggling computer maker's founder Michael Dell.
Activist investor Carl Icahn thinks Apple should be doing more to revive its stock price, and wants to help CEO Tim Cook with the resuscitation.