With the expectation of repurchasing approximately 1.5 billion shares in 1st quarter, the company will be initiating 15 cents on each share as the dividend in cash followed by 1.2 billion share repurchasing during the years 2017-2018. Deutsche Bank AG reaffirmed a "buy" rating and issued a $69.00 price target on shares of Cognizant Technology Solutions Corporation in a research note on Friday, October 21st.
The South American government says in a news release that it has requested consultations with Canada under the WTO dispute settlement system. The foreign ministry in Brazil said it had requested consultations with Canada at the WTO "over subsidies given by the Canadian government at a federal, provincial and local level to the aerospace industry".
For all that Cook oversaw series wins in India (2012) and South Africa (2016) as well as the 2013 and 2015 home Ashes triumphs, England stuttered previous year. "I've tried - whether I've got it right or wrong - to do what's best for English cricket at that time". Cook is England's highest run-scorer in Test cricket, accumulating 11,057 runs in 140 matches, and his reliability at the top of the order will be key to whoever takes over as captain.
In addition to setting up this joint venture, Honda is also planning to set up sales and manufacturing facilities in China and the US. According to a statement released by the companies, Hitachi will own 51 percent stake in the new company, while Honda will control the remaining 49 percent, and the new venture will have an initial capital of 5 billion yen (over $44.5 million).
The fall in inflation has given enough room for the RBI to cut the rates. That time, the analysts were expecting a rate cut, but the RBI Governor Urjit Patel gave "surprise" buy not reducing the rates. The Nikkei Services Purchasing Managers' Index (PMI) survey showed that input cost inflation slowed since December, while average selling prices contracted again, which may prompt the RBI to be "accommodative" at its forthcoming monetary policy review.
That was down from its November forecast and trailed analysts' average projection. Michael Kors ( KORS ) indicated on this morning's earnings call that it will consider big acquisitions as its second priority for driving growth, renewing speculation that it might purchase luxury brand Kate Spade (KATE).