Costco announced they will be distributing a special dividend to stockholders next month. The company already had plans to pay their quarterly dividend of 27.5 cents per share, which they will pay in addition to the one time special dividend. The special dividend comes at a time that … [Read more...]
Obama, Congressional Leaders Meet for Tax Talks
President Obama stressed urgency Friday morning when meeting with congressional leaders in the White House Roosevelt Room to discuss strategy to avoid the looming “fiscal cliff” of spending cuts and tax hikes set to occur Jan. 1 without legislative action. … [Read more...]
President Obama and Speaker Boehner Speak Out on Avoiding the Fiscal Cliff
This week's announcements from President Obama and Republican Speaker of the House John Boehner, regarding how to tackle tax increases were aimed at positioning their stance on the issue, while leaving room for compromise. While there seems to be some of the same old points of … [Read more...]
Economic Growth Outlook Reduced
Due to a reduction in spending by both businesses and consumers, most analysts have reduced the forecast growth outlook for 2013. … [Read more...]